0 01/04/2023 31/03/2024 2024-03-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-04-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 01069355 2023-04-01 2024-03-31 01069355 2024-03-31 01069355 2023-03-31 01069355 2022-04-01 2023-03-31 01069355 2023-03-31 01069355 2022-03-31 01069355 bus:Director6 2023-04-01 2024-03-31 01069355 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 01069355 core:ShareCapital 2024-03-31 01069355 core:ShareCapital 2023-03-31 01069355 core:RetainedEarningsAccumulatedLosses 2024-03-31 01069355 core:RetainedEarningsAccumulatedLosses 2023-03-31 01069355 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 01069355 bus:SmallEntities 2023-04-01 2024-03-31 01069355 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01069355 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01069355 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01069355 bus:FullAccounts 2023-04-01 2024-03-31 01069355 core:LandBuildings core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01069355 core:OtherMiscellaneousReserve 2024-03-31 01069355 core:OtherMiscellaneousReserve 2023-03-31
Company registration number: 01069355
20 ROSECROFT AVENUE TENANTS MANAGEMENT COMPANY LIMITED
Unaudited filleted financial statements
31 March 2024
20 ROSECROFT AVENUE TENANTS MANAGEMENT COMPANY LIMITED
Contents
Statement of financial position
Notes to the financial statements
20 ROSECROFT AVENUE TENANTS MANAGEMENT COMPANY LIMITED
Statement of financial position
31 March 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 2,175 2,175
_______ _______
2,175 2,175
Current assets
Debtors 5 10,952 10,952
_______ _______
10,952 10,952
Net current assets 10,952 10,952
_______ _______
Total assets less current liabilities 13,127 13,127
_______ _______
Net assets 13,127 13,127
_______ _______
Capital and reserves
Called up share capital 10 10
Other reserves 2,175 2,175
Profit and loss account 10,942 10,942
_______ _______
Shareholders funds 13,127 13,127
_______ _______
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.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 18 December 2024 , and are signed on behalf of the board by:
Martin Kingsley
Director
Company registration number: 01069355
20 ROSECROFT AVENUE TENANTS MANAGEMENT COMPANY LIMITED
Notes to the financial statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20 Rosecroft Avenue, London, NW3 7QB.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property - No depreciarion provided
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
4. Tangible assets
Freehold property Total
£ £
Cost
At 1 April 2023 and 31 March 2024 2,175 2,175
_______ _______
Depreciation
At 1 April 2023 and 31 March 2024 - -
_______ _______
Carrying amount
At 31 March 2024 2,175 2,175
_______ _______
At 31 March 2023 2,175 2,175
_______ _______
5. Debtors
2024 2023
£ £
Other debtors 10,952 10,952
_______ _______