9 Gordon Road Management Company Limited 03662096 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is the management and maintenance of the property 9 Gordon Road Digita Accounts Production Advanced 6.30.9574.0 true 03662096 2022-12-01 2023-11-30 03662096 2023-11-30 03662096 core:RetainedEarningsAccumulatedLosses 2023-11-30 03662096 core:CurrentFinancialInstruments 2023-11-30 03662096 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 03662096 bus:SmallEntities 2022-12-01 2023-11-30 03662096 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 03662096 bus:FullAccounts 2022-12-01 2023-11-30 03662096 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 03662096 bus:RegisteredOffice 2022-12-01 2023-11-30 03662096 bus:Director1 2022-12-01 2023-11-30 03662096 bus:Director2 2022-12-01 2023-11-30 03662096 bus:Director3 2022-12-01 2023-11-30 03662096 bus:Director4 2022-12-01 2023-11-30 03662096 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 03662096 bus:Agent1 2022-12-01 2023-11-30 03662096 core:RetainedEarningsAccumulatedLosses 2022-12-01 2023-11-30 03662096 countries:Wales 2022-12-01 2023-11-30 03662096 2022-11-30 03662096 core:RetainedEarningsAccumulatedLosses 2022-11-30 03662096 2021-12-01 2022-11-30 03662096 2022-11-30 03662096 core:RetainedEarningsAccumulatedLosses 2022-11-30 03662096 core:CurrentFinancialInstruments 2022-11-30 03662096 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 03662096 core:RetainedEarningsAccumulatedLosses 2021-12-01 2022-11-30 03662096 2021-11-30 03662096 core:RetainedEarningsAccumulatedLosses 2021-11-30 iso4217:GBP xbrli:pure

Registration number: 03662096

9 Gordon Road Management Company Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

9 Gordon Road Management Company Limited

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Profit and Loss Account

4

Statement of Comprehensive Income

5

Balance Sheet

6

Statement of Changes in Equity

7

Notes to the Unaudited Financial Statements

8 to 9

Detailed Profit and Loss Account

10 to 11

 

9 Gordon Road Management Company Limited

Company Information

Directors

DA Woods

MRF Lipman

P Thomson

TA Lelliott

Registered office

GFF 9 Gordon Road
Clifton
Bristol
BS8 1AW

Accountants

Janet Essex Chartered Accountants
Chartered Accountants
Saville Court
11 Saville Place
Clifton
Bristol
BS8 4EJ

 

9 Gordon Road Management Company Limited

Directors' Report for the Year Ended 30 November 2023

The directors present their report and the financial statements for the year ended 30 November 2023.

Directors of the company

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

DA Woods

MRF Lipman

P Thomson

TA Lelliott

Principal activity

The principal activity of the company is the management and maintenance of the property 9 Gordon Road

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 26 July 2024 and signed on its behalf by:
 

.........................................
DA Woods
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
9 Gordon Road Management Company Limited
for the Year Ended 30 November 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 9 Gordon Road Management Company Limited for the year ended 30 November 2023 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of 9 Gordon Road Management Company Limited, as a body, in accordance with the terms of our engagement letter dated 15 August 2019. Our work has been undertaken solely to prepare for your approval the accounts of 9 Gordon Road Management Company Limited and state those matters that we have agreed to state to the Board of Directors of 9 Gordon Road Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 9 Gordon Road Management Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that 9 Gordon Road Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of 9 Gordon Road Management Company Limited. You consider that 9 Gordon Road Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of 9 Gordon Road Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Janet Essex Chartered Accountants
Chartered Accountants
Saville Court
11 Saville Place
Clifton
Bristol
BS8 4EJ

26 July 2024

 

9 Gordon Road Management Company Limited

Profit and Loss Account for the Year Ended 30 November 2023

Note

2023
£

2022
£

Turnover

 

131,432

4,800

Gross profit

 

131,432

4,800

Administrative expenses

 

(139,730)

(2,452)

Operating (loss)/profit

 

(8,298)

2,348

(Loss)/profit before tax

(8,298)

2,348

(Loss)/profit for the financial year

 

(8,298)

2,348

The above results were derived from continuing operations.

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

 

9 Gordon Road Management Company Limited

Statement of Comprehensive Income for the Year Ended 30 November 2023

2023
£

2022
£

(Loss)/profit for the year

(8,298)

2,348

Total comprehensive income for the year

(8,298)

2,348

 

9 Gordon Road Management Company Limited

(Registration number: 03662096)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

1,100

-

Cash at bank and in hand

 

4,127

13,183

 

5,227

13,183

Creditors: Amounts falling due within one year

5

(622)

(280)

Net assets

 

4,605

12,903

Capital and reserves

 

Retained earnings

4,605

12,903

Shareholders' funds

 

4,605

12,903

For the financial year ending 30 November 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 26 July 2024 and signed on its behalf by:
 

.........................................
DA Woods
Director

 

9 Gordon Road Management Company Limited

Statement of Changes in Equity for the Year Ended 30 November 2023

Retained earnings
£

Total
£

At 1 December 2022

12,903

12,903

Loss for the year

(8,298)

(8,298)

At 30 November 2023

4,605

4,605

Retained earnings
£

Total
£

At 1 December 2021

10,555

10,555

Profit for the year

2,348

2,348

At 30 November 2022

12,903

12,903

 

9 Gordon Road Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

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

The address of its registered office is:
GFF 9 Gordon Road
Clifton
Bristol
BS8 1AW

These financial statements were authorised for issue by the Board on 26 July 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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 customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

9 Gordon Road Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 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.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2022 - 4).

4

Debtors

Current

2023
£

2022
£

Other debtors

1,100

-

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Other creditors

622

280

6

Share capital

 

9 Gordon Road Management Company Limited

Detailed Profit and Loss Account for the Year Ended 30 November 2023

2023
 £

2022
 £

turnover (analysed below)

131,432

4,800

Gross profit (%)

100%

100%

Administrative expenses

Establishment costs (analysed below)

(139,141)

(2,172)

General administrative expenses (analysed below)

(589)

(280)

(139,730)

(2,452)

Operating (loss)/profit

(8,298)

2,348

(Loss)/profit before tax

(8,298)

2,348

 

9 Gordon Road Management Company Limited

Detailed Profit and Loss Account for the Year Ended 30 November 2023

2023
£

2022
£

   

Turnover

Sale of goods, UK

131,432

4,800

   

Establishment costs

Insurance

(1,601)

(2,172)

Repairs and maintenance

(137,540)

-

(139,141)

(2,172)

   

General administrative expenses

Sundry expenses

(189)

-

Accountancy fees

(400)

(280)

(589)

(280)