Registered number
03647869
28 Mildmay Grove South Management Ltd
Filleted Accounts
31 October 2023
28 Mildmay Grove South Management Ltd
Registered number: 03647869
Balance Sheet
as at 31 October 2023
Notes 2,023 2,022
£ £
Current assets
Cash at bank and in hand 1,995 1,874
Creditors: amounts falling due within one year 3 (548) (4,400)
Net current assets/(liabilities) 1,447 (2,526)
Net assets/(liabilities) 1,447 (2,526)
Capital and reserves
Called up share capital 4 4
Profit and loss account 1,443 (2,530)
Shareholders' funds 1,447 (2,526)
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.
G Bigoni
Director
Approved by the board on 5 April 2024
Notes to the Accounts
for the year ended 31 October 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 (as applied to small entities by section 1A of the standard).
Income
Income represents the amounts paid by residents towards the upkeep of the common areas of the property at 28 Mildmay Grove South, London.
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.
Taxation
The Company is exempt from taxation as it is a non-profit organisation for the benefit of its members.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2,023 2,022
£ £
Trade creditors 548 4,400
4 Other information
28 Mildmay Grove South Management Ltd is a private company limited by shares and incorporated in England. Its registered office is:
28 Mildmay Grove South
Islington
London
N1 4RL
28 Mildmay Grove South Management Ltd 03647869 false 2022-11-01 2023-10-31 2023-10-31 VT Final Accounts October 2023 release 2 G Bigoni No description of principal activity 03647869 2021-11-01 2022-10-31 03647869 core:WithinOneYear 2022-10-31 03647869 core:ShareCapital 2022-10-31 03647869 core:RetainedEarningsAccumulatedLosses 2022-10-31 03647869 2022-11-01 2023-10-31 03647869 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 03647869 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 03647869 bus:Director40 2022-11-01 2023-10-31 03647869 1 2022-11-01 2023-10-31 03647869 2 2022-11-01 2023-10-31 03647869 countries:England 2022-11-01 2023-10-31 03647869 bus:FRS102 2022-11-01 2023-10-31 03647869 bus:FullAccounts 2022-11-01 2023-10-31 03647869 2023-10-31 03647869 core:WithinOneYear 2023-10-31 03647869 core:ShareCapital 2023-10-31 03647869 core:RetainedEarningsAccumulatedLosses 2023-10-31 03647869 2022-10-31 iso4217:GBP xbrli:pure