Station Road Management Limited 1890941 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is the management of the common parts of Old Forge Court. Digita Accounts Production Advanced 6.30.9574.0 true true 1890941 2023-04-01 2024-03-31 1890941 2024-03-31 1890941 bus:OrdinaryShareClass1 2024-03-31 1890941 core:RetainedEarningsAccumulatedLosses 2024-03-31 1890941 core:ShareCapital 2024-03-31 1890941 core:CurrentFinancialInstruments 2024-03-31 1890941 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 1890941 core:LandBuildings 2024-03-31 1890941 bus:SmallEntities 2023-04-01 2024-03-31 1890941 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 1890941 bus:FilletedAccounts 2023-04-01 2024-03-31 1890941 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 1890941 bus:RegisteredOffice 2023-04-01 2024-03-31 1890941 bus:CompanySecretaryDirector1 2023-04-01 2024-03-31 1890941 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 1890941 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 1890941 countries:England 2023-04-01 2024-03-31 1890941 2023-03-31 1890941 core:LandBuildings 2023-03-31 1890941 2022-04-01 2023-03-31 1890941 2023-03-31 1890941 bus:OrdinaryShareClass1 2023-03-31 1890941 core:RetainedEarningsAccumulatedLosses 2023-03-31 1890941 core:ShareCapital 2023-03-31 1890941 core:CurrentFinancialInstruments 2023-03-31 1890941 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 1890941 core:LandBuildings 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 1890941

Station Road Management Limited

Annual Report and Financial Statements

for the Year Ended 31 March 2024

 

Station Road Management Limited

(Registration number: 1890941)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

           

Fixed assets

   

 

Tangible assets

4

 

26,130

 

26,130

Current assets

   

 

Debtors

5

1,542

 

1,487

 

Cash at bank and in hand

 

2,363

 

2,624

 

 

3,905

 

4,111

 

Creditors: Amounts falling due within one year

6

(360)

 

(354)

 

Net current assets

   

3,545

 

3,757

Net assets

   

29,675

 

29,887

Capital and reserves

   

 

Called up share capital

7

100

 

100

 

Retained earnings

29,575

 

29,787

 

Shareholders' funds

   

29,675

 

29,887

For the financial year ending 31 March 2024 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 31 July 2024 and signed on its behalf by:
 

.........................................
Mrs Eileen Audrey Miles
Company secretary and director

 

Station Road Management Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

1

General information

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

The address of its registered office is:
Flat 1, Old Forge Court
Station Road
Shalford
Guildford
Surrey
GU4 8HA
England

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 where 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

Income comprises the value of maintenance charges levied on the tenants during the year.

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.

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.

Trade debtors

Trade debtors are amounts due from tenants for unpaid maintenance charges levied.

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.

 

Station Road Management Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans from related parties.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2023 - 6).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2023

26,130

26,130

At 31 March 2024

26,130

26,130

Carrying amount

At 31 March 2024

26,130

26,130

At 31 March 2023

26,130

26,130

Included within the net book value of land and buildings above is £26,130 (2023 - £26,130) in respect of freehold land.
 

5

Debtors

Current

2024
£

2023
£

Trade debtors

25

-

Prepayments

1,517

1,487

 

1,542

1,487

 

Station Road Management Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

360

354

7

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary of £20 each

5

100

5

100