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REGISTERED NUMBER: 03746182 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Notting Hill Limited

Notting Hill Limited (Registered number: 03746182)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Notting Hill Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: S Kirkham





REGISTERED OFFICE: 8 Hermitage Street
London
W2 1BE





REGISTERED NUMBER: 03746182 (England and Wales)





ACCOUNTANTS: Hans Accounting Ltd
Chartered Certified Accountants
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS

Notting Hill Limited (Registered number: 03746182)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 720 900
Investment property 5 1,500,000 1,500,000
1,500,720 1,500,900

CURRENT ASSETS
Debtors 6 243,839 453,121
Cash at bank 34,465 78,728
278,304 531,849
CREDITORS
Amounts falling due within one year 7 227,256 302,011
NET CURRENT ASSETS 51,048 229,838
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,551,768

1,730,738

PROVISIONS FOR LIABILITIES 269,519 269,519
NET ASSETS 1,282,249 1,461,219

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 808,556 808,556
Retained earnings 473,593 652,563
SHAREHOLDERS' FUNDS 1,282,249 1,461,219

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Notting Hill Limited (Registered number: 03746182)

Balance Sheet - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 June 2025 and were signed by:





S Kirkham - Director


Notting Hill Limited (Registered number: 03746182)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Notting Hill Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents amounts receivable for rent, net of VAT and other sales related taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Notting Hill Limited (Registered number: 03746182)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 19,376
DEPRECIATION
At 1 October 2023 18,476
Charge for year 180
At 30 September 2024 18,656
NET BOOK VALUE
At 30 September 2024 720
At 30 September 2023 900

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,500,000
NET BOOK VALUE
At 30 September 2024 1,500,000
At 30 September 2023 1,500,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2018 558,075
Valuation in 2020 320,000
Valuation in 2023 200,000
Cost 421,925
1,500,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors - 49,999
Other debtors 243,839 403,122
243,839 453,121

Notting Hill Limited (Registered number: 03746182)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Tax 17,812 26,403
VAT 775 15,045
Other creditors 182,719 234,613
Accruals and deferred income 25,950 25,950
227,256 302,011

8. RESERVES
Fair
value
reserve
£   
At 1 October 2023
and 30 September 2024 808,556

9. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £127,218 (2023:£130,361) due to the director..

During the year management fees of £20,000 was payable to Together Paddington Works Ltd, a company related via common directors.

At the year end the company was owed the following balances by parties related through common directorship and shareholding:
1. Space Paddington Ltd - £87,144
2. Together Paddington Works Ltd - £50,000
3. Vale Road Capital Limited - £58,881
4. Porchester Road Limited - £17,814

All the balances are repayable on demand and are not subject to any interest.