The Heights Maypole Management Limited 09470846 true 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of property management. Digita Accounts Production Advanced 6.30.9574.0 true Mr P A J Knight Mr A Ayers Mr R L Day Mr J Osbourne true 09470846 2023-04-01 2024-03-31 09470846 2024-03-31 09470846 bus:OrdinaryShareClass1 2024-03-31 09470846 core:RetainedEarningsAccumulatedLosses 2024-03-31 09470846 core:ShareCapital 2024-03-31 09470846 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09470846 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 09470846 bus:FRS102 2023-04-01 2024-03-31 09470846 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09470846 bus:FullAccounts 2023-04-01 2024-03-31 09470846 bus:RegisteredOffice 2023-04-01 2024-03-31 09470846 bus:Director1 2023-04-01 2024-03-31 09470846 bus:Director2 2023-04-01 2024-03-31 09470846 bus:Director3 2023-04-01 2024-03-31 09470846 bus:Director4 2023-04-01 2024-03-31 09470846 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 09470846 bus:EntityHasNeverTraded 2023-04-01 2024-03-31 09470846 bus:Consolidated 2023-04-01 2024-03-31 09470846 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09470846 countries:EnglandWales 2023-04-01 2024-03-31 09470846 2023-03-31 09470846 2023-03-31 09470846 bus:OrdinaryShareClass1 2023-03-31 09470846 core:RetainedEarningsAccumulatedLosses 2023-03-31 09470846 core:ShareCapital 2023-03-31 09470846 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09470846 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09470846

The Heights Maypole Management Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

The Heights Maypole Management Limited

(Registration number: 09470846)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

3

26,181

26,181

Creditors: Amounts falling due within one year

(31)

(31)

Total assets less current liabilities

 

26,150

26,150

Creditors: Amounts falling due after more than one year

(26,177)

(26,177)

Net liabilities

 

(27)

(27)

Capital and reserves

 

Called up share capital

4

4

4

Retained earnings

(31)

(31)

Shareholders' deficit

 

(27)

(27)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 10 September 2024 and signed on its behalf by:
 

.........................................
Mr P A J Knight
Director

 

The Heights Maypole Management Limited

Notes to the Unaudited 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:
1-2 Rhodium Point Hawkinge Business Park
Spindle Close
Hawkinge
Folkestone
Kent
CT18 7TQ
United Kingdom

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.

Investment property

Investment property is carried at cost which in the opinion of the directors is the same as the fair value. Fair value is derived from the current market prices for comparable real estate. Changes in fair value are recognised in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

The Heights Maypole Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

2

Accounting policies (continued)

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

Investment properties

2024
£

At 1 April

26,181

At 31 March

26,181

There has been no valuation of investment property by an independent valuer.

4

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

4

4

4

4

       

5

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Directors loan account

26,177

26,177

Current loans and borrowings

2024
£

2023
£

Directors current account

31

31