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REGISTERED NUMBER: 06460856 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

MILLERS MEAD (SNETTISHAM) RESIDENTS
MANAGEMENT COMPANY LIMITED

MILLERS MEAD (SNETTISHAM) RESIDENTS
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 06460856)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


MILLERS MEAD (SNETTISHAM) RESIDENTS
MANAGEMENT COMPANY LIMITED

COMPANY INFORMATION
for the Year Ended 31st December 2024







DIRECTORS: S J Booth
G F Jennings
Mrs D L Reed
G E Martin





REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 06460856 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

MILLERS MEAD (SNETTISHAM) RESIDENTS
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 06460856)

REPORT OF THE DIRECTORS
for the Year Ended 31st December 2024

The directors present their report with the financial statements of the company for the year ended 31st December 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1st January 2024 to the date of this report.

S J Booth
G F Jennings
Mrs D L Reed
G E Martin

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





G F Jennings - Director


10th January 2025

MILLERS MEAD (SNETTISHAM) RESIDENTS
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 06460856)

INCOME STATEMENT
for the Year Ended 31st December 2024

31/12/24 31/12/23
Notes £    £   

INCOME 494 859

Service Charge Expenditure 494 859
OPERATING SURPLUS and
SURPLUS BEFORE TAXATION - -

Tax on surplus 4 - -
SURPLUS FOR THE FINANCIAL YEAR - -

MILLERS MEAD (SNETTISHAM) RESIDENTS
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 06460856)

BALANCE SHEET
31st December 2024

31/12/24 31/12/23
Notes £    £   
CURRENT ASSETS
Debtors 5 303 253
Cash at bank 13,763 13,157
14,066 13,410
CREDITORS
Amounts falling due within one year 6 14,066 13,410
TOTAL ASSETS LESS CURRENT
LIABILITIES

-

-


RESERVES - -

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 surplus or deficit 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 10th January 2025 and were signed on its behalf by:





G F Jennings - Director


MILLERS MEAD (SNETTISHAM) RESIDENTS
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 06460856)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

Millers Mead (Snettisham) Residents Management Company Limited is a private company, limited by guarantee , 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.

In line with recent guidance issued by the Financial Reporting Council the company acts as principal in relation to service charge transactions and hence these are included within the Income Statement. Cash balances and other assets representing service charge monies are held by the company on trust and hence within the Balance Sheet are offset by a corresponding amount within creditors.

Income
Income represents service charge contributions receivable which are held on trust and therefore do not constitute turnover.

Presentation of the income statement
The presentation of the Income Statement on page 3 has been modified from the prescribed format for company accounts in order to provide more information relating to the expenditure of the company.

3. EMPLOYEES AND DIRECTORS

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

4. TAXATION

Analysis of the tax charge
No liability to UK corporation tax arose for the year ended 31st December 2024 nor for the year ended 31st December 2023.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 50 -
Prepayments 253 253
303 253

MILLERS MEAD (SNETTISHAM) RESIDENTS
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 06460856)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Other creditors 13,886 13,230
Accrued expenses 180 180
14,066 13,410

7. RESERVES
Income
and
expenditure
account
£   

Surplus for the year -
At 31st December 2024 -

8. LIMITED BY GUARANTEE

The liability of the members of the company is limited by guarantee to £10 each.