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POWELL ROAD FREEHOLD LTD
Registered number: 15041344
Balance sheet
As at 31 August 2025
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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For the year ended 31 August 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 April 2026.
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POWELL ROAD FREEHOLD LTD
Notes to the financial statements
For the Year Ended 31 August 2025
Powell Road Freehold Ltd is a private company limited by shares and registered in England and Wales.
The registered address is 61 Jessam Avenue, London, E5 9DU.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
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Freehold investment property
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The 2025 valuations were made by the director, on an open market value for existing use basis.
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If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
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POWELL ROAD FREEHOLD LTD
Notes to the financial statements
For the Year Ended 31 August 2025
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Creditors: Amounts falling due within one year
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Accruals and deferred income
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