Company No:
Contents
| Directors | R Evans (Appointed 20 November 2023) |
| S A J Evans (Appointed 20 November 2023) |
| Secretary | R Evans |
| Registered office | 27a Cliffsend Grove |
| Cliffsend | |
| Ramsgate | |
| CT12 5JT | |
| United Kingdom |
| Company number | 15294489 (England and Wales) |
| Chartered accountants | Kreston Reeves LLP |
| 37 St Margaret's Street | |
| Canterbury | |
| CT1 2TU | |
| United Kingdom |
| Note | 30.11.2024 | |
| £ | ||
| Fixed assets | ||
| Investment property | 3 |
|
| 192,145 | ||
| Current assets | ||
| Cash at bank and in hand | 4 |
|
| 270 | ||
| Creditors: amounts falling due within one year | 5 | (
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| Net current liabilities | (191,638) | |
| Total assets less current liabilities | 507 | |
| Creditors: amounts falling due after more than one year | 6 | (
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| Net assets |
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| Capital and reserves | ||
| Called-up share capital | 7 |
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| Profit and loss account | (
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| Total shareholders' funds |
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Directors' responsibilities:
The financial statements of Property 81 Ltd (registered number:
|
S A J Evans
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
Property 81 Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 27a Cliffsend Grove, Cliffsend, Ramsgate, CT12 5JT, United Kingdom.
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 items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.
| Period from 20.11.2023 to 30.11.2024 |
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| Number | |
| Monthly average number of persons employed by the Company during the period, including directors |
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| Investment property | |
| £ | |
| Valuation | |
| As at 20 November 2023 |
|
| Additions | 192,145 |
| As at 30 November 2024 |
|
| 30.11.2024 | |
| £ | |
| Cash at bank and in hand |
|
| 30.11.2024 | |
| £ | |
| Other creditors |
|
| 30.11.2024 | |
| £ | |
| Deposits |
|
| 30.11.2024 | |
| £ | |
| Allotted, called-up and fully-paid | |
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