ALTIS MANAGEMENT SERVICES LIMITED

Company Registration Number:
06574460 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

ALTIS MANAGEMENT SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ALTIS MANAGEMENT SERVICES LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

providing management services



Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

Deborah Rogers


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
6 February 2024

And signed on behalf of the board by:
Name: Deborah Rogers
Status: Director

ALTIS MANAGEMENT SERVICES LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 154,084 171,485
Cost of sales: ( 70,220 ) ( 84,660 )
Gross profit(or loss): 83,864 86,825
Administrative expenses: ( 45,261 ) ( 43,923 )
Operating profit(or loss): 38,603 42,902
Profit(or loss) before tax: 38,603 42,902
Tax: ( 7,335 ) ( 8,150 )
Profit(or loss) for the financial year: 31,268 34,752

ALTIS MANAGEMENT SERVICES LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 128 128
Cash at bank and in hand: 63,252 78,242
Total current assets: 63,380 78,370
Creditors: amounts falling due within one year: 4 ( 47,973 ) ( 64,231 )
Net current assets (liabilities): 15,407 14,139
Total assets less current liabilities: 15,407 14,139
Total net assets (liabilities): 15,407 14,139
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 15,406 14,138
Total Shareholders' funds: 15,407 14,139

The notes form part of these financial statements

ALTIS MANAGEMENT SERVICES LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 6 February 2024
and signed on behalf of the board by:

Name: Deborah Rogers
Status: Director

The notes form part of these financial statements

ALTIS MANAGEMENT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Other accounting policies

    CreditorsShort 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.TaxationA current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

ALTIS MANAGEMENT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

ALTIS MANAGEMENT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023 2022
£ £
Other debtors 128 128
Total 128 128

ALTIS MANAGEMENT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 34,700 49,759
Taxation and social security 13,272 14,471
Other creditors 1 1
Total 47,973 64,231