Prestwich Flat Management Limited |
Notes to the Accounts |
for the year ended 31 March 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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The company ceased trading on 1 April 2017 did not trade during the period. It holds the freehold of the property on behalf of the participators. |
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Intangible fixed assets |
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Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Freehold buildings |
on impairment |
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Freehold land |
Nil |
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Debtors |
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Foreign currency translation |
2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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3 |
Tangible fixed assets |
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Land and buildings |
£ |
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Cost |
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At 1 April 2023 |
2,050 |
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At 31 March 2024 |
2,050 |
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Depreciation |
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At 31 March 2024 |
- |
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Net book value |
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At 31 March 2024 |
2,050 |
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At 31 March 2023 |
2,050 |
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4 |
Controlling party |
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The company is under the control of BH Property Limited. |
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5 |
Other information |
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Prestwich Flat Management Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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14 Hanover Gardens |
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Salford |
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Manchester |
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M7 4FQ |