Gordon House Management Limited 05187145 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is Management of Gordon House Digita Accounts Production Advanced 6.30.9574.0 true 05187145 2023-08-01 2024-07-31 05187145 2024-07-31 05187145 core:OtherReservesSubtotal 2024-07-31 05187145 core:RetainedEarningsAccumulatedLosses 2024-07-31 05187145 core:ShareCapital 2024-07-31 05187145 core:CurrentFinancialInstruments 2024-07-31 05187145 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 05187145 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-31 05187145 bus:SmallEntities 2023-08-01 2024-07-31 05187145 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05187145 bus:FilletedAccounts 2023-08-01 2024-07-31 05187145 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05187145 bus:RegisteredOffice 2023-08-01 2024-07-31 05187145 bus:Director3 2023-08-01 2024-07-31 05187145 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05187145 core:Land 2023-08-01 2024-07-31 05187145 countries:EnglandWales 2023-08-01 2024-07-31 05187145 2023-07-31 05187145 core:LandBuildings core:OwnedOrFreeholdAssets 2023-07-31 05187145 2022-08-01 2023-07-31 05187145 2023-07-31 05187145 core:OtherReservesSubtotal 2023-07-31 05187145 core:RetainedEarningsAccumulatedLosses 2023-07-31 05187145 core:ShareCapital 2023-07-31 05187145 core:CurrentFinancialInstruments 2023-07-31 05187145 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 05187145 core:LandBuildings core:OwnedOrFreeholdAssets 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 05187145

Gordon House Management Limited
 

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 July 2024

 

Gordon House Management Limited

(Registration number: 05187145)
Statement of Financial Position as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,500

2,500

Current assets

 

Debtors

5

412

404

Cash at bank and in hand

 

104

309

 

516

713

Creditors: Amounts falling due within one year

6

(324)

(521)

Net current assets

 

192

192

Net assets

 

2,692

2,692

Capital and reserves

 

Called up share capital

50

50

Other reserves

2,500

2,500

Income and expenditure account

142

142

Shareholders' funds

 

2,692

2,692

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:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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 director on 26 March 2025
 

.........................................
Miss A S Jewett
Director

 

Gordon House Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Gordon House, South Street, Yarmouth, Isle of Wight, PO41 0QB.

2

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

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

 

Gordon House Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

Due to the nature of the company’s activities there were no employees in the current or previous year.

4

Tangible assets

Freehold land
£

Total
£

Cost or valuation

At 1 August 2023

2,500

2,500

At 31 July 2024

2,500

2,500

Depreciation

Carrying amount

At 31 July 2024

2,500

2,500

At 31 July 2023

2,500

2,500

5

Debtors

2024
£

2023
£

Prepayments

412

404

412

404

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Accruals and deferred income

324

521