3 3 Easter House Management Company (Tiverton) Limited 01338730 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Property Management Digita Accounts Production Advanced 6.30.9574.0 true 01338730 2024-04-01 2025-03-31 01338730 2025-03-31 01338730 core:CurrentFinancialInstruments 2025-03-31 01338730 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 01338730 bus:SmallEntities 2024-04-01 2025-03-31 01338730 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 01338730 bus:FilletedAccounts 2024-04-01 2025-03-31 01338730 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01338730 bus:RegisteredOffice 2024-04-01 2025-03-31 01338730 bus:Director1 2024-04-01 2025-03-31 01338730 bus:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 01338730 countries:England 2024-04-01 2025-03-31 01338730 2023-04-01 2024-03-31 01338730 2024-03-31 01338730 core:CurrentFinancialInstruments 2024-03-31 01338730 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 xbrli:pure iso4217:GBP

Registration number: 01338730

Easter House Management Company (Tiverton) Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Easter House Management Company (Tiverton) Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 3

 

Easter House Management Company (Tiverton) Limited

(Registration number: 01338730)
Statement of Financial Position as at 31 March 2025

Note

2025
£

2024
£

Current assets

 

Debtors

4

67

-

Cash at bank and in hand

 

6,393

-

 

6,460

-

Creditors: Amounts falling due within one year

5

(6,460)

-

Net assets/(liabilities)

 

-

-

Reserves

 

Surplus/(deficit)

 

-

-

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 and 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 Statement of Comprehensive Income.

Approved and authorised by the Board on 5 May 2025 and signed on its behalf by:
 


Mr Robert Christian Wightmore
Director

 

Easter House Management Company (Tiverton) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a company limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
30 St Peter Street
Tiverton
Devon
EX16 6NR

Principal activity

The principal activity of the company is Property Management

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

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

 

Easter House Management Company (Tiverton) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2

Accounting policies (continued)

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4

Debtors

2025
£

2024
£

Other debtors

67

-

67

-

5

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Other creditors

6,460

-

6

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.