18 Earls Court Square Limited
18 Earls Court Square Limited
Registered number: 04742502
Directors' Report and
Unaudited Financial Statements
For The Year Ended
24 December 2022
Nigel Ricks & Company Ltd
Chartered Accountants
42 Glebe Street
Loughborough
Leicestershire
LE11 1JR
18 Earls Court Square Limited
Directors' Report and Unaudited Financial Statements
For The Year Ended
24 December 2022
Directors' Report and Unaudited Financial Statements
Contents | |
Page | |
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Company Information | 1 |
Directors' Report | 2 |
Accountant's Report | 3 |
Profit and Loss Account | 4 |
Balance Sheet | 5 |
Notes to the Financial Statements | 6 |
18 Earls Court Square Limited
Company Information
For The Year Ended
24 December 2022
Company Information
Directors |
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Company Number |
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Registered Office | 18 Earls Court Square |
London | |
SW5 9DN | |
Accountants |
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Chartered Accountants | |
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Loughborough | |
Leicestershire | |
LE11 1JR | |
18 Earls Court Square Limited
Company No. 04742502
Directors' Report For The Year Ended
24 December 2022
Directors' Report
The directors present their report and the financial statements for the year ended
24 December 2022
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Directors
The directors who held office during the year were as follows:
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Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Director
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18 Earls Court Square Limited
Accountant's Report
For The Year Ended
24 December 2022
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of
18 Earls Court Square Limited
For The Year Ended 24 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of
18 Earls Court Square Limited
For The Year Ended 24 December 2022 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of
18 Earls Court Square Limited
, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of
18 Earls Court Square Limited
and state those matters that we have agreed to state to the directors of
18 Earls Court Square Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
18 Earls Court Square Limited
and its directors, as a body, for our work or for this report.
It is your duty to ensure that
18 Earls Court Square Limited
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 or loss of
18 Earls Court Square Limited
. You consider that
18 Earls Court Square Limited
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of
18 Earls Court Square Limited
. 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 financial statements.
Signed |
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Chartered Accountants
42 Glebe Street
Loughborough
Leicestershire
LE11 1JR
18 Earls Court Square Limited
Profit and Loss Account
For The Year Ended
24 December 2022
Profit and Loss Account
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Notes | £ | £ | ||
TURNOVER |
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GROSS PROFIT |
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Administrative expenses |
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OPERATING LOSS |
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Other interest receivable and similar income |
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LOSS FOR THE FINANCIAL YEAR |
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The notes on page 6 form part of these financial statements.
18 Earls Court Square Limited
Balance Sheet
As at
24 December 2022
Balance Sheet
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Debtors | 4 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 5 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 6 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 7,243 | 9,043 | |||
On behalf of the board
Director
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The notes on page 6 form part of these financial statements.
18 Earls Court Square Limited
Notes to the Financial Statements
For The Year Ended
24 December 2022
Notes to the Financial Statements
1.
General Information
18 Earls Court Square Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
04742502
. The registered office is 18 Earls Court Square, London, SW5 9DN.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
2.2.
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
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Office and administration |
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4.
Debtors
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Prepayments and accrued income |
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Creditors: Amounts Falling Due Within One Year
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Accruals and deferred income |
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