Company Registration No. 08541361 (England and Wales)
Birchside Management Limited
Unaudited accounts
for the year ended 31 March 2024
Birchside Management Limited
Unaudited accounts
Contents
Birchside Management Limited
Company Information
for the year ended 31 March 2024
Company Number
08541361 (England and Wales)
Registered Office
39 Cedarville Gardens
London
SW16 3DA
ENGLAND
Accountants
Warwick McArdle
55 Ellerton Road
London
SW18 3NQ
Birchside Management Limited
Statement of financial position
as at 31 March 2024
Investment property
829,538
985,004
Cash at bank and in hand
893
-
Creditors: amounts falling due within one year
(66,078)
(207,397)
Net current assets/(liabilities)
118,528
(207,397)
Total assets less current liabilities
948,812
778,601
Creditors: amounts falling due after more than one year
(758,825)
(758,825)
Called up share capital
1
1
Profit and loss account
189,986
19,775
Shareholders' funds
189,987
19,776
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 November 2024 and were signed on its behalf by
Mark Nicholls
Director
Company Registration No. 08541361
Birchside Management Limited
Notes to the Accounts
for the year ended 31 March 2024
Birchside Management Limited is a private company, limited by shares, registered in England and Wales, registration number 08541361. The registered office is 39 Cedarville Gardens, London, SW16 3DA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Birchside Management Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Fair value at 1 April 2023
985,004
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
27,607
Taxes and social security
57,787
-
Other creditors
6,318
6,315
Loans from directors
-
29,849
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
758,825
758,825
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Birchside Management Limited
Notes to the Accounts
for the year ended 31 March 2024
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).