LRV Management Limited |
Notes to the Accounts |
for the year ended 30 November 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). |
|
|
Turnover |
|
The company's principal activity during the year was that of the management of the property 23 Leamington Road Villas. The company is non-profit making. The company costs are met by contributions from the residents with the objective of achieving neither a profit or loss. Income represents contributions made by members, tenants licence fees and ground rents. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
At 1 December 2022 |
1,975 |
|
At 30 November 2023 |
1,975 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 November 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2023 |
1,975 |
|
At 30 November 2022 |
1,975 |
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
2,180 |
|
2,031 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Other creditors |
1,678 |
|
2,351 |
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
|
|
LRV Management Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Central House |
|
124 High Street |
|
Hampton Hill |
|
Middlesex |
|
TW12 1NS |