Lauriston Flat Management Limited 00947755 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is The management of the common parts of Lauriston, Crawley Ridge, Camberley Digita Accounts Production Advanced 6.30.9574.0 true true 00947755 2023-04-01 2024-03-31 00947755 2024-03-31 00947755 core:CapitalRedemptionReserve 2024-03-31 00947755 core:RetainedEarningsAccumulatedLosses 2024-03-31 00947755 core:ShareCapital 2024-03-31 00947755 core:CurrentFinancialInstruments 2024-03-31 00947755 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 00947755 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 00947755 bus:SmallEntities 2023-04-01 2024-03-31 00947755 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 00947755 bus:FullAccounts 2023-04-01 2024-03-31 00947755 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 00947755 bus:RegisteredOffice 2023-04-01 2024-03-31 00947755 bus:Director1 2023-04-01 2024-03-31 00947755 bus:Director3 2023-04-01 2024-03-31 00947755 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 00947755 countries:EnglandWales 2023-04-01 2024-03-31 00947755 2023-03-31 00947755 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 00947755 2022-04-01 2023-03-31 00947755 2023-03-31 00947755 core:CapitalRedemptionReserve 2023-03-31 00947755 core:RetainedEarningsAccumulatedLosses 2023-03-31 00947755 core:ShareCapital 2023-03-31 00947755 core:CurrentFinancialInstruments 2023-03-31 00947755 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 00947755 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 00947755

Lauriston Flat Management Limited

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 March 2024

 

Lauriston Flat Management Limited

(Registration number: 00947755)
Statement of Financial Position as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

11,952

11,952

Current assets

 

Debtors

5

100

270

Cash at bank and in hand

 

2,885

2,351

 

2,985

2,621

Creditors: Amounts falling due within one year

6

(2,340)

(3,510)

Net current assets/(liabilities)

 

645

(889)

Net assets

 

12,597

11,063

Capital and reserves

 

Called up share capital

100

100

Freehold reserve

11,952

11,952

Redecoration and repairs reserve

545

(989)

Total equity

 

12,597

11,063

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

Approved and authorised by the Board on 8 October 2024 and signed on its behalf by:
 

.........................................
Ms C A Dixon
Director

.........................................
Mr B M Hinzman
Director

 

Lauriston Flat Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY. England.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis due to the continued support of the director.

Revenue recognition

Turnover represents the amounts derived from maintenance contributions receivable.

Tangible assets

No depreciation has been charged on the freehold property as the Company only owns the reversionary interest in the land.

Maintenance debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Other creditors

Short term creditors are measured at the transaction price.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3

Staff numbers

The average number of persons employed by the companyduring the year, was 0 (2023 - 0).

 

Lauriston Flat Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Due to the nature of the company’s activities there were no employees in the current or previous year.

4

Tangible assets

Freehold property
£

Total
£

Cost or valuation

At 1 April 2023

11,952

11,952

At 31 March 2024

11,952

11,952

Depreciation

Carrying amount

At 31 March 2024

11,952

11,952

At 31 March 2023

11,952

11,952

5

Debtors

2024
£

2023
£

Maintenance debtors

100

270

100

270

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Accruals and deferred income

2,340

3,510

7

Going concern

The financial statements have been prepared on a going concern basis due to the continuing support of one of the directors.