REGISTERED NUMBER: 01957275 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

COURT SIXTEEN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K M Drake

Ms S U Wright

Mrs A H Williams

SECRETARY:

A G Offord

REGISTERED OFFICE:

Cornelius House

178-180 Church Road

Hove

East Sussex

BN3 2DJ

REGISTERED NUMBER:

01957275 (England and Wales)

ACCOUNTANTS:

Parkers

Cornelius House

178-180 Church Road

Hove

East Sussex

BN3 2DJ

FIXED ASSETS

Tangible assets

4

24,000

24,000

CURRENT ASSETS

Debtors

5

4,847

4,612

Cash at bank

-

1,290

4,847

5,902

CREDITORS

Amounts falling due within one year

6

28,186

27,592

NET CURRENT LIABILITIES

(23,339

)

(21,690

)

TOTAL ASSETS LESS CURRENT LIABILITIES

661

2,310

CAPITAL AND RESERVES

Called up share capital

28

28

Share premium

7,600

7,600

Retained earnings

(6,967

)

(5,318

)

SHAREHOLDERS' FUNDS

661

2,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd September 2025 and were signed on its behalf by:

Ms S U Wright - Director

1.	STATUTORY INFORMATION

Court Sixteen Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

No significant judgements have had to be made by the directors in preparing these financial statements.

Turnover

Turnover represents ground rent and caretakers flat rent received during the year.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1st April 2024

and 31st March 2025

24,000

NET BOOK VALUE

At 31st March 2025

24,000

At 31st March 2024

24,000

The company owns the freehold of Victoria Court, Grand Avenue, Hove, East Sussex which is stated in the Balance Sheet at cost. The company has not complied with Statement of Standard Accounting Practice No. 19 which required investment properties to be stated at open market value.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,847

4,612

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

576

-

Other creditors

27,610

27,592

28,186

27,592

7.	MAINTENANCE ACCOUNT

No account has been taken within these accounts of maintenance contributions receivable by the company from lessees of the flats in Victoria Court as after discharging of maintenance expenditure any surplus or deficit is either due to or receivable from the lessees and therefore no profit or loss accrues to the company.