REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 November 2024 |
for |
GRANGEWAYS (PATCHAM) MANAGEMENT LIMITED |
(LIMITED BY GUARANTEE) |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Preston Park House |
South Road |
Brighton |
East Sussex |
BN1 6SB |
BANKERS: |
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 |
CREDITORS |
Amounts falling due within one year | 4 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
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 were approved by the Board of Directors and authorised for issue on |
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 |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other creditors |
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. |