2 Adelaide Crescent Limited - Accounts to registrar (filleted) - small 23.2.5

2 Adelaide Crescent Limited - Accounts to registrar (filleted) - small 23.2.5


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REGISTERED NUMBER: 03169234 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 25 MARCH 2024

FOR

2 ADELAIDE CRESCENT LIMITED

2 ADELAIDE CRESCENT LIMITED (REGISTERED NUMBER: 03169234)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 MARCH 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


2 ADELAIDE CRESCENT LIMITED (REGISTERED NUMBER: 03169234)

BALANCE SHEET
25 MARCH 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 208 684

CREDITORS
Amounts falling due within one year 5 1,694 2,114
NET CURRENT LIABILITIES (1,486 ) (1,430 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,486

)

(1,430

)

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings (1,494 ) (1,438 )
SHAREHOLDERS' FUNDS (1,486 ) (1,430 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 March 2024 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 2 June 2024 and were signed on its behalf by:





A J Mollett - Director


2 ADELAIDE CRESCENT LIMITED (REGISTERED NUMBER: 03169234)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 MARCH 2024

1. STATUTORY INFORMATION

2 Adelaide Crescent Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03169234

Registered office: 28-29 Carlton Terrace
Portslade
Brighton
East Sussex
BN41 1UR

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 the income receivable from the lessees in respect of Ground Rent for the property.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amount held by managing agent 208 684

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts due to leaseholders 1,088 1,088
Ground Rent in advance 113 88
Other creditor - 445
Accrued expenses 493 493
1,694 2,114

6. RELATED PARTY DISCLOSURES

The Ground Rent are received from the leaseholders who are also shareholders of the Company.

7. ULTIMATE CONTROLLING PARTY

During the year the Company was under the control of the directors who are the shareholders.