Selsdon Building Company Limited - Period Ending 2023-08-31

Selsdon Building Company Limited

Profit and Loss Account for the Year Ended 31 August 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Selsdon Building Company Limited

(Registration number: 10933134)
Balance Sheet as at 31 August 2023

	Note	2023 £	2022 £
Current assets
Debtors	3	100	100
Capital and reserves
Called up share capital	4	100	100
Shareholders' funds		100	100

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have 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.

Approved and authorised by the Board on 15 May 2024 and signed on its behalf by:
 

......................................... GJ Gallen Director

Selsdon Building Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/o The McCay Partnership
24 Capital Business Centre, 22 Carlton Road
South Croydon
Surrey
CR2 0BS
England

The principal place of business is:
Twin Bridges Business Park
Unit 10
232 Selsdon Road
South Croydon
Surrey
CR2 6PL

These financial statements were authorised for issue by the Board on 15 May 2024.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Dormant company.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Selsdon Building Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

Current	2023 £	2022 £
Other debtors	100	100
	100	100

4	Share capital

Allotted, called up and fully paid shares

	2023		2022
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

5	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).