REGISTERED NUMBER: |
REPORT OF THE DIRECTOR AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 |
FOR |
LOW MILL MANAGEMENT COMPANY LIMITED |
REGISTERED NUMBER: |
REPORT OF THE DIRECTOR AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 |
FOR |
LOW MILL MANAGEMENT COMPANY LIMITED |
LOW MILL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02602348) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31st March 2024 |
Page |
Company Information | 1 |
Report of the Director | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
LOW MILL MANAGEMENT COMPANY LIMITED |
COMPANY INFORMATION |
for the Year Ended 31st March 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Ossington Chambers |
6-8 Castle Gate |
Newark |
Nottinghamshire |
NG24 1AX |
LOW MILL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02602348) |
REPORT OF THE DIRECTOR |
for the Year Ended 31st March 2024 |
The director presents his report with the financial statements of the company for the year ended 31st March 2024. |
DIRECTORS |
The directors who have held office during the period from 1st April 2023 to the date of this report are as follows: |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
LOW MILL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02602348) |
INCOME STATEMENT |
for the Year Ended 31st March 2024 |
31/3/24 | 31/3/23 |
£ | £ |
TURNOVER |
Administrative expenses |
OPERATING DEFICIT | ( |
) | ( |
) |
Interest receivable and similar income |
DEFICIT BEFORE TAXATION | ( |
) | ( |
) |
Tax on deficit |
DEFICIT FOR THE FINANCIAL YEAR | ( |
) | ( |
) |
LOW MILL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02602348) |
BALANCE SHEET |
31st March 2024 |
31/3/24 | 31/3/23 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
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 were approved by the director and authorised for issue on |
LOW MILL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02602348) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31st March 2024 |
1. | STATUTORY INFORMATION |
Low Mill Management Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Income is included in the financial statements as it becomes receivable. |
Taxation |
The company is exempt from corporation tax, it being a company not carrying on a business for the purpose of making a profit. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Trade debtors |
Bank balances held by managing agents | 9,849 | 15,450 |
Prepayments |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Trade creditors |
Security bonds |
Service charge surplus | 7,413 | 12,564 |
Accrued expenses |
LOW MILL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02602348) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31st March 2024 |
6. | RESERVES |
Income |
and |
expenditure |
account |
£ |
Deficit for the year | ( |
) |
Transfer to/from service |
charge fund | 5,151 |
At 31st March 2024 |