27 The Ridgeway (Enfield) Management Co Ltd 02073723 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of a Property Management Company. Digita Accounts Production Advanced 6.30.9574.0 true true 02073723 2023-01-01 2023-12-31 02073723 2023-12-31 02073723 bus:OrdinaryShareClass1 2023-12-31 02073723 core:CurrentFinancialInstruments 2023-12-31 02073723 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 02073723 bus:SmallEntities 2023-01-01 2023-12-31 02073723 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 02073723 bus:FilletedAccounts 2023-01-01 2023-12-31 02073723 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 02073723 bus:RegisteredOffice 2023-01-01 2023-12-31 02073723 bus:Director1 2023-01-01 2023-12-31 02073723 bus:Director4 2023-01-01 2023-12-31 02073723 bus:Director5 2023-01-01 2023-12-31 02073723 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 02073723 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02073723 countries:AllCountries 2023-01-01 2023-12-31 02073723 2022-01-01 2022-12-31 02073723 2022-12-31 02073723 bus:OrdinaryShareClass1 2022-12-31 02073723 core:CurrentFinancialInstruments 2022-12-31 02073723 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02073723

27 The Ridgeway (Enfield) Management Co Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

27 The Ridgeway (Enfield) Management Co Ltd

Contents
__________________________________________________________________________

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

27 The Ridgeway (Enfield) Management Co Ltd

Company Information
__________________________________________________________________________

Directors

M Antoraz-Alonso

C Christodoulou

G Kapetanios

Registered office

342 Regents Park Road
Finchley
London
N3 2LJ


 

Accountants

Brooks Green
Accountants
Abbey House
342 Regents Park Road
London
N3 2LJ

 

27 The Ridgeway (Enfield) Management Co Ltd

(Registration number: 02073723)
Balance Sheet as at 31 December 2023
__________________________________________________________________________

Note

2023
£

2022
£

Current assets

 

Debtors

3

1,263

943

Cash at bank and in hand

 

-

271

 

1,263

1,214

Creditors: Amounts falling due within one year

4

(623)

(574)

Net assets

 

640

640

Capital and reserves

 

Called up share capital

5

250

250

Retained earnings

390

390

Shareholders' funds

 

640

640

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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 17 September 2024 and signed on its behalf by:
 

.........................................
C Christodoulou
Director

 

27 The Ridgeway (Enfield) Management Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
__________________________________________________________________________

1

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

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities 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.

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.

 

27 The Ridgeway (Enfield) Management Co 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.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).

3

Debtors

Current

2023
£

2022
£

Other debtors

1,263

943

 

1,263

943

4

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Other creditors

623

574

5

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £50 each

5

250

5

250