Company registration number 01800226 (England and Wales)
CARLYLE MANSIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
CARLYLE MANSIONS LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
CARLYLE MANSIONS LIMITED
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1
1
Investments
4
1
1
2
2
Current assets
Debtors
5
13,397
34,630
Cash at bank and in hand
128,231
161,809
141,628
196,439
Creditors: amounts falling due within one year
6
(151,901)
(207,327)
Net current liabilities
(10,273)
(10,888)
Net liabilities
(10,271)
(10,886)
Capital and reserves
Called up share capital
25
25
Profit and loss reserves
(10,296)
(10,911)
Total equity
(10,271)
(10,886)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 30 October 2023 and are signed on its behalf by:
Mr MA Thompson
Director
Company registration number 01800226 (England and Wales)
CARLYLE MANSIONS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 April 2021
25
162,428
162,453
Year ended 31 March 2022:
Loss and total comprehensive income
-
(53,339)
(53,339)
Dividends
-
(120,000)
(120,000)
Balance at 31 March 2022
25
(10,911)
(10,886)
Year ended 31 March 2023:
Profit and total comprehensive income
-
615
615
Balance at 31 March 2023
25
(10,296)
(10,271)
CARLYLE MANSIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
1
Accounting policies
Company information
Carlyle Mansions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, 114a Cromwell Road, London, SW7 4AG.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents ground rents receivable.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
1.4
Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5
Financial instruments
The company only has financial assets and financial liabilities of a kind that quality as basic financial instruments. Basic financial instruments are initially recognised at cost and are subsequently measured at their settlement value.
Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.
1.6
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
CARLYLE MANSIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 4 -
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2022 and 31 March 2023
1
Depreciation and impairment
At 1 April 2022 and 31 March 2023
Carrying amount
At 31 March 2023
1
At 31 March 2022
1
Freehold land and buildings at Carlyle Mansions, Cheyne Walk, London were purchased by contributions from lessees, who then became members. There are currently 24 members.
4
Fixed asset investments
2023
2022
£
£
Other investments other than loans
1
1
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Corporation tax recoverable
12,971
34,630
Other debtors
150
Prepayments and accrued income
276
13,397
34,630
6
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
6,090
4,929
Amounts due to service charge
2,196
1,411
Dividends payable
14,487
Ground rents received in advance
500
500
Accruals and deferred income
143,115
186,000
151,901
207,327