Registration number:
Gordon House Management Limited
for the Year Ended 31 July 2024
Gordon House Management Limited
(Registration number: 05187145)
Statement of Financial Position as at 31 July 2024
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2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Other reserves |
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Income and expenditure account |
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Shareholders' funds |
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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.
Director's responsibilities:
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The director acknowledges her 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 provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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 Statement.
Approved and authorised by the
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Gordon House Management Limited
Notes to the Unaudited 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 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 Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
The financial statements have been prepared on the historical cost basis and are prepared in sterling, which is the functional currency of the entity.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover represents service charges and maintenance contributions received from the residents for the year in question and is derived wholly within the UK. No account has been taken of any arrears that may exist while arrangements for the management company continue to be reconciled.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The value shown in these financial statements represents the reversionary interest in the freehold land owned by the company and therefore is not depreciated.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Freehold land |
nil |
Cash and cash equivalents
Cash is represented by cash in hand and bank deposits.
Other creditors
Short term creditors are measured at the transaction price.
Financial instruments
Gordon House Management Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Due to the nature of the company’s activities there were no employees in the current or previous year.
Tangible assets |
Freehold land |
Total |
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Cost or valuation |
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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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Carrying amount |
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At 31 July 2024 |
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At 31 July 2023 |
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Debtors |
2024 |
2023 |
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Prepayments |
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Creditors |
Creditors: amounts falling due within one year
2024 |
2023 |
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Accruals and deferred income |
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