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Company Registration No. 14545265 (England and Wales)
Wick Hall (Hove) Freehold Limited Unaudited accounts for the year ended 31 December 2024
Wick Hall (Hove) Freehold Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Wick Hall (Hove) Freehold Limited Company Information for the year ended 31 December 2024
Directors
Lynne Ward Riccardo Meldolesi Helen Murray Brian Salzman Christian Richards Adrian Money Elizabeth McOwat Carl Jackson
Company Number
14545265 (England and Wales)
Registered Office
14 Wick Hall Furze Hill Hove BN3 1NF United Kingdom
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Wick Hall (Hove) Freehold Limited Statement of financial position as at 31 December 2024
2024
Notes
£
Fixed assets
Tangible assets
4
1,072,926
Current assets
Debtors
5
121,443
Cash at bank and in hand
170,089
291,532
Creditors: amounts falling due within one year
6
(10,639)
Net current assets
280,893
Total assets less current liabilities
1,353,819
Creditors: amounts falling due after more than one year
7
(1,350,000)
Net assets
3,819
Capital and reserves
Called up share capital
8
133
Profit and loss account
3,686
Shareholders' funds
3,819
For the year ending 31 December 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 12 August 2025 and were signed on its behalf by
Riccardo Meldolesi Director Company Registration No. 14545265
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Wick Hall (Hove) Freehold Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Wick Hall (Hove) Freehold Limited is a private company, limited by shares, registered in England and Wales, registration number 14545265. The registered office is 14 Wick Hall, Furze Hill, Hove, BN3 1NF, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
0
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 January 2024
-
Additions
1,072,926
At 31 December 2024
1,072,926
Depreciation
At 31 December 2024
-
Net book value
At 31 December 2024
1,072,926
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Wick Hall (Hove) Freehold Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024
£
Amounts falling due within one year
Accrued income and prepayments
638
Other debtors
120,805
121,443
6
Creditors: amounts falling due within one year
2024
£
Trade creditors
81
Taxes and social security
865
Other creditors
7,019
Accruals
720
Deferred income
1,954
10,639
7
Creditors: amounts falling due after more than one year
2024
£
Other creditors
1,270,000
Loans from directors
80,000
1,350,000
Creditors falling due after more than one year represent interest free loans from shareholders, provided to purchase the freehold building.
8
Share capital
2024
£
Allotted, called up and fully paid:
133 Ordinary shares of £1 each
133
Shares issued during the period:
129 Ordinary shares of £1 each
129
9
Average number of employees
During the year the average number of employees was 1.
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