Company registration number 06376701 (England and Wales)
North Park (Halifax) Management Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 31 December 2023
PAGES FOR FILING WITH REGISTRAR
North Park (Halifax) Management Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
North Park (Halifax) Management Ltd
Statement of financial position
as at 31 December 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
43,000
43,000
Current assets
Debtors
16,855
17,810
Cash at bank and in hand
2,176
6,328
19,031
24,138
Creditors: amounts falling due within one year
(58,049)
(62,754)
Net current liabilities
(39,018)
(38,616)
Total assets less current liabilities
3,982
4,384
Capital and reserves
Called up share capital
4
100
100
Profit and loss reserves
3,882
4,284
Total equity
3,982
4,384
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 10 September 2024
B Marsden
Director
Company Registration No. 06376701
North Park (Halifax) Management Ltd
Notes to the financial statements
for the year ended 31 December 2023
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover represents service charges and ground rents received from property owners under the terms of their leases. Turnover is recognised upon the provision of services.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost less depreciation.
Freehold land and buildings are valued at cost, which is considered to be fair value by the directors.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
3
Tangible fixed assets
Freehold land and buildings
£
Cost
At 1 January 2023 and 31 December 2023
43,000
Depreciation and impairment
At 1 January 2023 and 31 December 2023
Carrying amount
At 31 December 2023
43,000
At 31 December 2022
43,000
North Park (Halifax) Management Ltd
Notes to the financial statements (continued)
for the year ended 31 December 2023
- 3 -
4
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Ordinary of £1 each
50
50
50
50
B Ordinary of £1 each
50
50
50
50
100
100
100
100
5
Company information
North Park (Halifax) Management Ltd is a private company limited by shares incorporated in England and Wales. The registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.