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18V Management Limited

Unaudited Financial Statements for the Year Ended 8 January 2024






18V Management Limited (Registered number: 09155785)






Contents of the Financial Statements
for the Year Ended 8 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


18V Management Limited

Company Information
for the Year Ended 8 January 2024







DIRECTORS: S Farage
S Kelsi
M Meshita





REGISTERED OFFICE: Point Properties
182a-184a Smithdown Road
Liverpool
Merseyside
L15 3JR





REGISTERED NUMBER: 09155785 (England and Wales)





ACCOUNTANTS: Matthews Sutton & Co Ltd
Chartered Certified Accountants
48 - 52 Penny Lane
Mossley Hill
Liverpool
Merseyside
L18 1DG

18V Management Limited (Registered number: 09155785)

Balance Sheet
8 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 375,000 375,000

CURRENT ASSETS
Debtors 5 9,194 -
Cash at bank 18,517 34,938
27,711 34,938
CREDITORS
Amounts falling due within one year 6 151,450 179,657
NET CURRENT LIABILITIES (123,739 ) (144,719 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

251,261

230,281

PROVISIONS FOR LIABILITIES 22,803 22,803
NET ASSETS 228,458 207,478

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 63,247 63,247
Retained earnings 165,111 144,131
SHAREHOLDERS' FUNDS 228,458 207,478

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 8 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 8 January 2024 in accordance with Section 476 of the Companies Act 2006.

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 profit or loss 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 December 2024 and were signed on its behalf by:



S Farage - Director


18V Management Limited (Registered number: 09155785)

Notes to the Financial Statements
for the Year Ended 8 January 2024

1. STATUTORY INFORMATION

18V Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced rents received, excluding value added tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 9 January 2023
and 8 January 2024 375,000
NET BOOK VALUE
At 8 January 2024 375,000
At 8 January 2023 375,000

Investments properties were valued using market data by the director on 08/01/2024.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,194 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,475 482
Taxation and social security 6,919 14,851
Other creditors 136,056 164,324
151,450 179,657

18V Management Limited (Registered number: 09155785)

Notes to the Financial Statements - continued
for the Year Ended 8 January 2024

7. RESERVES
Fair
value
reserve
£   
At 9 January 2023
and 8 January 2024 63,247

8. ULTIMATE CONTROLLING PARTY

By virtue of the share ownership split of the company, it is the opinion of the directors that there is no ultimate controlling party.