Future High Street Living (Barracks) Limited |
Registered number: 14124514 |
Balance Sheet |
as at 30 September 2023 |
|
Notes |
|
|
2023 |
|
£ |
|
Fixed assets |
Tangible assets |
3 |
|
|
251,740 |
|
Current assets |
Debtors |
4 |
|
100 |
|
Creditors: amounts falling due within one year |
5 |
|
(251,740) |
|
Net current liabilities |
|
|
|
(251,640) |
|
|
Net assets |
|
|
|
100 |
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
Shareholders' funds |
|
|
|
100 |
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Samuel Ginda |
Director |
Approved by the board on 20 February 2024 |
|
Future High Street Living (Barracks) Limited |
Notes to the Accounts |
for the period from 23 May 2022 to 30 September 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Land and Building |
NIL% |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
2 |
Employees |
2023 |
Number |
|
|
Average number of persons employed by the company |
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
Additions |
251,740 |
|
At 30 September 2023 |
251,740 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 September 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2023 |
251,740 |
|
|
|
|
|
|
|
|
|
|
|
|
4 |
Debtors |
2023 |
£ |
|
|
Other debtors |
100 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
£ |
|
|
Other creditors |
251,740 |
|
|
|
|
|
|
|
|
|