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REGISTERED NUMBER: 02516253 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

18 Buer Road Management Limited

18 Buer Road Management Limited (Registered number: 02516253)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


18 Buer Road Management Limited (Registered number: 02516253)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 2,000 2,000

Current assets
Debtors 5 1,821 1,658
Cash at bank 3,253 1,842
5,074 3,500
Creditors
Amounts falling due within one year 6 13,967 13,694
Net current liabilities (8,893 ) (10,194 )
Total assets less current liabilities (6,893 ) (8,194 )

Capital and reserves
Called up share capital 7 4 4
Revaluation reserve 8 2,000 2,000
Retained earnings (8,897 ) (10,198 )
Shareholders' funds (6,893 ) (8,194 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

18 Buer Road Management Limited (Registered number: 02516253)

Balance Sheet - continued
30 June 2024


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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 February 2025 and were signed on its behalf by:





V E Warren - Director


18 Buer Road Management Limited (Registered number: 02516253)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. Statutory information

18 Buer Road Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02516253

Registered office: 103 Wayland Avenue
Brighton
East Sussex
BN1 5JL

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for contributions to buildings maintenance costs.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Freehold buildings amounting to £2,000 (2023 - £2,000) have not been depreciated. This is a departure from the requirements of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". In the opinion of the directors the asset is shown at its minimum net realisable value.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3. Employees and directors

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

18 Buer Road Management Limited (Registered number: 02516253)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. Tangible fixed assets
Fixtures
Freehold and
property fittings Totals
£    £    £   
Cost
At 1 July 2023
and 30 June 2024 2,000 2,124 4,124
Depreciation
At 1 July 2023
and 30 June 2024 - 2,124 2,124
Net book value
At 30 June 2024 2,000 - 2,000
At 30 June 2023 2,000 - 2,000

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 1,821 1,658

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Other creditors 13,967 13,694

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary shares £1 4 4

8. Reserves
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 2,000

9. Related party disclosures

Within creditors is £13,187 (2023 - £12,962) owed to the directors.