Registration number:
for the Year Ended
Registration number:
for the Year Ended
41 Langney Road RTM Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
41 Langney Road RTM Limited
Company Information
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Directors |
Mr Stephen James Donnelly Leonard Henry Reed Mr Graham Halfacree Carol Ann Reed |
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Registered office |
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Accountants |
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41 Langney Road RTM Limited
(Registration number: 10792643)
Balance Sheet as at 31 May 2023
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2022 |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net liabilities |
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Capital and Reserves |
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Profit and loss account |
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Total equity |
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For the financial year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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41 Langney Road RTM Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023
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General information |
The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £4 towards the assets of the company in the event of liquidation.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are presented in Sterling, which is the functional currency of the company.
Going concern
These accounts have been prepared on a going concern basis notwithstanding the company's net liability position at the balance sheet date. The director is confident that with her continued support, the company can remain in operational existence for the foreseeable future.
Revenue recognition
Turnover represents amounts receivable from lessees in respect of service charges for the property managed by the company.
Exceptional income represents the receipt of leaseholder funds from previous service charge periods which were not administered by the company.
41 Langney Road RTM Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade Creditors
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, analysed by category was as follows:
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Administration and support |
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Creditors |
Creditors: amounts falling due within one year
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Note |
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Due within one year |
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Other payables |
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Accrued expenses |
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