| 127 Stoke Newington 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. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 April 2024 |
7,500 |
|
At 31 March 2025 |
7,500 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
7,500 |
|
At 31 March 2024 |
7,500 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
670 |
|
545 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 April 2024 |
7,500 |
|
7,500 |
|
|
At 31 March 2025 |
7,500 |
|
7,500 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Related party transactions |
|
|
There are no related party transactions during the year. |
|
| 7 |
Limited by Guarantee |
|
|
Every member of the company undertakes to contribuite a sum not exceeding £1 to the asset of the company if it is wound up during his, her or its membership or within one year afterwards. |
|
|
| 7 |
Controlling party |
|
|
In the opinion of the directors there is no ultimate controlling party. |
|
| 9 |
Leaseholders income and expenditure |
2025 |
|
2024 |
| £ |
£ |
|
Income |
|
Ground rent |
|
|
|
|
|
|
- |
|
Service charges |
|
|
|
|
13,619 |
|
13,619 |
|
Recharged expenses |
|
|
|
|
- |
|
- |
|
Bank interest receivable |
|
|
|
|
- |
|
- |
|
|
|
|
|
|
13,619 |
|
13,619 |
|
Expenditure |
|
|
|
|
|
|
|
|
Light and heat |
|
|
|
|
(325) |
|
(435) |
|
Cleaning |
|
|
|
|
(780) |
|
(780) |
|
Repairs |
|
|
|
|
(2,330) |
|
(7,935) |
|
Insurance |
|
|
|
|
(2,816) |
|
(1,170) |
|
Accountancy |
|
|
|
|
(814) |
|
(708) |
|
Bank charges |
|
|
|
|
(18) |
|
(20) |
|
Legal fees |
|
|
|
|
- |
|
- |
|
Sundry |
|
|
|
|
(330) |
|
(36) |
|
|
|
|
|
|
6,206 |
|
2,535 |
|
|
|
|
|
|
|
|
|
| 10 |
Leaseholders balance sheet |
2025 |
|
2024 |
| £ |
£ |
|
Assets: |
|
Cash at bank |
39,924 |
|
35,069 |
|
Prepayments |
2,034 |
|
1,799 |
|
Service charges debtors |
13,139 |
|
11,897 |
|
|
|
|
|
|
55,097 |
|
48,765 |
|
|
|
|
|
|
|
|
|
|
Less Liabilities: |
|
Trade creditors |
- |
|
- |
|
Accruals |
(1,344) |
|
(1,343) |
|
Prepaid service charges |
(10,214) |
|
(10,214) |
|
Other creditors |
(670) |
|
(545) |
|
|
|
|
|
|
(12,228) |
|
(12,102) |
|
|
|
|
|
|
|
|
|
|
Net Assets: |
42,869 |
|
36,663 |
|
|
|
|
|
|
|
|
|
|
|
Reserves: |
|
Surplus/(Deficit) for the year |
6,206 |
|
2,535 |
|
Reserves brought forward |
36,663 |
|
34,128 |
|
Total Reserve |
42,869 |
|
36,663 |
|
|
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
127 Stoke Newington Road Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
The Regent Suite , 1 Old Court Mews |
|
311a Chase Road |
|
London |
|
N14 6JS |