"Duke of Wellington" (High Bridge) Limited

Registered number

00829173

Unaudited Filleted Accounts

31 December 2024

"Duke of Wellington" (High Bridge) Limited
Registered number:		00829173
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Investment property	3		180,000			180,000

Current assets
Debtors	4	5,375			-
Cash at bank and in hand		32,625			39,418
		38,000			39,418

Creditors: amounts falling due within one year	5	(5,554)			(5,975)

Net current assets			32,446			33,443

Total assets less current liabilities			212,446			213,443

Provisions for liabilities			(27,650)			(27,650)

Net assets			184,796			185,793

Capital and reserves
Called up share capital			300			300
Revaluation reserve	6		90,832			90,832
Profit and loss account			93,664			94,661

Shareholders' funds			184,796			185,793

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P Taylor
Director
Approved by the board on 22 July 2025

"Duke of Wellington" (High Bridge) Limited
Notes to the Accounts
for the year ended 31 December 2024

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents rentals receivable under rent agreements.

	Investment Property
	Investment properties are held for long term investments and are accounted for as follows:
	(i) Investment properties are initially recorded at cost which includes purchase costs and attributable expenditure.
	(ii) Thereafter, investment properties are revalued at each balance sheet date to their fair value, where this can be measured reliably.
	(iii) The surplus or deficit arising on revaluation in the financial year is recognised in the profit and loss account for that year. evaluation gains and losses area accumulated in the profit and loss reserve, unless the revaluation amount exceeds the original cost in which case, a transfer is made of the surplus to the non-distributable reserve in the balance sheet.
	(iv) Deferred taxation is provided on any gain at the rate expected to apply when the property is sold.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2	Employees	2024		2023
Number			Number

	Average number of persons employed by the company	0		0


3	Investment Property
£
	Cost
	At 1 January 2024			180,000
	Revaluation			-
	At 31 December 2024			180,000


4	Debtors	2024		2023
£			£

	Rent debtor	3,875		-
	Other debtors	1,500		-
		5,375		-


5	Creditors: amounts falling due within one year	2024		2023
£			£

	Taxation and social security costs	2,347		2,768
	Other creditors	3,207		3,207
		5,554		5,975


6	Revaluation reserve	2024		2023
£			£

	At 1 January 2024	90,832		117,382
	Deferred taxation arising on the revaluation of land and buildings	-		(26,550)

	At 31 December 2024	90,832		90,832


7	Other information

	"Duke of Wellington" (High Bridge) Limited is a private company limited by shares and incorporated in England. Its registered office is 19 Darby Crescent, Sunbury-On-Thames, Middlesex, TW16 5LB.