Silverfin false false 30/11/2024 01/12/2023 30/11/2024 Mr D R Barton 15/11/2006 21 March 2025 The principal activity of the Company for the financial year was the management of flats situated at a property known as The Compasses. 05998918 2024-11-30 05998918 bus:Director1 2024-11-30 05998918 core:CurrentFinancialInstruments 2024-11-30 05998918 core:CurrentFinancialInstruments 2023-11-30 05998918 2023-11-30 05998918 core:ShareCapital 2024-11-30 05998918 core:ShareCapital 2023-11-30 05998918 bus:OrdinaryShareClass1 2024-11-30 05998918 2023-12-01 2024-11-30 05998918 bus:FilletedAccounts 2023-12-01 2024-11-30 05998918 bus:SmallEntities 2023-12-01 2024-11-30 05998918 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 05998918 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 05998918 bus:Director1 2023-12-01 2024-11-30 05998918 2022-12-01 2023-11-30 05998918 bus:OrdinaryShareClass1 2023-12-01 2024-11-30 05998918 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 05998918 (England and Wales)

THE COMPASSES MANAGEMENT LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2024
Pages for filing with the registrar

THE COMPASSES MANAGEMENT LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2024

Contents

THE COMPASSES MANAGEMENT LIMITED

BALANCE SHEET

As at 30 November 2024
THE COMPASSES MANAGEMENT LIMITED

BALANCE SHEET (continued)

As at 30 November 2024
Note 2024 2023
£ £
Current assets
Debtors 3 23 23
23 23
Net current assets 23 23
Total assets less current liabilities 23 23
Net assets 23 23
Capital and reserves
Called-up share capital 4 23 23
Total shareholders' funds 23 23

For the financial year ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of The Compasses Management Limited (registered number: 05998918) were approved and authorised for issue by the Director on 21 March 2025. They were signed on its behalf by:

Mr D R Barton
Director
THE COMPASSES MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
THE COMPASSES MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Compasses Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Office 27 Genesis Building, 235 Union Street, Plymouth, PL1 3HN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Debtors

2024 2023
£ £
Other debtors 23 23

4. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
23 Ordinary shares of £ 1.00 each 23 23