Company Registration No. 12397821 (England and Wales)
NEW ISLE GROVE DEVELOPMENTS LIMITED
Unaudited accounts
for the year ended 31 December 2024
NEW ISLE GROVE DEVELOPMENTS LIMITED
Statement of financial position
as at 31 December 2024
Investment property
11,725,000
10,910,000
Cash at bank and in hand
35,209
37,479
Creditors: amounts falling due within one year
(315,501)
(213,186)
Net current liabilities
(100,600)
(10,959)
Total assets less current liabilities
11,624,400
10,899,041
Creditors: amounts falling due after more than one year
(9,936,239)
(10,261,488)
Provisions for liabilities
Deferred tax
(296,764)
(111,457)
Other provisions
-
(77,911)
Net assets
1,391,397
448,185
Called up share capital
1
1
Profit and loss account
1,391,396
448,184
Shareholders' funds
1,391,397
448,185
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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 31 March 2025 and were signed on its behalf by
Christos DIMITRIADIS
Director
Company Registration No. 12397821
NEW ISLE GROVE DEVELOPMENTS LIMITED
Notes to the Accounts
for the year ended 31 December 2024
NEW ISLE GROVE DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12397821. The registered office is 60 WELBECK STREET, LONDON, W1G 9XB, 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.
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.
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.
4
Tangible fixed assets
Total
At 31 December 2024
140,747
At 31 December 2024
140,747
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).