LAWRENCE HOUSE (LINCOLN) MANAGEMENT COMPANY LIMITED

Company Registration Number:
07629199 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

LAWRENCE HOUSE (LINCOLN) MANAGEMENT COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

LAWRENCE HOUSE (LINCOLN) MANAGEMENT COMPANY LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Current assets
Debtors:   800 0
Cash at bank and in hand: 9,126 10,894
Total current assets: 9,926 10,894
Creditors: amounts falling due within one year: 3 (1,655) (1,055)
Net current assets (liabilities): 8,271 9,839
Total assets less current liabilities: 8,271 9,839
Provision for liabilities: (8,266) (9,834)
Total net assets (liabilities): 5 5
Capital and reserves
Called up share capital: 5 5
Shareholders funds: 5 5

The notes form part of these financial statements

LAWRENCE HOUSE (LINCOLN) MANAGEMENT COMPANY LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 September 2024
and signed on behalf of the board by:

Name: R Dorrian
Status: Director

The notes form part of these financial statements

LAWRENCE HOUSE (LINCOLN) MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable in respect of agreed contributions towards maintenance and repair of common areas of property over which the company has rights and the residents have access.

Other accounting policies

Provisions Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured at the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are charged as an expense to profit and loss and reductions are treated as income.

LAWRENCE HOUSE (LINCOLN) MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

LAWRENCE HOUSE (LINCOLN) MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

Accruals and deferred income 2023 £1,655 2022 £1,055