Accounts filed on 31-03-2023


ACCOUNTS
FOR THE YEAR ENDED 31/03/2023





DIRECTORS
SH Goldstein
LA Phillips


REGISTERED OFFICE
Yarto House
Edgwarebury Lane
Edgware
Middlesex
HA8 8LW


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05558724



BANKERS
Natwest



ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL


ACCOUNTS
FOR THEYEARENDED31/03/2023



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		5


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2023

			2023		2022
	Notes		£		£

FIXED ASSETS
Tangible assets			1,250,000		1,250,000

CURRENT ASSETS
Debtors	3	9,345		15,529
Cash at bank and in hand		414,082		324,009
		423,427		339,538
CREDITORS: Amounts falling due within one year	4	105,027		56,259
NET CURRENT ASSETS			318,400		283,279
TOTAL ASSETS LESS CURRENT LIABILITIES			1,568,400		1,533,279


CREDITORS: Amounts falling due after more than one year	5		732,607		731,588


PROVISIONS FOR LIABILITIES AND CHARGES	7		24,000		24,000

NET ASSETS			811,793		777,691

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			811,693		777,591
SHAREHOLDERS' FUNDS			811,793		777,691


BALANCE SHEET AT 31/03/2023

For the year ending 31/03/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 16/05/2023 and signed on their behalf by



.............................
SH Goldstein
Director



.............................
LA Phillips
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




3. DEBTORS	2023	2022
	£	£
Amounts falling due within one year
Trade debtors	9,345	15,529
	9,345	15,529




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2023	2022
	£	£
UK corporation tax	8,000	13,604
VAT	1,170	1,727
Trade creditors	-	6,582
Other creditors	15,924	15,854
Accruals	79,933	18,492
	105,027	56,259




5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2023	2022
	£	£
Other creditors > 1yr	732,607	731,588
	732,607	731,588




8. SHARE CAPITAL	2023	2022
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




9. CONTROLLING PARTY
The company is controlled by L Phillips and S Goldstein by virtue of the fact that they each own 50% of the company's issued and called up voting share capital.

10. RELATED PARTY TRANSACTIONS

During the year, the directors advanced certain loans to the company. At the year end, the balance owed to the directors totalled £732,604 (2022: £731,585). The loans are interest free and repayable on demand.