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REGISTERED NUMBER: 04330244 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

GRANGEWAYS (PATCHAM) MANAGEMENT LIMITED
(LIMITED BY GUARANTEE)

GRANGEWAYS (PATCHAM) MANAGEMENT LIMITED
(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 04330244)






Contents of the Financial Statements
for the year ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GRANGEWAYS (PATCHAM) MANAGEMENT LIMITED
(LIMITED BY GUARANTEE)

Company Information
for the year ended 30 November 2024







DIRECTORS: I R V Austera
L Sumoreeah
R Smith
J J Gray



REGISTERED OFFICE: 2 Grange Walk
Patcham
Brighton
East Sussex
BN1 8BL



REGISTERED NUMBER: 04330244 (England and Wales)



ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB



BANKERS: National Westminster Bank plc
PO Box 2403
8-11 Pavilion Buildings
Castle Square
Brighton
East Sussex
BN1 1DP

GRANGEWAYS (PATCHAM) MANAGEMENT LIMITED
(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 04330244)

Balance Sheet
30 November 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Cash at bank 6,524 10,650

CREDITORS
Amounts falling due within one year 4 (300 ) (300 )
NET CURRENT ASSETS 6,224 10,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,224

10,350

RESERVES
Income and expenditure account 6,224 10,350
6,224 10,350

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 February 2025 and were signed on its behalf by:





I R V Austera - Director


GRANGEWAYS (PATCHAM) MANAGEMENT LIMITED
(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 04330244)

Notes to the Financial Statements
for the year ended 30 November 2024

1. STATUTORY INFORMATION

Grangeways (Patcham) Management Limited (Limited by guarantee) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents property maintenance contributions receivable.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - NIL ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 300 300

5. MEMBERS



The liability of the members is limited.

Every member of the company undertakes to contribute to the assets of the company in the event of it being wound up while they are a member, or within one year afterwards, for payment of the debts and liabilities of the company contracted before they cease to be a member, and the costs, charges and expenses of winding up the same and for the adjustment of the rights of the contributories among themselves, such amount as may be required not exceeding five pounds.