Company Registration No. 09710409 (England and Wales)
North West Building Ltd
Unaudited accounts
for the year ended 31 December 2021
North West Building Ltd
Company Information
for the year ended 31 December 2021
Directors
Christos Dimitriadis
Denis Samuel Lavrut
Company Number
09710409 (England and Wales)
Registered Office
60 WELBECK STREET
LONDON
W1G 9XB
ENGLAND
North West Building Ltd
Statement of financial position
as at
31 December 2021
Called up share capital not paid
1
1
Investment property
1,780,000
1,680,000
Cash at bank and in hand
29,775
20,849
Creditors: amounts falling due within one year
(50,833)
(20,889)
Net current assets
25,725
19,352
Total assets less current liabilities
1,805,726
1,699,353
Creditors: amounts falling due after more than one year
(1,137,885)
(1,112,640)
Net assets
667,841
586,713
Called up share capital
1
1
Revaluation reserve
800,513
705,414
Profit and loss account
(132,673)
(118,702)
Shareholders' funds
667,841
586,713
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2022 and were signed on its behalf by
Christos Dimitriadis
Director
Company Registration No. 09710409
North West Building Ltd
Notes to the Accounts
for the year ended 31 December 2021
North West Building Ltd is a private company, limited by shares, registered in England and Wales, registration number 09710409. The registered office is 60 WELBECK STREET, LONDON, W1G 9XB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investment property
2021
Fair value at 1 January 2021
1,680,000
Net gain from fair value adjustments
95,099
At 31 December 2021
1,780,000
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
11,539
11,190
Accrued income and prepayments
10,166
8,202
6
Creditors: amounts falling due within one year
2021
2020
Amounts owed to group undertakings and other participating interests
7,088
7,088
Deferred income
4,658
4,658
North West Building Ltd
Notes to the Accounts
for the year ended 31 December 2021
7
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
694,811
694,861
Amounts owed to group undertakings and other participating interests
443,074
417,779
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).