Portland Lodge Management Limited 05181670 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is that of the day to day management of Portland Lodge flats, Lyme Regis Digita Accounts Production Advanced 6.30.9574.0 true true 05181670 2023-08-01 2024-07-31 05181670 2024-07-31 05181670 bus:SmallEntities 2023-08-01 2024-07-31 05181670 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05181670 bus:FilletedAccounts 2023-08-01 2024-07-31 05181670 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05181670 bus:RegisteredOffice 2023-08-01 2024-07-31 05181670 bus:CompanySecretary1 2023-08-01 2024-07-31 05181670 bus:Director4 2023-08-01 2024-07-31 05181670 bus:Director7 2023-08-01 2024-07-31 05181670 bus:Director8 2023-08-01 2024-07-31 05181670 bus:CompanyLimitedByGuarantee 2023-08-01 2024-07-31 05181670 countries:EnglandWales 2023-08-01 2024-07-31 05181670 2022-08-01 2023-07-31 xbrli:pure

Registration number: 05181670

Portland Lodge Management Limited

(A company limited by guarantee)

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 July 2024

 

Portland Lodge Management Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

Portland Lodge Management Limited

Company Information

Directors

Dr. G D Mead

Ms N K Ward

Ms I Anderson

Company secretary

Mr S I Jarrett

Registered office

Hillsdon House
High Street
Sidmouth
Devon
EX10 8LD

Accountants

Easterbrook Eaton Limited
Chartered Accountants
Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

 

Portland Lodge Management Limited

(Registration number: 05181670)
Abridged Balance Sheet as at 31 July 2024

2024
£

2023
£

Reserves

Surplus/(deficit)

-

-

For the financial year ending 31 July 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 November 2024 and signed on its behalf by:
 

.........................................
Dr. G D Mead
Director

 

Portland Lodge Management Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Hillsdon House
High Street
Sidmouth
Devon
EX10 8LD

These financial statements were authorised for issue by the Board on 29 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

Portland Lodge Management Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2024

4

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.