Registered Number
(England and Wales)
Unaudited Financial Statements for the Period ended
31 October 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | |||
|---|---|---|---|---|
£ | £ | |||
| ASSETS | ||||
| Fixed assets | ||||
| Investment property | 4 | |||
| Current assets | ||||
| Cash at bank and in hand | ||||
| CAPITAL, RESERVES AND LIABILITIES | ||||
| Capital and reserves | ||||
| Called up share capital | ||||
| Profit and loss account | ( | |||
| ( | ||||
| Liabilities | ||||
| Creditors amounts falling due within one year | 5 | |||
| Creditors amounts falling due after one year | 6 | |||
| The financial statements were approved and authorised for issue by the Board of Directors on 24 July 2025, and are signed on its behalf by: |
Director Registered Company No. 15232883 |
| 1. | Accounting policies |
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| Statutory information | |
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| Statement of compliance | |
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| Basis of preparation | |
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| Going concern | |
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| Judgements and key sources of estimation uncertainty | |
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| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below. Valuation of investment property There are a number of estimates involved in assessing the fair value of the company's investment property. The directors have determined the fair value on similar properties at the same location. The carrying amount is £10,350,000. |
| Turnover policy | |
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| Borrowing costs | |
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| Finance costs | |
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| Current taxation | |
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| Investment property | |
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| Trade and other debtors | |
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| Trade and other creditors | |
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| Financial instruments | |
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| 2. | Average number of employees |
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| 2024 | ||
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| Average number of employees during the year |
| 3. | Tangible fixed assets |
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| 4. | Investment property |
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| The company holds one investment property, which is measured at fair value in accordance with FRS 102 Section 16. The property was acquired during the year ended 31 October 2024. The fair value at initial recognition and at 31 October 2024 was £10,350,000. The valuation was determined by the directors based on available market evidence, including prices of comparable properties in the same location, adjusted for differences in condition and other relevant factors. The company applies the fair value model. Accordingly, no depreciation is charged. Changes in fair value are recognised in profit or loss in the period in which they arise. The valuation is reviewed annually. |
| £ | ||
|---|---|---|
| Additions | ||
| At 31 October 24 |
| 5. | Creditors: amounts due within one year |
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2024 | ||
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| £ | ||
| Other creditors | ||
| Accrued liabilities and deferred income | ||
| Total |
| 6. | Creditors: amounts due after one year |
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2024 | ||
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| £ | ||
| Bank borrowings and overdrafts | ||
| Other creditors | ||
| Total |
| 7. | Share capital |
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| 8. | Related party transactions |
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