8 Fulwood Place Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14904027 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

8 FULWOOD PLACE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss W Costan

J Costan

Miss J I Costan

REGISTERED OFFICE:

154 New Cavendish Street

London

W1W 6YN

REGISTERED NUMBER:

14904027 (England and Wales)

ACCOUNTANTS:

SM Advisory Services Limited

182a Bury Street

Ruislip

Middlesex

HA4 7TJ

FIXED ASSETS

Tangible assets

4

225

-

Investment property

5

1,788,030

1,788,255

1,788,030

CURRENT ASSETS

Debtors

6

5,029

339,014

Cash at bank

255,135

33,445

260,164

372,459

CREDITORS

Amounts falling due within one year

7

55,732

52,139

NET CURRENT ASSETS

204,432

320,320

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,992,687

2,108,350

CREDITORS

Amounts falling due after more than one
year

8

2,012,580

2,112,580

NET LIABILITIES

(19,893

)

(4,230

)

CAPITAL AND RESERVES

Called up share capital

10

1

Retained earnings

11

(19,894

)

(4,231

)

SHAREHOLDERS' FUNDS

(19,893

)

(4,230

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 16 June 2025 and were signed on its behalf by:

J Costan - Director

1.	STATUTORY INFORMATION

8 Fulwood Place 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

Additions

300

At 31 December 2024

300

DEPRECIATION

Charge for year

75

At 31 December 2024

75

NET BOOK VALUE

At 31 December 2024

225

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,788,030

NET BOOK VALUE

At 31 December 2024

1,788,030

At 31 December 2023

1,788,030

In the opinion of the directors the investment property is valued at £1,788,030 (£1,788,030 - 2024)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Tax

196

339,014

Prepayments

4,833

-

5,029

339,014

All debtors within one year and have therefore not been discounted.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

31,734

36,588

Amounts owed to associates

9,745

-

Directors' current accounts

12,799

Accrued expenses

1,454

2,752

55,732

52,139

All creditors payable within one year and have therefore not been discounted.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Other loans (see note 9)

2,012,580

2,112,580

All creditors payable more one year and have therefore not been discounted.

9.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

Amounts falling due between two and five years:

Other loans - 2-5 years

2,012,580

2,112,580

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

1

Ordinary

£1

1

11.

RESERVES

Retained

earnings

£

At 1 January 2024

(4,231

)

Deficit for the year

(15,663

)

At 31 December 2024

(19,894

)