Company registration number 02760764 (England and Wales)
SPEEDCRAFT PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN
SPEEDCRAFT PROPERTIES LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
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The directors present their annual report and financial statements for the year ended 30 September 2024.
Principal activities
The principal activity of the company continued to be that of the service charge manager of the flats known as 17
Westgate Terrace, London on a non profit basis. The whole of the service and management expenses are
recoverable from the lessees in accordance with the terms of their respective leases.
Review of the business
The company acts as a trustee in respect of service charge monies collected in connection with the above
property. In accordance with accounting recommendations from ARMA (Association of Residential Managing
Agents), details of service charge monies have been excluded from the accounts as the company acts only in
a trustee capacity in this connection. Separate service charge accounts are prepared and certified.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
G M Arnaud
(Appointed 7 December 2023)
A M De Vasconcelloe-E-Sa
A Karuzaite
(Appointed 4 December 2023)
Mr M Ravden
(Appointed 19 April 2024)
N V Vo
(Appointed 21 May 2024)
S Brooks
(Resigned 1 March 2024)
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
By order of the board
Principia Estate & Asset Management Ltd
Secretary
31 March 2025
SPEEDCRAFT PROPERTIES LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
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2024
2023
£
£
£
£
Fixed assets
2,628
2,628
Capital and reserves
2,628
2,628
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
SPEEDCRAFT PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2024
30 September 2024
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Speedcraft Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Studio, 16 Cavaye Place, London, SW10 9PT.
For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 3 April 2025 and are signed on its behalf by:
A M De Vasconcelloe-E-Sa
Director
Company registration number 02760764 (England and Wales)