Company registration number 5091383 (England and Wales)
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
COMPANY INFORMATION
Directors
Miss J M Carter
Dr J C Halfpenny
Mr M Hinton
(Appointed 1 March 2022)
Secretary
KTS Estate Management Limited
Company number
5091383
Registered office
2 Park Farm
Chichester Road
Arundel
West Sussex
BN18 0AG
Accountants
Jones Avens Limited
Piper House
4 Dukes Court
Bognor Road
Chichester
West Sussex
PO19 8FX
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
- 1 -
The directors present their annual report and financial statements for the year ended 31 December 2022. The company is dormant and has not traded during the year.
Principal activities
The principal activity of the company was to acquire and hold the freehold of flats in The Tannery, Chichester.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Miss J M Carter
Dr J C Halfpenny
Mr M Hinton
(Appointed 1 March 2022)
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Dr J C Halfpenny
Director
2 May 2023
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2022
31 December 2022
- 2 -
2022
2021
Notes
£
£
£
£
Fixed assets
Tangible assets
3
24,564
24,564
Current assets
Debtors
4
18
18
Net current assets
18
18
Net assets
24,582
24,582
Capital and reserves
Called up share capital
18
18
Other reserves
24,564
24,564
Total equity
24,582
24,582
For the financial year ended 31 December 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 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 2 May 2023 and are signed on its behalf by:
Dr J C Halfpenny
Director
Company Registration No. 5091383
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 3 -
1
Accounting policies
Company information
The Tannery Chichester (Freehold) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2 Park Farm, Chichester Road, Arundel, West Sussex, BN18 0AG.
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
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
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.
The freehold interest in the property is stated at cost. The directors assess annually the need to provide for any impairment in recoverable amount below cost.
Freehold land and buildings
0%
Freehold land is not depreciated.
1.4
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 4 -
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 January 2022 and 31 December 2022
24,564
Depreciation and impairment
At 1 January 2022 and 31 December 2022
Carrying amount
At 31 December 2022
24,564
At 31 December 2021
24,564
4
Debtors
2022
2021
Amounts falling due within one year:
£
£
Other debtors
18
18