Company Registration No. 10403153 (England and Wales)
126A Westbourne Grove Limited
Unaudited accounts
for the year ended 30 September 2024
126A Westbourne Grove Limited
Unaudited accounts
Contents
126A Westbourne Grove Limited
Company Information
for the year ended 30 September 2024
Company Number
10403153 (England and Wales)
Registered Office
c/o Solid Ltd
Eagle House
163 City Road
London
London
EC1V 1NR
England
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
126A Westbourne Grove Limited
Statement of financial position
as at 30 September 2024
Investment property
1,100,000
1,100,000
Cash at bank and in hand
26,475
11,178
Creditors: amounts falling due within one year
(557)
(9,950)
Net current assets
26,558
1,228
Total assets less current liabilities
1,126,558
1,101,228
Creditors: amounts falling due after more than one year
(1,011,216)
(1,008,353)
Provisions for liabilities
Deferred tax
(30,089)
(30,089)
Called up share capital
1
1
Revaluation reserve
128,278
128,278
Profit and loss account
(43,026)
(65,493)
Shareholders' funds
85,253
62,786
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 June 2025 and were signed on its behalf by
Manisha Kumar
Director
Company Registration No. 10403153
126A Westbourne Grove Limited
Notes to the Accounts
for the year ended 30 September 2024
126A Westbourne Grove Limited is a private company, limited by shares, registered in England and Wales, registration number 10403153. The registered office is c/o Solid Ltd, Eagle House, 163 City Road, London, London, EC1V 1NR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Over 5 years
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected on the balance sheet date.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
126A Westbourne Grove Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Fixtures & fittings
At 30 September 2024
18,010
At 30 September 2024
18,010
Fair value at 1 October 2023
1,100,000
At 30 September 2024
1,100,000
The estimated market value of £1,100,000 at 2024 was based on a valuation prepared by Dexters.
Amounts falling due within one year
Accrued income and prepayments
640
-
7
Creditors: amounts falling due within one year
2024
2023
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
288,223
285,320
Loans from directors
722,993
723,033
The secured bank loan of £288,223 is secured against the property with value £1,100,000
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).