Registered number
04471500
North Point Residential Management Company Limited
Unaudited Filleted Accounts
31 December 2024
North Point Residential Management Company Limited
Registered number: 04471500
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 6,033 8,636
Cash at bank and in hand 37,830 26,978
43,863 35,614
Creditors: amounts falling due within one year 4 (4,475) (5,288)
Net current assets 39,388 30,326
Total assets less current liabilities 39,388 30,326
Net assets 39,388 30,326
Capital and reserves
Called up share capital 17 17
Sinking fund reserve 26,484 22,484
Surplus to date 12,887 7,825
Shareholders' funds 39,388 30,326
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C Page
Director
Approved by the board on 12 February 2025
North Point Residential Management Company Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents service charges receivable in the period.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Service charge debtors - 1,000
Prepayments 6,033 7,636
6,033 8,636
4 Creditors: amounts falling due within one year 2024 2023
£ £
Creditors - 686
Service charges paid in advance 3,857 3,996
Accruals 618 606
4,475 5,288
5 Movement in sinking fund 2024 2023
£ £
Balance brought forward 22,484 18,484
Amounts paid in during the year 4,000 4,000
Amounts paid out during the year - -
26,484 22,484
6 Other information
North Point Residential Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
21 Moor Road
Far Headingley
Leeds
LS6 4BG
North Point Residential Management Company Limited 04471500 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts July 2024 C Page No description of principal activity 04471500 2023-01-01 2023-12-31 04471500 core:WithinOneYear 2023-12-31 04471500 core:ShareCapital 2023-12-31 04471500 core:RetainedEarningsAccumulatedLosses 2023-12-31 04471500 core:AfterOneYear 2023-12-31 04471500 2024-01-01 2024-12-31 04471500 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04471500 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04471500 bus:Director40 2024-01-01 2024-12-31 04471500 1 2024-01-01 2024-12-31 04471500 2 2024-01-01 2024-12-31 04471500 countries:England 2024-01-01 2024-12-31 04471500 bus:FRS102 2024-01-01 2024-12-31 04471500 bus:FilletedAccounts 2024-01-01 2024-12-31 04471500 2024-12-31 04471500 core:WithinOneYear 2024-12-31 04471500 core:ShareCapital 2024-12-31 04471500 core:RetainedEarningsAccumulatedLosses 2024-12-31 04471500 core:AfterOneYear 2024-12-31 04471500 2023-12-31 iso4217:GBP xbrli:pure