Registration number:
33 Mayflower Road Management Limited
Unaudited Financial Statements
for the Year Ended 31 July 2024
33 Mayflower Road Management Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
33 Mayflower Road Management Limited
Company Information
Directors |
H Du Toit L Zheng |
Company secretary |
H Du Toit |
Registered office |
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33 Mayflower Road Management Limited
(Registration number: 03222044)
Balance Sheet as at 31 July 2024
Note |
2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Current assets |
- |
- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
3 |
3 |
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Share premium reserve |
3,399 |
3,399 |
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Income and expenditure account |
(462) |
(450) |
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Total equity |
2,940 |
2,952 |
33 Mayflower Road Management Limited
(Registration number: 03222044)
Balance Sheet as at 31 July 2024
For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income and Expenditure Account.
Approved and authorised by the
.........................................
H Du Toit
Director
33 Mayflower Road Management Limited
Notes to the Financial Statements for the Year Ended 31 July 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office, and its principal place of business, is:
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention. No items are disclosed in the financial statements at fair value.
The financial statements are presented in pounds sterling, which is the company’s functional currency, rounded to the nearest whole pound.
Going concern
The financial statements have been prepared on a going concern basis.
Income
The company's freehold building contains three flats. The turnover for the year represents contributions for insurance costs, repairs and maintenance, accountancy fees and Companies House filing fees received from the lessees of the flats.
Under the terms of the leases, which have a term of 99 years which commenced in 1994, the ground rent payable by each lessee is £100 per annum. The company waived the rent payable for the year covered by these financial statements.
Tangible assets
Tangible fixed assets consist of the company's freehold interest in its land and building, which was acquired in the period ended 31 July 1997.
The freehold interest is subject to the leases of the three flats in the building, referred to above. It is considered that the proportion of the cost of the freehold interest attributable to the building is negligible and the building is therefore not being depreciated. In the view of the directors, the freehold interest has not suffered any significant impairment since acquisition.
The freehold interest is not considered to be an investment property within the definition in FRS 102.
Staff numbers |
The average number of persons employed by the company during the year, including the directors, was
33 Mayflower Road Management Limited
Notes to the Financial Statements for the Year Ended 31 July 2024
Tangible assets |
Freehold land and buildings |
Total |
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Cost |
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At 1 August 2023 |
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At 31 July 2024 |
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Depreciation |
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At 1 August 2023 |
- |
- |
At 31 July 2024 |
- |
- |
Carrying amount |
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At 31 July 2024 |
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At 31 July 2023 |
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Creditors |
Creditors: amounts falling due within one year
2024 |
2023 |
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Due within one year |
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Accruals and deferred income |
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