Registered number
10787574
QUAYSIDE RD FLATS (FREEHOLD) LIMITED
Filleted Accounts
31 May 2024
QUAYSIDE RD FLATS (FREEHOLD) LIMITED
Registered number: 10787574
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 9,633 5,159
Cash at bank and in hand 13,520 20,120
23,153 25,279
Creditors: amounts falling due within one year 4 (400) (360)
Net current assets 22,753 24,919
Total assets less current liabilities 22,753 24,919
Creditors: amounts falling due after more than one year 5 (12,385) (12,385)
Net assets 10,368 12,534
Capital and reserves
Called up share capital 17 17
Accumulated Fund 10,351 12,517
Shareholders' funds 10,368 12,534
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.
Ewan McMorris
Director
Approved by the board on 7 February 2025
QUAYSIDE RD FLATS (FREEHOLD) LIMITED
Notes to the Accounts
for the year ended 31 May 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 management services for Quayside Rd Flats (Freehold). This is exempt from UK Corporation Tax.
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.
Taxation
There is no charge to Corporation Tax as the Company is exempt being a non-profit making management services company.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2024 2023
£ £
Amounts owed. 9,633 5,159
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 400 360
5 Creditors: amounts falling due after one year 2024 2023
£ £
Trade creditors 11,009 11,009
Other creditors 1,376 1,376
12,385 12,385
6 Other information
QUAYSIDE RD FLATS (FREEHOLD) LIMITED is a private company limited by guarantee and incorporated in England. Its registered office is:
Sparkford House
73 St. Cross Road
Winchester
Hampshire
SO23 9RE
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