Company Registration No. 3675811 (England and Wales)
130 Epsom Road (Guildford) Limited
Unaudited accounts
for the year ended 30 November 2024
130 Epsom Road (Guildford) Limited
Unaudited accounts
Contents
130 Epsom Road (Guildford) Limited
Company Information
for the year ended 30 November 2024
Directors
A.R. Margrave
J.C. Margrave
Company Number
3675811 (England and Wales)
Registered Office
Jennifer Margrave Solicitors LLP
Courtyard Entrance (Down Road)
The Old Post Office, Merrow, Guildford
Surrey
GU1 2PX
Accountants
Ashby & Company
Flat 5
2 Courts Hill Road
Haslemere
Surrey
GU27 2EG
130 Epsom Road (Guildford) Limited
Statement of financial position
as at 30 November 2024
Investment property
345,000
345,000
Cash at bank and in hand
32,823
28,013
Creditors: amounts falling due within one year
(161,887)
(161,869)
Net current liabilities
(129,046)
(133,678)
Net assets
215,954
211,322
Called up share capital
4
4
Profit and loss account
215,950
211,318
Shareholders' funds
215,954
211,322
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by
A.R. Margrave
Director
Company Registration No. 3675811
130 Epsom Road (Guildford) Limited
Notes to the Accounts
for the year ended 30 November 2024
130 Epsom Road (Guildford) Limited is a private company, limited by shares, registered in England and Wales, registration number 3675811. The registered office is Jennifer Margrave Solicitors LLP, Courtyard Entrance (Down Road), The Old Post Office, Merrow, Guildford, Surrey, GU1 2PX.
These financial statements have been prepared in accordance with "FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Turnover represents rental income receivable. VAT is not applicable.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation where material is provided on these gains at the rate expected to apply when the property is sold.
Basic financial instruments are recognised at amortised cost.
Fair value at 1 December 2023
345,000
At 30 November 2024
345,000
The fair value of investment property at the reporting date was based on a valuation carried out by the directors. The valuation was arrived at by reference to the non operating income (NOI) method. No depreciation is provided for on the investment property.
On an historical cost basis this would have been included at an original cost of £244,174 (2023 - £244,174)
Amounts falling due within one year
130 Epsom Road (Guildford) Limited
Notes to the Accounts
for the year ended 30 November 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,344
2,294
Other creditors
159,543
159,575
Included in other creditors is a loan payable balance of £152,108 (2023: £152,108) which is unsecured, interest free and repayable on demand.
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).