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REGISTERED NUMBER: 07046770 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

FESTIVAL HOUSE MANAGEMENT (RTM) COMPANY
LTD

FESTIVAL HOUSE MANAGEMENT (RTM) COMPANY
LTD (REGISTERED NUMBER: 07046770)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 4

FESTIVAL HOUSE MANAGEMENT (RTM) COMPANY
LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: B J Snape





SECRETARY: A R Chisholm





REGISTERED OFFICE: The Hyde
Hyde Lane
Prestbury
Cheltenham
Gloucestershire
GL50 4SL





REGISTERED NUMBER: 07046770 (England and Wales)





ACCOUNTANTS: Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX

FESTIVAL HOUSE MANAGEMENT (RTM) COMPANY
LTD (REGISTERED NUMBER: 07046770)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
£    £   
CURRENT ASSETS
Debtors 1,740 1,476
Cash at bank 7,164 2,983
8,904 4,459
CREDITORS
Amounts falling due within one year (718 ) (746 )
NET CURRENT ASSETS 8,186 3,713
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,186

3,713

RESERVES
Reserve fund 6,044 2,903
Income and expenditure account 2,142 810
8,186 3,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 26 March 2024 and were signed by:





B J Snape - Director


FESTIVAL HOUSE MANAGEMENT (RTM) COMPANY
LTD (REGISTERED NUMBER: 07046770)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Festival House Management (RTM) Company Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income
Income represents the amounts collected from lessees as contributions to cover the costs of managing the apartment block.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. SHARE CAPITAL

The company is limited by guarantee and has no share capital.

Under the terms of the Memorandum and Articles of Association the liability of each member is limited to £1 in the event of the winding up of the company.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FESTIVAL HOUSE MANAGEMENT (RTM) COMPANY
LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Festival House Management (RTM) Company Ltd for the year ended 31 December 2023 which comprise the Income Statement, Abridged Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Festival House Management (RTM) Company Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Festival House Management (RTM) Company Ltd and state those matters that we have agreed to state to the director of Festival House Management (RTM) Company Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Festival House Management (RTM) Company Ltd and its director for our work or for this report.

It is your duty to ensure that Festival House Management (RTM) Company Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Festival House Management (RTM) Company Ltd. You consider that Festival House Management (RTM) Company Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Festival House Management (RTM) Company Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX


26 March 2024