REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
FOR |
WATERLOO APARTMENTS (LEEDS) MANAGEMENT |
COMPANY LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
FOR |
WATERLOO APARTMENTS (LEEDS) MANAGEMENT |
COMPANY LIMITED |
WATERLOO APARTMENTS (LEEDS) MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 04776289) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31 May 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
WATERLOO APARTMENTS (LEEDS) MANAGEMENT |
COMPANY LIMITED |
COMPANY INFORMATION |
For The Year Ended 31 May 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Business Advisors & Accountants |
5&6 Manor Court |
Manor Garth |
Scarborough |
North Yorkshire |
YO11 3TU |
WATERLOO APARTMENTS (LEEDS) MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 04776289) |
BALANCE SHEET |
31 May 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account | 6 |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps 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 surplus or deficit for each financial year in accordance with the requirements of Sections 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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
WATERLOO APARTMENTS (LEEDS) MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 04776289) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 May 2024 |
1. | STATUTORY INFORMATION |
Waterloo Apartments (Leeds) Management Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents service charges invoiced during the period. |
Debtors and creditors receivable / payable within one year |
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Amounts due from tenants |
Prepayments |
All service charges due were collected shortly after the year end. |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other creditors | 7,404 | 7,816 |
Accrued expenses |
WATERLOO APARTMENTS (LEEDS) MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 04776289) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 May 2024 |
6. | RESERVES |
Income |
and |
expenditure | Reserve |
account | fund | Totals |
£ | £ | £ |
At 1 June 2023 | 25,940 |
Surplus for the year |
Expenditure (Safety improvements to car park gates (Waterloo Street) |
- |
(8,064 |
) |
(8,064 |
) |
Expenditure (Fire risk assessment) |
- |
(551 |
) |
(551 |
) |
Expenditure (Retail unit - fire alarm modifications) |
- |
(2,378 |
) |
(2,378 |
) |
Income (Contribution towards fire alarm modifications) |
- |
2,378 |
2,378 |
Transfer between funds | (8,615 | ) | 8,615 | - |
At 31 May 2024 | 23,026 |