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Company Registration No. 14274854 (England and Wales)
William Smith Close (Block A) Freehold Ltd Unaudited accounts for the year ended 31 August 2025
William Smith Close (Block A) Freehold Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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William Smith Close (Block A) Freehold Ltd Company Information for the year ended 31 August 2025
Directors
Patrick Tanguy Michaela Barker James Elliot Michael Dunne Charlotte Brown
Secretary
Philip Evans
Company Number
14274854 (England and Wales)
Registered Office
17 Wick Hall Furze Hill Hove East Sussex BN3 1NF England
Accountants
Morgan Barrett Ltd 17 Wick Hall Furze Hill Hove East Sussex BN3 1NF
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of William Smith Close (Block A) Freehold Ltd for the year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of William Smith Close (Block A) Freehold Ltd for the year ended 31 August 2025 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of William Smith Close (Block A) Freehold Ltd, as a body, in accordance with the terms of our engagement letter dated 8 July 2022. Our work has been undertaken solely to prepare for your approval the accounts of William Smith Close (Block A) Freehold Ltd and state those matters that we have agreed to state to the Board of Directors of William Smith Close (Block A) Freehold Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than William Smith Close (Block A) Freehold Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that William Smith Close (Block A) Freehold Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of William Smith Close (Block A) Freehold Ltd. You consider that William Smith Close (Block A) Freehold Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of William Smith Close (Block A) Freehold Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Morgan Barrett Ltd Chartered Certified Accountants 17 Wick Hall Furze Hill Hove East Sussex BN3 1NF 15 May 2026
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William Smith Close (Block A) Freehold Ltd Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
172,666 
172,666 
Current assets
Cash at bank and in hand
8,693 
668 
Creditors: amounts falling due within one year
5
(3,037)
(1,500)
Net current assets/(liabilities)
5,656 
(832)
Total assets less current liabilities
178,322 
171,834 
Creditors: amounts falling due after more than one year
6
(178,298)
(172,644)
Net assets/(liabilities)
24 
(810)
Capital and reserves
Called up share capital
7
24 
22 
Profit and loss account
- 
(832)
Shareholders' funds
24 
(810)
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by
Patrick Tanguy Director Company Registration No. 14274854
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William Smith Close (Block A) Freehold Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
William Smith Close (Block A) Freehold Ltd is a private company, limited by shares, registered in England and Wales, registration number 14274854. The registered office is 17 Wick Hall, Furze Hill, Hove, East Sussex, BN3 1NF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Land and Buildings
This reflects the landlords' costs and expenses of purchasing the Lease of Block A, William Smith Close.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 September 2024
172,666 
At 31 August 2025
172,666 
Depreciation
At 31 August 2025
- 
Net book value
At 31 August 2025
172,666 
At 31 August 2024
172,666 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
2,737 
1,200 
Accruals
300 
300 
3,037 
1,500 
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William Smith Close (Block A) Freehold Ltd Notes to the Accounts for the year ended 31 August 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
178,298 
172,644 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
48 Ordinary shares of £0.50 each
24 
22 
Shares issued during the period:
4 Ordinary shares of £0.50 each
2 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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