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REGISTERED NUMBER: 10640481 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

LONG STREET MANAGEMENT LIMITED

LONG STREET MANAGEMENT LIMITED (REGISTERED NUMBER: 10640481)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LONG STREET MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: W M J Kelly





REGISTERED OFFICE: 12 Conqueror Court
Sittingbourne
Kent
ME10 5BH





REGISTERED NUMBER: 10640481 (England and Wales)





ACCOUNTANTS: Xeinadin South East Limited
12 Conqueror Court
Sittingbourne
Kent
ME10 5BH

LONG STREET MANAGEMENT LIMITED (REGISTERED NUMBER: 10640481)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 6,908 911

CREDITORS
Amounts falling due within one year 5 7,004 3,271
NET CURRENT LIABILITIES (96 ) (2,360 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(96

)

(2,360

)

RESERVES
Income and expenditure account (96 ) (2,360 )
(96 ) (2,360 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 4 March 2025 and were signed by:





W M J Kelly - Director


LONG STREET MANAGEMENT LIMITED (REGISTERED NUMBER: 10640481)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Long Street Management Limited 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.

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 is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of property management services and is recognised by reference to the period in which the services were provided to the extent income is recoverable.

Financial instruments
Financial assets - trade and other debtors are basic financial instruments and debt instruments measured at fair value through the Income Statement and are measured subsequently at amortised cost. Prepayments are not financial instruments.

Cash comprises cash at bank, in hand and short term deposits with an original maturity date of three months or less. Cash at bank is measured at face value.

Financial liabilities - trade creditors and other creditors are measured initially at fair value through the Income Statement and are measured subsequently at amortised cost.

Taxation
The management company is not subject to tax provided the following apply:

The company’s business consists of the management, on a non-profit making basis, of a block(s) of flats or apartments for the owners, lessees or tenants of the flats or apartments.
The company’s articles of association contain rules to ensure only the persons having an interest in the property under management own the shares in the company.
The company must not be entitled to receive any income from an interest in land.
The company must pay no dividend or make any other distribution of profit.

Prepayments
Costs paid for in advance are recorded as prepayment assets and release to the income statement by referenced to the period covered.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 6,908 911

LONG STREET MANAGEMENT LIMITED (REGISTERED NUMBER: 10640481)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 839 840
Other creditors 6,165 2,431
7,004 3,271

6. LIMITED BY GUARANTEE

The company is a company limited by guarantee , without share capital, and therefore the director has no shares in the company. The company's Articles of Association prohibit the distribution of profit to the members.