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REGISTERED NUMBER: 01971861 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2022

FOR

SST MANAGEMENT LIMITED

SST MANAGEMENT LIMITED (REGISTERED NUMBER: 01971861)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SST MANAGEMENT LIMITED

COMPANY INFORMATION
for the Year Ended 31st October 2022







DIRECTORS: Dr S Strickland
Ms M Griffiths Versteeg
Miss J Goodricke
A D E Ford
G M Klaukka
S M Cowan
I D Parker
Dr E M R Ottina


REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX


REGISTERED NUMBER: 01971861 (England and Wales)


SOLICITORS: BDB Pitmans LLP
One Bartholomew Close
London
EC1A 7BL

SST MANAGEMENT LIMITED (REGISTERED NUMBER: 01971861)

BALANCE SHEET
31st October 2022

31/10/22 31/10/21
Notes £    £   
CURRENT ASSETS
Debtors 4 139,185 106,176
Cash at bank and in hand 795,282 907,468
934,467 1,013,644
CREDITORS
Amounts falling due within one year 5 804,840 884,017
NET CURRENT ASSETS 129,627 129,627
TOTAL ASSETS LESS CURRENT
LIABILITIES

129,627

129,627

CAPITAL AND RESERVES
Called up share capital 6 1,720 1,720
Retained earnings 7 127,907 127,907
SHAREHOLDERS' FUNDS 129,627 129,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th October 2023 and were signed on its behalf by:




S M Cowan - Director



Miss J Goodricke - Director


SST MANAGEMENT LIMITED (REGISTERED NUMBER: 01971861)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2022

1. STATUTORY INFORMATION

SST Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents contributions receivable in respect of maintenance from leaseholders and freeholders.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/22 31/10/21
£    £   
Other debtors 67,584 33,665
Prepayments 71,601 72,511
139,185 106,176

SST MANAGEMENT LIMITED (REGISTERED NUMBER: 01971861)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/22 31/10/21
£    £   
Trade creditors 39,422 89,020
Tax 249 -
Refundable deposits 13,140 12,900
Advance receipts and service
charge 31,120 18,588
Loan from parent company 29,859 32,878
Other creditors - 6,269
Accruals and deferred income 97,572 15,410
Cumulative Maintenance Fund surplus 593,478 671,176
Sinking Fund - 37,776
804,840 884,017

The loan from parent company of £29,859 (2021: £32,878) is from Sinclair Sandwich Thanet Limited. The policy of both companies has been to keep the intercompany loan free of interest.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/22 31/10/21
value: £    £   
172 Ordinary £10 1,720 1,720

7. RESERVES
Retained
earnings
£   

At 1st November 2021 127,907
Deficit for the year (77,697 )
Transfer from Maintenance Fund 77,697
At 31st October 2022 127,907