IRIS Accounts Production v24.2.0.383 05284992 Board of Directors 1.1.23 31.12.23 31.12.23 management and administration on a non-profit making basis, of the communal areas relating to the development on behalf of the property owners, lessees or tenants. 0 0 false true false false true false 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052849922022-12-31052849922023-12-31052849922023-01-012023-12-31052849922021-12-31052849922022-01-012022-12-31052849922022-12-3105284992ns15:EnglandWales2023-01-012023-12-3105284992ns14:PoundSterling2023-01-012023-12-3105284992ns10:Director12023-01-012023-12-3105284992ns10:CompanyLimitedByGuarantee2023-01-012023-12-3105284992ns10:SmallEntities2023-01-012023-12-3105284992ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3105284992ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3105284992ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3105284992ns10:FullAccounts2023-01-012023-12-3105284992ns10:Director22023-01-012023-12-3105284992ns10:Director32023-01-012023-12-3105284992ns10:Director42023-01-012023-12-3105284992ns10:RegisteredOffice2023-01-012023-12-3105284992ns5:CurrentFinancialInstruments2023-12-3105284992ns5:CurrentFinancialInstruments2022-12-3105284992ns5:FurtherSpecificReserve1ComponentTotalEquity2023-12-3105284992ns5:FurtherSpecificReserve1ComponentTotalEquity2022-12-3105284992ns5:RetainedEarningsAccumulatedLosses2023-12-3105284992ns5:RetainedEarningsAccumulatedLosses2022-12-3105284992ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3105284992ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3105284992ns5:RetainedEarningsAccumulatedLosses2022-12-3105284992ns5:FurtherSpecificReserve1ComponentTotalEquity2022-12-3105284992ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 05284992 (England and Wales)














MINERVA HEIGHTS MANAGEMENT
COMPANY LIMITED

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






MINERVA HEIGHTS MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05284992)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Report of the Directors 2

Statement of Comprehensive Income 3

Statement of Financial Position 4

Notes to the Financial Statements 5


MINERVA HEIGHTS MANAGEMENT
COMPANY LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: A D Mead
Ms E Long
B O'Donnell
Ms V Stewart





REGISTERED OFFICE: Abbotts House
198 Lower High Street
Watford
Hertfordshire
WD17 2FF





REGISTERED NUMBER: 05284992 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

MINERVA HEIGHTS MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05284992)

REPORT OF THE DIRECTORS
for the Year Ended 31 December 2023

The company is limited by guarantee and has no share capital. The liability of each member is limited to £25 members.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2023 to the date of this report.

A D Mead
Ms E Long
B O'Donnell
Ms V Stewart

The Directors are covered by a third party indemnity insurance policy.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





A D Mead - Director


16 September 2024

MINERVA HEIGHTS MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05284992)

STATEMENT OF COMPREHENSIVE
INCOME
for the Year Ended 31 December 2023

2023 2022
£    £   

TURNOVER 52,430 45,480

Administrative expenses 41,169 38,472
OPERATING PROFIT and
PROFIT BEFORE TAXATION 11,261 7,008

Tax on profit - -
PROFIT FOR THE FINANCIAL YEAR 11,261 7,008

OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

11,261

7,008

MINERVA HEIGHTS MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05284992)

STATEMENT OF FINANCIAL POSITION
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 4,106 4,444
Cash at bank 44,377 31,728
48,483 36,172
CREDITORS
Amounts falling due within one year 6 10,601 9,551
NET CURRENT ASSETS 37,882 26,621
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,882

26,621

RESERVES
Capital reserve 7 31,313 19,488
Retained earnings 7 6,569 7,133
37,882 26,621

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:





A D Mead - Director


MINERVA HEIGHTS MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05284992)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Minerva Heights Management Company Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Income recognition
Income is recognised when services have been provided to residents such that risks and rewards of ownership have transferred to them.

4. EMPLOYEES AND DIRECTORS

There were no staff costs for the year ended 31 December 2023 nor for the year ended 31 December 2022.

The average number of employees during the year was NIL (2022 - NIL).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,610 2,384
Other debtors 2,496 2,060
4,106 4,444

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,128 825
Service charges in advance 2,291 6,156
Accrued expenses 3,182 2,570
10,601 9,551

MINERVA HEIGHTS MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05284992)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

7. RESERVES
Retained Capital
earnings reserve Totals
£    £    £   

At 1 January 2023 7,133 19,488 26,621
Profit for the year 11,261 11,261
Transfer to Reserves (11,825 ) 11,825 -
At 31 December 2023 6,569 31,313 37,882