Registration number:
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38-40 Gertrude Street Limited
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38-40 Gertrude Street Limited
Contents
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Company Information |
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
38-40 Gertrude Street Limited
Company Information
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Directors |
J A Hoyle S Bartlett |
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Registered office |
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Accountants |
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38-40 Gertrude Street Limited
Statement of Financial Position as at 30 June 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
8 |
8 |
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Retained earnings |
69,607 |
69,607 |
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Shareholders' funds |
69,615 |
69,615 |
For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
38-40 Gertrude Street Limited
Statement of Financial Position as at 30 June 2025
Approved and authorised by the
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J A Hoyle
Director
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S Bartlett
Director
Company registration number: 03790750
38-40 Gertrude Street Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal activity of the company is that of property management.
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Accounting policies |
Statement of compliance
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' Section 1A and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.
Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Going concern
The company had net assets at 30 June 2025 amounting to £69,615 including cash of bank of £154,721.
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the the foreseeable future, accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Service charges
As service charge contributions are held on trust for the benefit of the leaseholders and expenditure is incurred on their behalf, these are not reflected in the company's statement of income.
Tax
The tax expense for the prior period comprises of current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
38-40 Gertrude Street Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Freehold land is not depreciated.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Staff numbers |
The average number of persons employed by the company during the year, was
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Tangible assets |
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Freehold land |
Total |
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Cost or valuation |
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At 1 July 2024 |
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At 30 June 2025 |
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Carrying amount |
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At 30 June 2025 |
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At 30 June 2024 |
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Debtors |
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2025 |
2024 |
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Other debtors |
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38-40 Gertrude Street Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
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Creditors |
Creditors: amounts falling due within one year
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2025 |
2024 |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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