Princes Road, Clevedon Flat Management Company Limited 01475522 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is management of the flats comprised in the property at 4 Prince's Road,Clevedon,Avon Digita Accounts Production Advanced 6.30.9574.0 true true 01475522 2023-04-01 2024-03-31 01475522 2024-03-31 01475522 bus:OrdinaryShareClass1 2024-03-31 01475522 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 01475522 bus:SmallEntities 2023-04-01 2024-03-31 01475522 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 01475522 bus:FullAccounts 2023-04-01 2024-03-31 01475522 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01475522 bus:RegisteredOffice 2023-04-01 2024-03-31 01475522 bus:Director16 2023-04-01 2024-03-31 01475522 bus:Director25 2023-04-01 2024-03-31 01475522 bus:Director32 2023-04-01 2024-03-31 01475522 bus:Director33 2023-04-01 2024-03-31 01475522 bus:Director34 2023-04-01 2024-03-31 01475522 bus:Director36 2023-04-01 2024-03-31 01475522 bus:Director6 2023-04-01 2024-03-31 01475522 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 01475522 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01475522 countries:EnglandWales 2023-04-01 2024-03-31 01475522 2022-04-01 2023-03-31 01475522 2023-03-31 01475522 bus:OrdinaryShareClass1 2023-03-31 01475522 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01475522

Princes Road, Clevedon Flat Management Company Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Princes Road, Clevedon Flat Management Company Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 4

 

Princes Road, Clevedon Flat Management Company Limited

Company Information

Directors

Ms H Meyrick

M North

Mrs Bacon

M K Poulter

G A Biss

J Beesley

S Fallows

Registered office

West Coast Properties
13-14 Alexandra Parade
Weston-super-Mare
North Somerset
BS23 1QT

Accountants

Newsham Hanson Accountants Limited
Accountants & Business Advisors
Edinburgh House
1-5 Bellevue Road
Clevedon
North Somerset
BS21 7NP

 

Princes Road, Clevedon Flat Management Company Limited

(Registration number: 01475522)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

3,944

4,442

Creditors: Amounts falling due within one year

4

(3,925)

(4,423)

Net assets

 

19

19

Capital and reserves

 

Called up share capital

5

7

7

Retained earnings

12

12

Shareholders' funds

 

19

19

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.

Approved and authorised by the Board on 30 July 2024 and signed on its behalf by:
 

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

S Fallows

Director

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.

 

Princes Road, Clevedon Flat Management Company 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 and Wales.

The address of its registered office is:
West Coast Properties
13-14 Alexandra Parade
Weston-super-Mare
North Somerset
BS23 1QT

The principal place of business is:
4 Princes Road
Clevedon
North Somerset
BS21 7SZ

These financial statements were authorised for issue by the Board on 30 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.

 

Princes Road, Clevedon Flat Management Company Limited

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

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents amounts chargeable in respect of maintenance fees receivable.

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 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 0 (2023 - 7).

4

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Other creditors

 

3,925

4,423

5

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

7

7

7

7