Silverfin false false 31/10/2023 01/11/2022 31/10/2023 Mrs Stephanie Margaret Hay 23/02/2021 Mr Jonathan Stephen Hay 23/02/2021 30 October 2024 The principal activity of the company is to provide residential property management services. 05894282 2023-10-31 05894282 bus:Director1 2023-10-31 05894282 bus:Director2 2023-10-31 05894282 core:CurrentFinancialInstruments 2023-10-31 05894282 core:CurrentFinancialInstruments 2022-10-31 05894282 2022-10-31 05894282 core:ShareCapital 2023-10-31 05894282 core:ShareCapital 2022-10-31 05894282 core:OtherCapitalReserve 2023-10-31 05894282 core:OtherCapitalReserve 2022-10-31 05894282 core:RetainedEarningsAccumulatedLosses 2023-10-31 05894282 core:RetainedEarningsAccumulatedLosses 2022-10-31 05894282 2022-11-01 2023-10-31 05894282 bus:FilletedAccounts 2022-11-01 2023-10-31 05894282 bus:SmallEntities 2022-11-01 2023-10-31 05894282 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 05894282 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05894282 bus:Director1 2022-11-01 2023-10-31 05894282 bus:Director2 2022-11-01 2023-10-31 05894282 2021-11-01 2022-10-31 iso4217:GBP xbrli:pure

Company No: 05894282 (England and Wales)

WYE LEA MANAGEMENT COMPANY LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2023
Pages for filing with the registrar

WYE LEA MANAGEMENT COMPANY LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2023

Contents

WYE LEA MANAGEMENT COMPANY LIMITED

BALANCE SHEET

As at 31 October 2023
WYE LEA MANAGEMENT COMPANY LIMITED

BALANCE SHEET (continued)

As at 31 October 2023
2023 2022
£ £
Current assets
Debtors 3 8,877 2,000
Cash at bank and in hand 1,948 6,265
10,825 8,265
Creditors: amounts falling due within one year 4 ( 9,065) ( 7,904)
Net current assets 1,760 361
Total assets less current liabilities 1,760 361
Net assets 1,760 361
Capital and reserves
Called-up share capital 0 0
Other reserves ( 4,618 ) ( 3,096 )
Profit and loss account 6,378 3,457
Total shareholders' funds 1,760 361

For the financial year ending 31 October 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Wye Lea Management Company Limited (registered number: 05894282) were approved and authorised for issue by the Board of Directors on 30 October 2024. They were signed on its behalf by:

Mrs Stephanie Margaret Hay
Director
WYE LEA MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2023
WYE LEA MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Wye Lea Management Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lower Cleeve Farm, Ross On Wye, HR9 7TD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provisions of services in the ordinary course of the companies activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Debtors

2023 2022
£ £
Prepayments and accrued income 1,123 1,056
Other debtors 7,754 944
8,877 2,000

4. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to directors 3,698 1,653
Accruals 2,207 4,507
Other creditors 3,160 1,744
9,065 7,904