Company registration number 03378095 (England and Wales)
COLEHERNE COURT SHOPS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR
COLEHERNE COURT SHOPS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
COLEHERNE COURT SHOPS LIMITED
BALANCE SHEET
AS AT 25 DECEMBER 2022
25 December 2022
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
Debtors
3
582
579
Cash at bank and in hand
1,075
1,552
1,657
2,131
Creditors: amounts falling due within one year
4
(1,655)
(2,129)
Net current assets
2
2
Capital and reserves
-
-
Called up share capital
2
2
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 25 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his 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 and signed by the director and authorised for issue on 4 June 2023
Sir M Potter
Director
Company Registration No. 03378095
COLEHERNE COURT SHOPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 DECEMBER 2022
- 2 -
1
Accounting policies
Company information
Coleherne Court Shops Limited is a private company limited by shares incorporated in England and Wales. The registered office is Block K Coleherne Court, The Estate Office, The Little Boltons, London, SW5 0DL.
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, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.
Turnover is recognised in the same period within which the services are provided.
1.4
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is
any contract that evidences a residual interest in the assets of the company after deducting all of its
liabilities.
2
Employees
The average monthly number of persons employed by the company during the year was:
2022
2021
Number
Number
Total
3
Debtors
2022
2021
Amounts falling due within one year:
£
£
Other debtors
582
579
COLEHERNE COURT SHOPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 25 DECEMBER 2022
- 3 -
4
Creditors: amounts falling due within one year
2022
2021
£
£
Amounts owed to group undertakings
1,415
1,889
Other creditors
240
240
1,655
2,129