41, Portland Road, Freehold Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 01160618 (England and Wales)

Unaudited Financial Statements for the Year Ended 19 February 2023

for

41, Portland Road, Freehold Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Tomlinson

E Whelan

REGISTERED OFFICE:

41 Portland Road

London

W11 4LH

REGISTERED NUMBER:

01160618 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,000

1,000

CURRENT ASSETS

Debtors

5

1,500

-

Prepayments and accrued income

580

490

Cash at bank

410

14,866

2,490

15,356

CREDITORS

Amounts falling due within one year

6

2,040

360

NET CURRENT ASSETS

450

14,996

TOTAL ASSETS LESS CURRENT LIABILITIES

1,450

15,996

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

450

14,996

1,450

15,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 19 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 19 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 May 2023 and were signed on its behalf by:

E Whelan - Director

1.	STATUTORY INFORMATION

41, Portland Road, Freehold Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents service charges received and is attributable to the company`s sole activity in the United Kingdom.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 20 February 2022

and 19 February 2023

1,000

NET BOOK VALUE

At 19 February 2023

1,000

At 19 February 2022

1,000

Freehold property consists of the freehold reversionary interest in 41 Portland Road, London and is stated at cost. All repairs are written off as incurred. In the opinion of the directors, the market value of the freehold property as at the Balance sheet date was not materially difference from book value.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

1,500

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

1,500

-

Other creditors

540

360

2,040

360