Company Registration No. 12968170 (England and Wales)
8 The Downs Limited
Unaudited accounts
for the period from 1 November 2023 to 30 October 2024
8 The Downs Limited
Unaudited accounts
Contents
8 The Downs Limited
Company Information
for the period from 1 November 2023 to 30 October 2024
Director
Diane Margaret Lundberg-Brown
Company Number
12968170 (England and Wales)
Registered Office
8a The Downs
The Hub
Altrincham
WA14 2PU
England
8 The Downs Limited
Statement of financial position
as at 30 October 2024
Tangible assets
160,000
130,862
Cash at bank and in hand
515
914
Creditors: amounts falling due within one year
(229,574)
(223,041)
Net current liabilities
(109,874)
(124,942)
Total assets less current liabilities
50,126
5,920
Provisions for liabilities
Called up share capital
1,000
1,000
Revaluation reserve
29,138
-
Profit and loss account
14,452
4,920
Shareholders' funds
44,590
5,920
For the period ending 30 October 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 her 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 8 August 2025 and were signed on its behalf by
Diane Margaret Lundberg-Brown
Director
Company Registration No. 12968170
8 The Downs Limited
Notes to the Accounts
for the period from 1 November 2023 to 30 October 2024
8 The Downs Limited is a private company, limited by shares, registered in England and Wales, registration number 12968170. The registered office is 8a The Downs, The Hub, Altrincham, WA14 2PU, 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.
These financial statements for the period from 1 November 2023 to 30 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
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Tangible fixed assets
Land & buildings
Cost or valuation
At valuation
At 1 November 2023
130,862
At 30 October 2024
160,000
At 30 October 2024
160,000
At 31 October 2023
130,862
Amounts falling due within one year
Other debtors
119,185
97,185
8 The Downs Limited
Notes to the Accounts
for the period from 1 November 2023 to 30 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,181
8
Loans from directors
213,033
222,634
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Average number of employees
During the period the average number of employees was 0 (2023: 0).