Company Registration No. 07232129 (England and Wales)
6 Alexandra Terrace RTM Company Limited
Unaudited accounts
for the year ended 31 August 2024
6 Alexandra Terrace RTM Company Limited
Unaudited accounts
Contents
6 Alexandra Terrace RTM Company Limited
Company Information
for the year ended 31 August 2024
Directors
Sandra Hellier
Tim Neems
Christine Guildford
Secretary
Smart Estate Agent Limited
Company Number
07232129 (England and Wales)
Registered Office
Smart Estate Agent
10 Southernhay West
Exeter
Devon
EX1 1JG
England
Accountants
Morgan Barrett Accountancy
20 Church Street
Little Shelford
Cambridge
Cambridgeshire
CB22 5HG
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
6 Alexandra Terrace RTM Company Limited
for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
6 Alexandra Terrace RTM Company Limited for the year ended
31 August 2024 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of 6 Alexandra Terrace RTM Company Limited, as a body, in accordance with the terms of our engagement letter dated 19 March 2025. Our work has been undertaken solely to prepare for your approval the accounts of 6 Alexandra Terrace RTM Company Limited and state those matters that we have agreed to state to the Board of Directors of 6 Alexandra Terrace RTM Company Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 6 Alexandra Terrace RTM Company Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 6 Alexandra Terrace RTM Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of 6 Alexandra Terrace RTM Company Limited. You consider that 6 Alexandra Terrace RTM Company Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 6 Alexandra Terrace RTM Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Morgan Barrett Accountancy
Chartered Certified Accountants
20 Church Street
Little Shelford
Cambridge
Cambridgeshire
CB22 5HG
9 May 2025
6 Alexandra Terrace RTM Company Limited
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
6,024
4,932
Creditors: amounts falling due within one year
(1,365)
(655)
Net current assets
7,250
4,948
Capital contribution reserve
2,548
-
Profit and loss account
4,702
4,948
Members' funds
7,250
4,948
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 May 2025 and were signed on its behalf by
Sandra Hellier
Director
Company Registration No. 07232129
6 Alexandra Terrace RTM Company Limited
Notes to the Accounts
for the year ended 31 August 2024
6 Alexandra Terrace RTM Company Limited is a private company, limited by guarantee, registered in England and Wales, registration number 07232129. The registered office is Smart Estate Agent, 10 Southernhay West, Exeter, Devon, EX1 1JG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
The company is a not-for-profit management company and as such is only liable to corporation tax on interest received of greater than £500 in the year.
Monies maintained by FirstPort Property Services are held by way of a statutory trust, in an interest bearing no notice designated client bank account at Barclays Bank Plc., 49-51 Northumberland Street, Newcastle-upon-Tyne, NE1 7AF under the title, FirstPort Property Services Limited Client Service Charge account for 6 Alexandra Terrace.
This is in accordance with section 42 and section 42A of the Landlord and Tenant Act 1987.
Amounts falling due within one year
Accrued income and prepayments
156
-
5
Creditors: amounts falling due within one year
2024
2023
6 Alexandra Terrace RTM Company Limited
Notes to the Accounts
for the year ended 31 August 2024
6
Capital contribution reserve
The reserve funds have been established to provide a contribution to items of exceptional expenditure.
Exceptional costs may be offset on the Income & Expenditure account with a transfer from the reserve fund. If there are insufficient funds then the costs will remain as a charge to the Income & Expenditure account or an additional levy may be charged to raise the additional funds prior to, or at the time of the cost being incurred.
All the reserves in hand within a schedule will be available for any exceptional expenditure, subject to the timing and urgency of other future works.
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
The company is controlled by the directors
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).