Victoria House Management Company ( Felixstowe ) Ltd 04345871 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Property management company Digita Accounts Production Advanced 6.30.9574.0 true true 04345871 2023-01-01 2023-12-31 04345871 2023-12-31 04345871 bus:OrdinaryShareClass1 2023-12-31 04345871 core:RetainedEarningsAccumulatedLosses 2023-12-31 04345871 core:ShareCapital 2023-12-31 04345871 bus:SmallEntities 2023-01-01 2023-12-31 04345871 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04345871 bus:FullAccounts 2023-01-01 2023-12-31 04345871 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04345871 bus:RegisteredOffice 2023-01-01 2023-12-31 04345871 bus:CompanySecretary1 2023-01-01 2023-12-31 04345871 bus:Director1 2023-01-01 2023-12-31 04345871 bus:Director4 2023-01-01 2023-12-31 04345871 bus:Director5 2023-01-01 2023-12-31 04345871 bus:Director8 2023-01-01 2023-12-31 04345871 bus:Director9 2023-01-01 2023-12-31 04345871 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 04345871 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04345871 countries:England 2023-01-01 2023-12-31 04345871 2022-01-01 2022-12-31 04345871 2022-12-31 04345871 bus:OrdinaryShareClass1 2022-12-31 04345871 core:RetainedEarningsAccumulatedLosses 2022-12-31 04345871 core:ShareCapital 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04345871

Victoria House Management Company ( Felixstowe ) Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Victoria House Management Company ( Felixstowe ) Ltd

Contents

Company Information

1

Directors' Report

2

Service Charge - Income and Expenditure

3

Service Charge - Balance Sheet

4

Notes to the Unaudited Financial Statements

5 to 6

 

Victoria House Management Company ( Felixstowe ) Ltd

Company Information

Directors

Mr Joseph Simmons

Mr Richard Lionel Catling

Mrs Amanda Simmons

Mr David Scales

Mrs Alison Margaret Miller

Company secretary

Mr Gary Miller

Registered office

49 Wadgate Road
Felixstowe
Suffolk
IP11 2LU

Accountants

Brian Nuttgens Accountants Ltd
Chartered Certified Accountants
1007 London Road
Leigh-On-Sea
Essex
SS9 3JY

 

Victoria House Management Company ( Felixstowe ) Ltd

Directors' Report for the Year Ended 31 December 2023

The directors present their report and the financial statements for the year ended 31 December 2023.

Directors of the company

The directors who held office during the year were as follows:

Mr Joseph Simmons

Mr Richard Lionel Catling

Mrs Amanda Simmons

Mr David Scales

Mrs Alison Margaret Miller

Principal activity

The principal activity of the company is Property management company

Small companies provision statement

This report has 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 23 August 2024 and signed on its behalf by:
 

.........................................
Mrs Alison Margaret Miller
Director

 

Victoria House Management Company ( Felixstowe ) Ltd

Service Charge - Income and Expenditure for the Year Ended 31 December 2023

Note

2023
£

2022
£

Turnover

 

3,778

4,226

Gross profit

 

3,778

4,226

Administrative expenses

 

(3,566)

(4,512)

Operating profit/(loss)

 

212

(286)

Profit/(loss) before tax

212

(286)

Profit/(loss) for the financial year

 

212

(286)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Victoria House Management Company ( Felixstowe ) Ltd

(Registration number: 04345871)
Service Charge Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

432

220

Capital and reserves

 

Called up share capital

5

5

5

Retained earnings

427

215

Shareholders' funds

 

432

220

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.

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 23 August 2024 and signed on its behalf by:
 

.........................................
Mrs Alison Margaret Miller
Director

 

Victoria House Management Company ( Felixstowe ) Ltd

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.

The address of its registered office is:
49 Wadgate Road
Felixstowe
Suffolk
IP11 2LU

These financial statements were authorised for issue by the Board on 23 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

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.

Tax

No liability to UK corporation tax arose on ordinary activities for the year. The company is exempt from Corporation Tax as HMRC have confirmed that in its view, so long as the Trust terms are observed the receipt of service charge payments subject to section 42 Trusts will not give rise to any tax liability in the hands of the payee.

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.

 

Victoria House Management Company ( Felixstowe ) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 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 5 (2022 - 5).

4

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

5

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

5

5

5

5