Lewis Street Management Limited 06388828 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is property management. Digita Accounts Production Advanced 6.30.9574.0 true 06388828 2023-05-01 2024-04-30 06388828 2024-04-30 06388828 core:RetainedEarningsAccumulatedLosses 2024-04-30 06388828 core:CurrentFinancialInstruments 2024-04-30 06388828 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 06388828 bus:SmallEntities 2023-05-01 2024-04-30 06388828 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 06388828 bus:FullAccounts 2023-05-01 2024-04-30 06388828 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 06388828 bus:RegisteredOffice 2023-05-01 2024-04-30 06388828 bus:Director1 2023-05-01 2024-04-30 06388828 bus:CompanyLimitedByGuarantee 2023-05-01 2024-04-30 06388828 countries:EnglandWales 2023-05-01 2024-04-30 06388828 2022-05-01 2023-04-30 06388828 2023-04-30 06388828 core:RetainedEarningsAccumulatedLosses 2023-04-30 06388828 core:CurrentFinancialInstruments 2023-04-30 06388828 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 06388828

Lewis Street Management Limited

(A company limited by guarantee)

Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Lewis Street Management Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Lewis Street Management Limited

(Registration number: 06388828)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

5,167

3,201

Cash at bank and in hand

 

337

398

 

5,504

3,599

Creditors: Amounts falling due within one year

5

(5,655)

(3,750)

Net liabilities

 

(151)

(151)

Reserves

 

Retained earnings

(151)

(151)

Deficit

 

(151)

(151)

For the financial year ending 30 April 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.

Approved and authorised by the Board on 31 January 2025 and signed on its behalf by:
 

.........................................
Mr S Ellison
Director

 

Lewis Street Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 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:
3 Verity Court
Middlewich
Cheshire
CW10 0GW

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 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 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.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

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.

 

Lewis Street Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 1).

4

Debtors

Current

2024
£

2023
£

Other debtors

5,167

3,201

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

5,655

3,750