8B Accommodation Road Limited - Filleted accounts

Registered number

03557726

8B Accommodation Road Limited

Filleted Accounts

31 March 2025

8B Accommodation Road Limited
Registered number:		03557726
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		600,001			532,501

Current assets
Debtors	4	-			550
Cash at bank and in hand		27,082			18,591
		27,082			19,141

Creditors: amounts falling due within one year	5	(6,148)			(5,596)

Net current assets			20,934			13,545

Total assets less current liabilities			620,935			546,046


Provisions for liabilities			(79,200)			(91,700)


Net assets			£541,735			£454,346

Capital and reserves
Called up share capital			100			100
Revaluation reserve	6		470,784			390,784
Profit and loss account			70,851			63,462

Shareholders' funds			£541,735			£454,346

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.


M Fadavi
Director
Approved by the board on 20 October 2025

8B Accommodation Road Limited
Notes to the Accounts
for the year ended 31 March 2025

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years ( building element)
	Plant and machinery	over 4 years

	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			2025		2024
Number					Number

	Average number of persons employed by the company			-		-


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	650,000		15,215		665,215
	Surplus on revaluation	(50,000)		-		(50,000)
	At 31 March 2025	600,000		15,215		615,215

	Depreciation
	At 1 April 2024	117,500		15,214		132,714
	Surplus on revaluation	(117,500)		-		(117,500)
	At 31 March 2025	-		15,214		15,214

	Net book value
	At 31 March 2025	600,000		1		600,001
	At 31 March 2024	532,500		1		532,501


	Freehold land and buildings:			2025		2024
£					£
	Historical cost			167,516		167,516
	Cumulative depreciation based on historical cost			67,500		65,000
				100,016		102,516
	Freehold Land& Buildings are revalued by the directors at £600,000, after receiving professional advice.
	In the opinion of directors, the attributable value to the building is £300,000.

4	Debtors			2025		2024
£					£
	Trade debtors			-		550



5	Creditors: amounts falling due within one year			2025		2024
£					£

	Corporation tax			1,730		1,292
	Other taxes and social security costs			564		734
	Other creditors			3,854		3,570
				6,148		5,596


6	Revaluation reserve			2025		2024
£					£

	At 1 April 2024			390,784		390,784
	Loss on revaluation of land and buildings			(50,000)		-
	Adjusting Depreciation on revaluation			117,500		-
	Deferred taxation arising on revaluation			12,500		-

	At 31 March 2025			470,784		390,784


7	Related party transactions

	The directors' companies are tenants of the freehold property and pay rent at market value to the company. In addition they pay service charges to the company for the respective share of overheads.


8	Controlling party

	The company is controlled by the directors and their spouses, by the virtue of their 100% shareholding in the company.

9	Other information

	8B Accommodation Road Limited is a private company limited by shares and incorporated in England. Its registered office is:
	8B Accommodation Road
	London
	NW11 8ED