Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 August 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
| Fixed assets | ||||||||
| Investments | 3 | |||||||
| Current assets | ||||||||
| Debtors | ||||||||
| Cash at bank and on hand | ||||||||
| Creditors amounts falling due within one year | ( | ( | ||||||
| Net current assets (liabilities) | ||||||||
| Total assets less current liabilities | ||||||||
| Creditors amounts falling due after one year | ( | ( | ||||||
| Net assets | ( | ( | ||||||
| Capital and reserves | ||||||||
| Called up share capital | ||||||||
| Profit and loss account | ( | ( | ||||||
| Shareholders' funds | ( | ( | ||||||
| The financial statements were approved and authorised for issue by the Board of Directors on 29 August 2025, and are signed on its behalf by: |
Director Registered Company No. 11501368 |
| 1. | Accounting policies |
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| Statutory information | |
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| Basis of preparation | |
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| Turnover policy | |
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| Current taxation | |
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| Deferred tax | |
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| Investments | |
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| Financial instruments | |
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| 2. | Average number of employees |
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| 2024 | 2023 | |||
|---|---|---|---|---|
| Average number of employees during the year |
| 3. | Fixed asset investments |
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| The directors are of the opinion that the valuation of the properties as determined by themselves is an accurate representation of the fair value of the properties based on their current state, freehold, one with vacant possession and one with tenant. If the investment properties had not been revalued they would have been included at historical cost of £570,888 (2023: £570,888) less depreciation of £45,400 (2023: £36,900) giving a net book value of £525,488 (2023: £533,988). If the properties were sold at their fair value there would be no tax to pay as the gain can be offset in full against brought forward trading losses. |
Total | ||
|---|---|---|
| £ | ||
| Cost or valuation | ||
| At 01 September 23 | ||
| At 31 August 24 | ||
| Net book value | ||
| At 31 August 24 | ||
| At 31 August 23 |
| 4. | Creditors: amounts due after 5 years |
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| 5. | Secured creditors |
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| The following secured debts are included within creditors: 2024 2023 £ £ Bank Loan 202,400 140,040 The loan is secured by way of a mortgage deed against the property it relates to. |
| 6. | Related party transactions |
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| 7. | Further information regarding the company's financial position |
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