|
|
|
|
|
|
|
|
|
Statement of Financial Position |
|
2024 |
2023 |
|||
|
Note |
£ |
£ |
£ |
£ |
|
Tangible assets |
5 |
|
|
||
|
Debtors |
6 |
|
|
||
|
Investments |
7 |
|
|
||
|
Cash at bank and in hand |
|
|
|||
|
--------- |
--------- |
||||
|
|
|
||||
|
Creditors: amounts falling due within one year |
8 |
|
|
||
|
--------- |
--------- |
||||
|
Net current assets |
|
|
|||
|
------------ |
------------ |
||||
|
Total assets less current liabilities |
|
|
|||
|
Taxation including deferred tax |
|
|
||
|
------------ |
------------ |
|||
|
Net assets |
|
|
||
|
------------ |
------------ |
|||
|
Called up share capital |
|
|
||
|
Share premium account |
|
|
||
|
Fair Value reserve |
|
|
||
|
Repairs & Maintenance reserve |
|
|
||
|
Profit and loss account |
|
|
||
|
------------ |
------------ |
|||
|
Shareholders funds |
|
|
||
|
------------ |
------------ |
|||
|
|
|
Statement of Financial Position (continued) |
|
|
|
|
Director |
|
|
|
|
Notes to the Financial Statements |
|
Equipment |
- |
10% on cost |
|
|
Investment Property (Freehold) |
Equipment |
Total |
|
|
£ |
£ |
£ |
|
|
Valuation/Cost |
|||
|
At 1 January 2024 |
|
|
|
|
Revaluations |
|
– |
|
|
------------ |
------- |
------------ |
|
|
At 31 December 2024 |
|
|
|
|
------------ |
------- |
------------ |
|
|
Depreciation |
|||
|
At 1 January 2024 |
– |
|
|
|
Charge for the year |
– |
|
|
|
------------ |
------- |
------------ |
|
|
At 31 December 2024 |
– |
|
|
|
------------ |
------- |
------------ |
|
|
Carrying amount |
|||
|
At 31 December 2024 |
|
|
|
|
------------ |
------- |
------------ |
|
|
At 31 December 2023 |
|
|
|
|
------------ |
------- |
------------ |
|
| 2024 | 2023 | ||
| £ | £ | ||
| Property Historical Cost | 574,598 | 574,598 | |
| Revaluation | 964,444 | 365,402 | |
| ------------ | --------- | ||
| As above | 1,539,042 | 940,000 | |
| ------------ | --------- | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Fair Value reserve brought forward | 595,804 | 595,804 | |
| Revaluation | 599,042 | – | |
| Deferred tax on revaluation | (140,696) | – | |
| ------------ | --------- | ||
| Fair Value reserve carried forward | 1,054,150 | 595,804 | |
| ------------ | --------- | ||
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Trade debtors |
|
|
|
Other debtors |
– |
|
|
------- |
-------- |
|
|
|
|
|
|
------- |
-------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Other investments |
157,555 |
150,000 |
|
--------- |
--------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Trade creditors |
|
|
|
Corporation tax |
|
|
|
Social security and other taxes |
|
|
|
Other creditors |
|
|
|
--------- |
--------- |
|
|
|
|
|
|
--------- |
--------- |
|
| 2024 | 2023 | ||
| £ | £ | ||
| Tenants Deposits Held | 36,770 | 34,248 | |
| Income Received in Advance | 4,152 | 7,882 | |
| Accrued Expenses | 3,050 | 3,170 | |
| Net Wages Payable | 12,000 | 13,600 | |
| -------- | -------- | ||
| Total | 55,972 | 58,900 | |
| -------- | -------- | ||