28 Queensdown Road Management Company Limited 3086143 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is Freehold manangement Digita Accounts Production Advanced 6.30.9574.0 true true 3086143 2023-03-01 2024-02-29 3086143 2024-02-29 3086143 core:RetainedEarningsAccumulatedLosses 2024-02-29 3086143 core:ShareCapital 2024-02-29 3086143 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 3086143 bus:SmallEntities 2023-03-01 2024-02-29 3086143 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 3086143 bus:AbridgedAccounts 2023-03-01 2024-02-29 3086143 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 3086143 bus:RegisteredOffice 2023-03-01 2024-02-29 3086143 bus:Director1 2023-03-01 2024-02-29 3086143 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 3086143 bus:Agent1 2023-03-01 2024-02-29 3086143 countries:AllCountries 2023-03-01 2024-02-29 3086143 dpl:AdministrativeExpenses 2023-03-01 2024-02-29 3086143 2023-02-28 3086143 core:RetainedEarningsAccumulatedLosses 2023-02-28 3086143 core:ShareCapital 2023-02-28 3086143 2022-03-01 2023-02-28 3086143 2023-02-28 3086143 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 3086143 core:RetainedEarningsAccumulatedLosses 2022-03-01 2023-02-28 3086143 core:ShareCapital 2022-03-01 2023-02-28 3086143 dpl:AdministrativeExpenses 2022-03-01 2023-02-28 3086143 2022-02-28 3086143 core:RetainedEarningsAccumulatedLosses 2022-02-28 3086143 core:ShareCapital 2022-02-28 iso4217:GBP xbrli:pure

Registration number: 3086143

28 Queensdown Road Management Company Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 29 February 2024

 

28 Queensdown Road Management Company Limited

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Abridged Profit and Loss Account

4

Statement of Comprehensive Income

5

Abridged Balance Sheet

6

Statement of Changes in Equity

7

Notes to the Unaudited Abridged Financial Statements

8 to 9

iXBRL Detailed Profit and Loss Account

10

 

28 Queensdown Road Management Company Limited

Company Information

Director

Sara Woodford

Registered office

28c Queensdown Road
London
E5 8NN

Accountants

Simon Kingsley
58 Montague Road
Hackney
London
E8 2HW

 

28 Queensdown Road Management Company Limited

Director's Report for the Year Ended 29 February 2024

The report and the abridged financial statements for the year ended 29 February 2024.

Director of the company

The director who held office during the year was as follows:

Sara Woodford

Principal activity

The principal activity of the company is Freehold manangement

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 12 November 2024
 

.........................................
Sara Woodford
Director

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
28 Queensdown Road Management Company Limited
for the Year Ended 29 February 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 28 Queensdown Road Management Company Limited for the year ended 29 February 2024 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of 28 Queensdown Road Management Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of 28 Queensdown Road Management Company Limited and state those matters that we have agreed to state to the Board of Directors of 28 Queensdown Road Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 28 Queensdown Road Management Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that 28 Queensdown Road Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of 28 Queensdown Road Management Company Limited. You consider that 28 Queensdown Road Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of 28 Queensdown Road Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Simon Kingsley
58 Montague Road
Hackney
London
E8 2HW

12 November 2024

 

28 Queensdown Road Management Company Limited

Abridged Profit and Loss Account for the Year Ended 29 February 2024

Note

2024
£

2023
£

Gross profit

 

1,803

2,700

Administrative expenses

 

(1,803)

(2,188)

Profit before tax

-

512

Profit for the financial year

 

-

512

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

28 Queensdown Road Management Company Limited

Statement of Comprehensive Income for the Year Ended 29 February 2024

2024
£

2023
£

Profit for the year

-

512

Total comprehensive income for the year

-

512

 

28 Queensdown Road Management Company Limited

(Registration number: 3086143)
Abridged Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

2,422

1,525

Creditors: Amounts falling due within one year

(1,320)

(423)

Net assets

 

1,102

1,102

Capital and reserves

 

Called up share capital

5

4

4

Retained earnings

1,098

1,098

Shareholders' funds

 

1,102

1,102

For the financial year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 12 November 2024
 

.........................................

Sara Woodford

Director

 

28 Queensdown Road Management Company Limited

Statement of Changes in Equity for the Year Ended 29 February 2024

Share capital
£

Retained earnings
£

Total
£

At 1 March 2023

4

1,098

1,102

At 29 February 2024

4

1,098

1,102

Share capital
£

Retained earnings
£

Total
£

At 1 March 2022

4

586

590

Profit for the year

-

512

512

At 28 February 2023

4

1,098

1,102

 

28 Queensdown Road Management Company Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 29 February 2024

1

General information

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

The address of its registered office is:
28c Queensdown Road
London
E5 8NN
England

These financial statements were authorised for issue by the director on 12 November 2024.

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 abridged 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 abridged 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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

28 Queensdown Road Management Company Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 29 February 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

4

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.

5

Share capital

 

28 Queensdown Road Management Company Limited

iXBRL Detailed Profit and Loss Account for the Year Ended 29 February 2024

2024
£

2023
£

Turnover/revenue

1,803

2,700

Cost of sales

Opening stock/inventories

-

-

Closing stock/inventories

-

-

Gross profit

1,803

2,700

Distribution costs

Administrative expenses

Audit and accountancy other services

(300)

(300)

Other repairs and maintenance costs

(50)

(420)

Bank charges

(90)

(92)

Insurance costs

(1,363)

(1,363)

Other costs

-

(13)

Other operating income

Other items

Profit for the financial year

-

512