Company registration number 00534423 (England and Wales)
J MANNING PROPERTIES (WEST END) LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
J MANNING PROPERTIES (WEST END) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
J MANNING PROPERTIES (WEST END) LIMITED
BALANCE SHEET
AS AT 30 JUNE 2024
30 June 2024
- 1 -
2024
2022
Notes
£
£
£
£
Current assets
Cash at bank and in hand
547
547
Creditors: amounts falling due within one year
3
(34,481)
(34,481)
Net current liabilities
(33,934)
(33,934)
Capital and reserves
Called up share capital
4
6,000
6,000
Profit and loss reserves
(39,934)
(39,934)
Total equity
(33,934)
(33,934)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 30 April 2025 and are signed on its behalf by:
R Hofbauer
Director
Company Registration No. 00534423
J MANNING PROPERTIES (WEST END) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
- 2 -
1
Accounting policies
Company information
J Manning Properties (West End) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 282 Finchley Road, Hampstead, London, NW3 7AD.
1.1
Reporting period
The entity's reporting period is for 18 months from 1 January 2023 to 30 June 2024. The comparative figures are for 12 months period ended 31 December 2022.
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.
1.3
Going concern
The directors have prepared these financial statements on a going concern basis, not withstanding that at the balance sheet date the company's current liabilities exceeded its total assets by £33,934. The validity of the going concern basis is dependent on the continued support of the company's parent undertaking and ultimate controlling parties, who have confirmed that they will continue to provide the company with financial support for the foreseeable future and for not less than 12 months from the date of approval of these financial statements. Accordingly, the financial statements do not include any adjustments that would result from discontinuance of their financial support. On this basis, the directors consider that it is appropriate for the financial statements to be prepared on the going concern basis.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Employees
There were no employees during the year.
J MANNING PROPERTIES (WEST END) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
- 3 -
3
Creditors: amounts falling due within one year
2024
2022
£
£
Trade creditors
789
789
Amounts owed to group undertakings
33,692
33,692
34,481
34,481
4
Called up share capital
2024
2022
2024
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
6,000
6,000
6,000
6,000
5
Audit report information
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:
The auditor's report was unqualified.
Material uncertainty related to going concern
In forming our opinion on the financial statements, which is not qualified, we have considered the adequacy of the disclosures made in note 1.3 of the financial statements concerning the financial support provided by the parent company. Our opinion is not qualified in this respect. No provision for any liability that may result has been made in the financial statements.
Senior Statutory Auditor:
Rowan Lindsay
Statutory Auditor:
Gerald Edelman LLP
Date of audit report:
30 April 2025
6
Related party transactions
The company has taken advantage of the exemption in Section 1A of FRS102 to not disclose transactions entered into between two or more members of a group, provided that any subsidiary which is party to the transactions is wholly-owned by such a member.
7
Parent company
The company is a wholly owned subsidiary of Trumros Limited, a charitable company incorporated in England and Wales, which prepares consolidated accounts. Its registered address is 282 Finchley Road, Hampstead, London, NW3 7AD.
The ultimate controlling party are the directors, who are also the trustees of Trumros Limited.