Registered number
02858220
105 Newbridge Road Management Company Limited
A company limited by guarantee not having a share capital
Filleted Accounts
30 April 2024
105 Newbridge Road Management Company Limited
Registered number: 02858220
A company limited by guarantee not having a share capital
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 9,904 12,976
Net current assets 9,904 12,976
Net assets 9,904 12,976
Capital and reserves
Profit and loss account 9,904 12,976
Shareholders' funds 9,904 12,976
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ms E Versino Ms P A Shellard
Director Director
Approved by the board on 31 August 2024
105 Newbridge Road Management Company Limited
A company limited by guarantee not having a share capital
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
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).
Turnover
Turnover represents the ground rents and service charges receivable from the lessees of the
company. Any surplus is carried forward to cover future expenditure.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
The company is not lible to corporation tax as any surplus is retaiined for future expenditure on the property
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Controlling party
The company is controlled by the dwelling holders who are the members (guarantors) and directors of the company.
4 Other information
105 Newbridge Road Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
6 Camerton Close
Saltford
BS31 3BT
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