ONE RESIDENTIAL MANAGEMENT (NE) LIMITED

Company Registration Number:
14708302 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 6 March 2023

End date: 31 March 2024

ONE RESIDENTIAL MANAGEMENT (NE) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ONE RESIDENTIAL MANAGEMENT (NE) LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

The principal activity of the company during the period was the management and other associated activities connected to property assets under management.



Directors

The director shown below has held office during the whole of the period from
6 March 2023 to 31 March 2024

Natalie Ellis


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
7 March 2025

And signed on behalf of the board by:
Name: Natalie Ellis
Status: Director

ONE RESIDENTIAL MANAGEMENT (NE) LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

13 months to 31 March 2024


£
Turnover: 387,102
Cost of sales: ( 312,722 )
Gross profit(or loss): 74,380
Distribution costs: 0
Administrative expenses: ( 71,849 )
Other operating income: 23,192
Operating profit(or loss): 25,723
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 25,723
Tax: ( 4,887 )
Profit(or loss) for the financial year: 20,836

ONE RESIDENTIAL MANAGEMENT (NE) LIMITED

Balance sheet

As at 31 March 2024

Notes 13 months to 31 March 2024


£
Called up share capital not paid: 100
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors: 3 1,207,532
Cash at bank and in hand: 34,386
Investments:   0
Total current assets: 1,241,918
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 4 ( 1,221,082 )
Net current assets (liabilities): 20,836
Total assets less current liabilities: 20,936
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 20,936
Capital and reserves
Called up share capital: 100
Share premium account: 0
Other reserves: 0
Profit and loss account: 20,836
Total Shareholders' funds: 20,936

The notes form part of these financial statements

ONE RESIDENTIAL MANAGEMENT (NE) LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 7 March 2025
and signed on behalf of the board by:

Name: Natalie Ellis
Status: Director

The notes form part of these financial statements

ONE RESIDENTIAL MANAGEMENT (NE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value consideration takes into account trade discounts, settlement discounts and volume rebates.

ONE RESIDENTIAL MANAGEMENT (NE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    13 months to 31 March 2024
    Average number of employees during the period 3

ONE RESIDENTIAL MANAGEMENT (NE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Debtors

13 months to 31 March 2024
£
Trade debtors 935,021
Prepayments and accrued income 0
Other debtors 272,511
Total 1,207,532
Debtors due after more than one year: 0

ONE RESIDENTIAL MANAGEMENT (NE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

13 months to 31 March 2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 577,428
Taxation and social security 42,862
Accruals and deferred income 32,447
Other creditors 568,345
Total 1,221,082