01 March 2023 28 February 2024 No principle activity is included 05057179 2023-03-01 05057179 2024-02-28 05057179 2023-03-01 2024-02-28 05057179 2023-02-28 05057179 2022-03-01 2023-02-28 05057179 uk-core:WithinOneYear 2024-02-28 05057179 uk-core:WithinOneYear 2023-02-28 05057179 uk-core:RetainedEarningsAccumulatedLosses 2024-02-28 05057179 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 05057179 uk-bus:Director1 2023-03-01 2024-02-28 05057179 uk-curr:PoundSterling 2023-03-01 2024-02-28 05057179 uk-core:PlantMachinery 2023-03-01 2024-02-28 05057179 uk-core:Vehicles 2023-03-01 2024-02-28 05057179 uk-core:FurnitureFittings 2023-03-01 2024-02-28 05057179 uk-core:OfficeEquipment 2023-03-01 2024-02-28 05057179 uk-core:LandBuildings uk-core:OwnedOrFreeholdAssets 2023-02-28 05057179 uk-core:LandBuildings uk-core:OwnedOrFreeholdAssets 2024-02-28 05057179 uk-bus:FRS102 2023-03-01 2024-02-28 05057179 uk-bus:FullAccounts 2023-03-01 2024-02-28 05057179 uk-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 05057179 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 iso4217:GBP xbrli:pure
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  19 LONDON ROAD MANAGEMENT COMPANY LIMITED
   
  COMPANY LIMITED BY GUARANTEE
   
  UNAUDITED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 28 FEBRUARY 2024
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  19 LONDON ROAD MANAGEMENT COMPANY LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 28 FEBRUARY 2024
       
       
  DIRECTORS
       
  Mr S Manzoor
  Mr W Casey
       
       
  SECRETARY
       
  Mr S Manzoor
       
  REGISTERED OFFICE
       
  21 Park Street West
Luton,
Beds. LU1 3BE.
       
       
  COMPANY REGISTERED NUMBER
       
  05057179
       
       
  BANKERS
       
  Natwest Bank plc
       
       
  ACCOUNTANTS
       
  Haartwells Limited
  Chartered Certified Accountants
  25 Park Street West,
Luton,
Beds.LU1 3BE.
  page 1
  19 LONDON ROAD MANAGEMENT COMPANY LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 28 FEBRUARY 2024
       
       
       
       
  CONTENTS
       
  Pages
       
       
  3 Statement of Financial Position  
       
       
  4-6 Notes to the Financial Statements  
       
     
  page 2
  19 LONDON ROAD MANAGEMENT COMPANY LIMITED
  Company registered number: 05057179
  STATEMENT OF FINANCIAL POSITION AT 28 February 2024
         
    Note 2024 2023
      £ £
  FIXED ASSETS
  Property, plant and equipment 3 2,000 2,000
  CURRENT ASSETS  
  Debtors 4 2,800 400
  Cash at bank and in hand   7 725
      2,807 1,125
  CREDITORS: Amounts falling due within one year 5 8,847 6,823
  NET CURRENT LIABILITIES   (6,040) (5,698)
  NET LIABILITIES   4,040) 3,698)
     
  CAPITAL AND RESERVES
  Retained earnings   (4,040) (3,698)
  SHAREHOLDERS' FUNDS   4,040) 3,698)
     
       
       
  In approving these financial statements as directors of the company we hereby confirm the following:
       
  For the year in question the company was entitled to exemption 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 28 February 2024 in accordance with section 476 of the Companies Act 2006.
       
  The directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.
 
 
  These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies
       
  In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
       
  The financial statements were approved and authorised for issue by the board of directors on 15 November 2024
 
  Signed on behalf of the board of directors
 
       
       
 
       
  Mr S Manzoor Mr W Casey, Directors
       
       
  The notes on pages 4-6 form part of these financial statements
   
  page 3
  19 LONDON ROAD MANAGEMENT COMPANY LIMITED
  NOTES TO THE ACCOUNTS
  FOR THE YEAR ENDED 28 FEBRUARY 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES
       
         
1a. Statement of compliance
         
  19 London Road Management Company limited is a Private Limited Company incorporated in England and Wales..
         
  The company's registered number and registered office address can be found on the Company Information page.
         
  These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 March 2023.
         
  The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below. These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
         
 
         
  Basis of accounting
         
 
  The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.
         
1c. Revenue recognition
         
  Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
         
1d. Borrowing costs
         
  Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
         
 
         
1e. Taxation
         
         
  Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
       
1f. Property, plant and equipment
       
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
       
  Plant and machinery Reducing balance 25%  
  Vehicles Reducing balance 25%  
  Fixtures and fittings Reducing balance 15%  
  Equipment Reducing balance 15%  
  The notes on pages 4-6 form part of these financial statements
   
  page 4
  19 LONDON ROAD MANAGEMENT COMPANY LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 28 FEBRUARY 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES (CONT.)
         
1g. Short term debtors and creditors
         
  Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.
         
         
1h. Cash and cash equivalents
         
  Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. For the purpose of statement of cash flows, bank overdrafts which are repayable on demand form an integral part of the Company's cash management are included as a component of cash and cash equivalents.
         
 
         
1i. Employee benefits
         
  The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund.
         
         
1j. Discontinued operations
         
  A discontinued operation is a component of the Company's business, the operations and cash flows of which can be clearly distinguished from the rest of the Company and which represents a separate major line of business or geographical area of operations, or is part of a signal coordinated disposal of a separate major line of business or geographical area of operations, or is a subsidiary acquired exclusively with a review to resale.
         
         
1k. Provisions
         
  Provisions are recognised when the Company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
         
       
       
2. DIRECTORS AND EMPLOYEES
       
  The average weekly number of employees during the year were as follows:
    2024 2023
    No. No.
  Management and administration 1 1
  Production and sales 1 1
    2 2
   
  The notes on pages 4-6 form part of these financial statements
   
  page 5
  19 LONDON ROAD MANAGEMENT COMPANY LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 28 FEBRUARY 2024
       
3. PROPERTY, PLANT AND EQUIPMENT
       
    Freehold Total
    £ £
  Cost
       
  At 1 March 2023 2,000 2,000
       
  At 28 February 2024 2,000 2,000
   
  Depreciation
       
  At 28 February 2024 - -
   
  Net Book Amounts
       
  At 28 February 2024 £2,000 £2,000
  At 28 February 2023 £2,000 £2,000
   
       
       
4. DEBTORS 2024 2023
    £ £
  Trade debtors 2,800 400
    £2,800 £400
   
       
       
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
    2024 2023
    £ £
  Other creditors 7,047 3,703
  Accruals and deferred income 1,800 3,120
    £8,847 £6,823
   
       
  The notes on pages 4-6 form part of these financial statements
   
  page 6