Velvet (Guiseley Open Space) Management Company Limited 06239973 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is property management Digita Accounts Production Advanced 6.30.9574.0 true Mr P L J Ward Ms J Birkett Mr D Gatenby J H Watson Property Management Ltd true 06239973 2023-01-01 2023-12-31 06239973 2023-12-31 06239973 bus:OrdinaryShareClass1 2023-12-31 06239973 core:CapitalRedemptionReserve 2023-12-31 06239973 core:ShareCapital 2023-12-31 06239973 bus:FRS102 2023-01-01 2023-12-31 06239973 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06239973 bus:FullAccounts 2023-01-01 2023-12-31 06239973 bus:RegisteredOffice 2023-01-01 2023-12-31 06239973 bus:CompanySecretary1 2023-01-01 2023-12-31 06239973 bus:Director2 2023-01-01 2023-12-31 06239973 bus:Director3 2023-01-01 2023-12-31 06239973 bus:Director4 2023-01-01 2023-12-31 06239973 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 06239973 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 06239973 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06239973 countries:AllCountries 2023-01-01 2023-12-31 06239973 2022-12-31 06239973 bus:OrdinaryShareClass1 2022-12-31 06239973 core:CapitalRedemptionReserve 2022-12-31 06239973 core:ShareCapital 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06239973

Velvet (Guiseley Open Space) Management Company Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Velvet (Guiseley Open Space) Management Company Limited

Profit and Loss Account for the Year Ended 31 December 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Velvet (Guiseley Open Space) Management Company Limited

(Registration number: 06239973)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

85

85

Capital and reserves

 

Called up share capital

4

86

86

Capital redemption reserve

(1)

(1)

Shareholders' funds

 

85

85

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.

Approved and authorised by the Board on 8 August 2024 and signed on its behalf by:
 

.........................................
Mr P L J Ward
Director

 

Velvet (Guiseley Open Space) Management Company Limited

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

1

General information

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

The address of its registered office is:
Glendevon House
4 Hawthorn Park
Coal Road
Leeds
West Yorkshire
LS14 1PQ
England

These financial statements were authorised for issue by the Board on 8 August 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

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities 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.

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.

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

Cash and cash equivalents

2023
£

2022
£

Cash on hand

85

85

 

Velvet (Guiseley Open Space) Management Company Limited

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

4

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

85

85

85

85