Lifesector Property Management Ltd |
Registered number: |
02441113 |
Balance Sheet |
as at 31 March 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Current assets |
Debtors |
3 |
|
749 |
|
|
6,133 |
Cash at bank and in hand |
|
|
300 |
|
|
521 |
|
|
|
1,049 |
|
|
6,654 |
|
Creditors: amounts falling due within one year |
4 |
|
(1,049) |
|
|
(6,654) |
|
Net current assets |
|
|
|
- |
|
|
- |
|
Net assets |
|
|
|
- |
|
|
- |
|
|
|
|
|
|
|
|
Reserves |
6 |
|
|
|
|
|
- |
|
|
- |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
_________________________________ |
Adam Ludlam |
Director |
Approved by the board on 16 August 2024 |
|
Lifesector Property Management Ltd |
Notes to the Accounts |
for the year ended 31 March 2024 |
|
|
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 |
|
Turnover represents the amount receivable from the lessees of Warwick Lodge in respect of levies charges to recover expenses and ground rent. It has been derived from its principal activity wholly undertaken in the UK. |
|
2 |
Taxation |
|
|
The company operates on a mutual basis and is only liable to taxation upon interest received gross. A five year dispensation has been granted from the Revenue, therfore only material amounts of interest require declaration. No tax liability arises for the year. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Member contributions due |
|
|
|
|
674 |
|
- |
|
Prepayments |
|
|
|
|
75 |
|
6,133 |
|
|
|
|
|
|
749 |
|
6,133 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Service charges & rent due |
- |
|
2,986 |
|
Accrualed expenses |
1,049 |
|
561 |
|
Member contributions in advance |
- |
|
3,107 |
|
|
|
|
|
|
1,049 |
|
6,654 |
|
|
|
|
|
|
|
|
|
|
5 |
Controlling party |
|
|
The controlling party is the director Adam Ludlam. |
6 |
Limited by Guarantee |
|
|
The company is limited by guarantee and has no share capital. |
|
7 |
Other information |
|
|
Lifesector Property Management Ltd is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
|
82 Harlech Road |
|
Abbotts Langley |
|
Herts |
|
WD5 0BF |