Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Nicholas Crofts
Samuel Wilson
Nigel Sedman
Nicholas Horne

The director shown below has held office during the whole of the period from
1 April 2022 to 31 March 2023

David Walker

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
24 July 2023

And signed on behalf of the board by:
Name: Nicholas Crofts
Status: Director

Profit And Loss Account

for the Period Ended 31 March 2023

	2023	2022
	£	£
Turnover:	285,000	1,290,000
Cost of sales:	( 272,000 )	( 1,285,000 )
Gross profit(or loss):	13,000	5,000
Administrative expenses:	( 21,000 )	( 21,000 )
Operating profit(or loss):	(8,000)	(16,000)
Interest receivable and similar income:	33,000	20,000
Interest payable and similar charges:	( 57,000 )	( 44,000 )
Profit(or loss) before tax:	(32,000)	(40,000)
Profit(or loss) for the financial year:	(32,000)	(40,000)

Balance sheet

As at 31 March 2023

	Notes	2023	2022
		£	£
Fixed assets
Investments:	3	1,023,000	767,000
Total fixed assets:		1,023,000	767,000
Current assets
Stocks:	4	0	272,000
Cash at bank and in hand:		15,000	4,000
Total current assets:		15,000	276,000
Creditors: amounts falling due within one year:	5	( 35,000 )	( 338,000 )
Net current assets (liabilities):		(20,000)	(62,000)
Total assets less current liabilities:		1,003,000	705,000
Creditors: amounts falling due after more than one year:	6	( 1,112,000 )	( 782,000 )
Total net assets (liabilities):		(109,000)	(77,000)
Capital and reserves
Called up share capital:		1	1
Other reserves:		(109,001)	(77,001 )
Total Shareholders' funds:		( 109,000 )	(77,000)

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2023

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents income receivable, excluding Value Added Tax, in respect of the sale of goods and services in the ordinary nature of the business. Revenue is recognised in line with when the sales completion of the properties occurs.

Notes to the Financial Statements

for the Period Ended 31 March 2023

• 2. Employees

  	2023	2022
  Average number of employees during the period	0	0