2023-04-01 02433746 2024-03-31 02433746 2023-04-01 2024-03-31 02433746 2023-03-31 02433746 2022-04-01 2023-03-31 02433746 uk-core:WithinOneYear 2023-03-31 02433746 uk-core:WithinOneYear 2024-03-31 02433746 uk-core:ShareCapital 2024-03-31 02433746 uk-core:ShareCapital 2023-03-31 02433746 uk-bus:Director1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure 02433746 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 02433746 uk-bus:FRS102 2023-04-01 2024-03-31 02433746 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 02433746 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Ermine Point (Management) Ltd
Registered Number:02433746
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Ermine Point (Management) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
02433746
As at 31 March 2024
Ermine Point (Management) Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1
1
3
1
1
Current assets
Trade and other receivables
20,871
54,032
4
54,032
20,871
Trade and other payables: amounts falling due within one
year
(20,855)
(54,016)
5
16
16
Net current assets
Total assets less current liabilities
17
17
17
Net assets
17
Capital and reserves
Called up share capital
17
17
17
17
Shareholders' funds
For the year ended 31 March 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Andrew Oakley Director
These financial statements were approved and authorised for issue by the Board on 06 November 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2024
Ermine Point (Management) Ltd
Notes to the Financial Statements
Statutory Information
Ermine Point (Management) Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 02433746.
Registered address:
3 Preston Parade
Whitstable
Kent
CT5 4AA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
3. Property, plant and equipment
Land and
buildings
£
Cost or
valuation
At 01 April 2023
1
At 31 March 2024
1
At 31 March 2024
Net book value
1
At 31 March 2023
1
2 of 3
5
For the year ended 31 March 2024
Ermine Point (Management) Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
102
-
Amounts owed by group undertakings and participating interests
26,467
-
Other debtors
27,463
20,871
20,871
54,032
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
10,000
-
Other creditors
44,016
20,855
54,016
20,855
6. Related party transactions
The Oakleys have lent the Company £10,000 to cover the Biodisc repairs.
7. Average number of persons employed
During the year the average number of employees was 0
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