197 Stephendale Road Management Company Limited 04224003 false 2022-06-01 2023-05-31 2023-05-31 The principal activity of the company is that of residential property management. Digita Accounts Production Advanced 6.30.9574.0 true true 04224003 2022-06-01 2023-05-31 04224003 2023-05-31 04224003 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 04224003 core:LandBuildings 2023-05-31 04224003 bus:SmallEntities 2022-06-01 2023-05-31 04224003 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 04224003 bus:AbridgedAccounts 2022-06-01 2023-05-31 04224003 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 04224003 bus:RegisteredOffice 2022-06-01 2023-05-31 04224003 bus:CompanySecretaryDirector1 2022-06-01 2023-05-31 04224003 bus:Director2 2022-06-01 2023-05-31 04224003 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 04224003 core:Buildings 2022-06-01 2023-05-31 04224003 countries:England 2022-06-01 2023-05-31 04224003 2022-05-31 04224003 core:LandBuildings 2022-05-31 04224003 2021-06-01 2022-05-31 04224003 2022-05-31 04224003 core:CurrentFinancialInstruments core:WithinOneYear 2022-05-31 04224003 core:LandBuildings 2022-05-31 iso4217:GBP xbrli:pure

Registration number: 04224003

197 Stephendale Road Management Company Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 May 2023

 

197 Stephendale Road Management Company Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

197 Stephendale Road Management Company Limited

Company Information

Directors

Mr Tom Langdon Humphries

Ms H. L. Smith

Company secretary

Mr Tom Langdon Humphries

Registered office

197 STEPHENDALE ROAD
FULHAM
LONDON
SW6 2PR

Accountants

Charles Rippin & Turner
Chartered Accountants
Middlesex House
130 College Road
Harrow
Middlesex
HA1 1BQ

 

197 Stephendale Road Management Company Limited

(Registration number: 04224003)
Abridged Balance Sheet as at 31 May 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

1

1

Current assets

 

Cash at bank and in hand

 

2

2

Creditors: Amounts falling due within one year

(1)

(1)

Net current assets

 

1

1

Net assets

 

2

2

Capital and reserves

 

Called up share capital

2

2

Shareholders' funds

 

2

2

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:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) 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 Board on 5 February 2024 and signed on its behalf by:
 

.........................................
Mr Tom Langdon Humphries
Company secretary and director

 

197 Stephendale Road Management Company Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
197 STEPHENDALE ROAD
FULHAM
LONDON
SW6 2PR

These financial statements were authorised for issue by the Board on 5 February 2024.

2

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 abridged 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 abridged 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.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold property

Depreciated over its useful economic life

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.

Borrowings

 

197 Stephendale Road Management Company Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2022 - 1).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 June 2022

1

1

At 31 May 2023

1

1

Depreciation

Carrying amount

At 31 May 2023

1

1

At 31 May 2022

1

1

Included within the net book value of land and buildings above is £1 (2022 - £1) in respect of freehold land and buildings.