1 April 2023 false No description of principal activity Taxfiler 2024.6.1 10033317business:CompanyLimitedByGuarantee2023-04-012024-03-27 100333172023-03-31 100333172023-04-012024-03-27 10033317business:AuditExempt-NoAccountantsReport2023-04-012024-03-27 10033317business:FilletedAccounts2023-04-012024-03-27 100333172024-03-27 10033317business:Director12023-04-012024-03-27 10033317business:Director22023-04-012024-03-27 10033317business:Director32023-04-012024-03-27 10033317business:Director42023-04-012024-03-27 10033317business:RegisteredOffice2023-04-012024-03-27 100333172023-03-31 10033317core:WithinOneYear2024-03-27 10033317core:WithinOneYear2023-03-31 10033317core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-27 10033317core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10033317core:PreviouslyStatedAmount2024-03-27 10033317core:PreviouslyStatedAmount2023-03-31 10033317business:SmallEntities2023-04-012024-03-27 10033317countries:EnglandWales2023-04-012024-03-27 100333172022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10033317 (England and Wales)
St Helen's House Residents Management Company Limited Unaudited accounts for the period from 1 April 2023 to 27 March 2024
St Helen's House Residents Management Company Limited Unaudited accounts Contents
Page
- 2 -
St Helen's House Residents Management Company Limited Company Information for the period from 1 April 2023 to 27 March 2024
Directors
R Bullock E Bourne L Christodoulou P Gutteridge
Company Number
10033317 (England and Wales)
Registered Office
137 Newhall Street Birmingham B3 1SF England
- 3 -
St Helen's House Residents Management Company Limited Statement of financial position as at 27 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
25,000 
25,000 
Current assets
Debtors
2,525 
3,307 
Cash at bank and in hand
2,406 
- 
4,931 
3,307 
Creditors: amounts falling due within one year
(4,931)
(3,307)
Net current assets
- 
- 
Total assets less current liabilities
25,000 
25,000 
Provisions for liabilities
Deferred tax
(4,750)
(4,750)
Net assets
20,250 
20,250 
Reserves
Profit and loss account
20,250 
20,250 
Members' funds
20,250 
20,250 
For the period ending 27 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by
L Christodoulou Director Company Registration No. 10033317
- 4 -
St Helen's House Residents Management Company Limited Notes to the Accounts for the period from 1 April 2023 to 27 March 2024
1
Statutory information
St Helen's House Residents Management Company Limited is a private company, limited by guarantee, registered in England and Wales, registration number 10033317. The registered office is 137 Newhall Street, Birmingham, B3 1SF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value determined annually by the directors. No depreciation is provided. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover
Turnover represents amounts receivable in respect of ground rents charged in the period and contributions from service charge funds to meet costs of the company in excess of the ground rent charged.
Prior year adjustment
In preparing the accounts for the period ended 27 March 2024, the directors became aware that contributions from service charge funds to meet costs in excess of the ground rents demanded had previously been incorrectly accounted for. Therefore, a prior year adjustment has been included to correct the position. As a result of the prior year adjustment, profit and loss reserves have increased by £4,809 previously reported.
Profit and loss reserves
The profit and loss account represents all accumulated profits and losses since incorporation inclusive of fair value adjustments. These amounts include undistributable reserves of £20,250 (2023 : £20,250)
4
Investment property
2024 
£ 
Fair value at 1 April 2023
25,000 
At 27 March 2024
25,000 
The property was valued in 2017 by the directors on an open market valuation on the existing use basis. If the investment property had been accounted for under the historic cost basis, the property would have been held at a carrying value of £Nil.
- 5 -
St Helen's House Residents Management Company Limited Notes to the Accounts for the period from 1 April 2023 to 27 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
300 
1,350 
Accrued income and prepayments
2,225 
1,957 
2,525 
3,307 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
4,451 
2,803 
Accruals
480 
504 
4,931 
3,307 
7
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the period the average number of employees was 0 (2023: 0).
- 6 -