49 Colston Street Management Company Ltd 05523122 false 2022-08-01 2023-07-31 2023-07-31 The principal activity of the company is the management of the block of flats at 49 Colston Street, Bristol, BS1 Digita Accounts Production Advanced 6.30.9574.0 true true 05523122 2022-08-01 2023-07-31 05523122 2023-07-31 05523122 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 05523122 bus:SmallEntities 2022-08-01 2023-07-31 05523122 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 05523122 bus:FullAccounts 2022-08-01 2023-07-31 05523122 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 05523122 bus:RegisteredOffice 2022-08-01 2023-07-31 05523122 bus:CompanySecretaryDirector1 2022-08-01 2023-07-31 05523122 bus:Director2 2022-08-01 2023-07-31 05523122 bus:Director3 2022-08-01 2023-07-31 05523122 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 05523122 countries:England 2022-08-01 2023-07-31 05523122 2021-08-01 2022-07-31 05523122 2022-07-31 05523122 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-31 iso4217:GBP xbrli:pure

Registration number: 05523122

49 Colston Street Management Company Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2023

 

49 Colston Street Management Company Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

49 Colston Street Management Company Ltd

Company Information

Directors

J Hasell

P J B Ashley

R F L Gregory

Company secretary

J Hasell

Registered office

27 Daleswood Road,
Tavistock
Plymouth
Devon
PL19 8HE

Accountants

Henry and Banwell Limited
Chartered Accountants
26 Berkeley Square
Clifton
Bristol
BS8 1HP

 

49 Colston Street Management Company Ltd

(Registration number: 05523122)
Balance Sheet as at 31 July 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

1,251

4,165

Creditors: Amounts falling due within one year

4

(156)

(147)

Net assets

 

1,095

4,018

Capital and reserves

 

Called up share capital

3

3

Retained earnings

1,092

4,015

Shareholders' funds

 

1,095

4,018

For the financial year ending 31 July 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.

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 1 November 2023 and signed on its behalf by:
 

.........................................
J Hasell
Company secretary and director

 

49 Colston Street Management Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

1

General information

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

The address of its registered office is:
27 Daleswood Road,
Tavistock
Plymouth
Devon
PL19 8HE

These financial statements were authorised for issue by the Board on 1 November 2023.

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 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 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and bank balance that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

49 Colston Street Management Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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 0 (2022 - 0).

4

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

91

82

Other creditors

65

65

156

147