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REGISTERED NUMBER: NI050498 (Northern Ireland)














Financial Statements

for the Year Ended 31 May 2024

for

ST. JOHN'S WHARF MANAGEMENT COMPANY
LIMITED

ST. JOHN'S WHARF MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: NI050498)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ST. JOHN'S WHARF MANAGEMENT COMPANY
LIMITED

Company Information
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Ms Alison Clarke
Mr Gary Mark Gordon Burns
Mr Brian McNally
Mrs Louise Hanvey



SECRETARY: Mrs Ashley Ritchie



REGISTERED OFFICE: C/o Mcguinness Fleck Ltd
7 Pattons Lane
Holywood
Co. Down
BT18 9FX



REGISTERED NUMBER: NI050498 (Northern Ireland)



ACCOUNTANTS: M.B.McGrady & Co
Chartered Accountants
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antrim
BT9 6GH



BANKERS: Danske Bank

ST. JOHN'S WHARF MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: NI050498)

Balance Sheet
31 MAY 2024

31/5/24 31/5/23
Notes £    £   
CURRENT ASSETS
Debtors 4 387,748 298,374
Cash at bank 666,092 476,249
1,053,840 774,623
CREDITORS
Amounts falling due within one year 5 1,053,772 774,555
NET CURRENT ASSETS 68 68
TOTAL ASSETS LESS CURRENT
LIABILITIES

68

68

CAPITAL AND RESERVES
Called up share capital 68 68
SHAREHOLDERS' FUNDS 68 68

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 profit or loss 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 26 February 2025 and were signed on its behalf by:





Ms Alison Clarke - Director


ST. JOHN'S WHARF MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: NI050498)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

St. John'S Wharf Management Company Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

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
The turnover shown in the income and expenditure account represents service charges in the year adjusted for any deficit or surplus.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Service charge debtors 387,748 298,374

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Service charge creditors 1,129 1,038
Reserve fund 1,045,284 760,410
Accruals and deferred income 7,359 13,107
1,053,772 774,555

6. RELATED PARTY DISCLOSURES

The company was under the control of the company shareholders throughout the current and previous year. The shareholders own property in St John's Wharf Management Company Limited.

As at 31 May 2024, the reserve fund of £1,045,284 (2023: £760,410) which is included within note 5 of the financial statements, relates to the surplus of services charges.

No further transactions with related parties were undertaken such as are required to be disclosed under FRS102 (Section 1A)