Company Registration No. 04367302 (England and Wales)
Prime Point 14 Management Company Limited
Unaudited accounts
for the year ended 31 December 2023
Prime Point 14 Management Company Limited
Unaudited accounts
Contents
Prime Point 14 Management Company Limited
Company Information
for the year ended 31 December 2023
Secretary
Principle Estate Services
Company Number
04367302 (England and Wales)
Registered Office
Principle Estate Services Limited
137 Newhall Street
Birmingham
B3 1SF
England
Prime Point 14 Management Company Limited
Statement of financial position
as at 31 December 2023
Called up share capital not paid
1,358
1,358
Called up share capital
1,358
1,358
Shareholders' funds
1,358
1,358
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by
S Ellis
Director
Company Registration No. 04367302
Prime Point 14 Management Company Limited
Notes to the Accounts
for the year ended 31 December 2023
Prime Point 14 Management Company Limited is a private company, limited by shares, registered in England and Wales, registration number 04367302. The registered office is Principle Estate Services Limited, 137 Newhall Street, Birmingham, B3 1SF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The company is a resident management company, in which service charge monies are held in trust by the company, to be used for current and future maintenance on behalf of its members and residents. In prior years service charge income and expenditure were accounted for as if they were company assets and liabilities and were included in the company's statement of accounts. This has now been amended and as a result a prior year adjustment has been made.
Also, in prior years the share capital has been incorrectly stated as £1,216 where it should have been stated as £1,358. This has now been amended and as a result a prior year adjustment has been made.
Allotted, called up and fully paid:
1,357 A Ordinary shares of £1 each
1,357
1,357
1 B Ordinary shares of £1 each
1
1
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).