Registered number
03233874
Number 5 Westover Road (Scarborough) Management Company Limited
Filleted Accounts
31 August 2024
Number 5 Westover Road (Scarborough) Management Company Limited
Registered number: 03233874
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 1,607 1,493
Creditors: amounts falling due within one year 3 (296) (277)
Net current assets 1,311 1,216
Net assets 1,311 1,216
Capital and reserves
Called up share capital 3 3
Profit and loss account 1,308 1,213
Shareholders' funds 1,311 1,216
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr E M Williams
Director
Approved by the board on 3 April 2025
Number 5 Westover Road (Scarborough) Management Company Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, from the tenants to cover expenditure on services provided and future maintenance costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 296 277
4 Other information
Number 5 Westover Road (Scarborough) Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
5 Westover Road
Scarborough
North Yorkshire
YO12 5AA
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