Registration number:
Victor Jackson Avenue (Poundbury) Management Company Limited
Chartered Accountants
Victor Jackson Avenue (Poundbury) Management Company Limited
Contents
|
Company Information |
|
|
Director's Report |
|
|
Accountants' Report |
|
|
Profit and Loss Account |
|
|
Balance Sheet |
|
|
Statement of Changes in Equity |
|
|
Notes to the Unaudited Financial Statements |
Victor Jackson Avenue (Poundbury) Management Company Limited
Company Information
|
Director |
C C Leach |
|
Company secretary |
Templehill Property Management Limited |
|
Registered office |
|
|
Accountants |
|
Victor Jackson Avenue (Poundbury) Management Company Limited
Director's Report
for the Period from 1 December 2023 to 31 December 2024
The director presents his report and the financial statements for the period from 1 December 2023 to 31 December 2024.
Director of the company
The director who held office during the period was as follows:
Principal activity
The principal activity of the company is that of the provision of property management services.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
Company secretary
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Victor Jackson Avenue (Poundbury) Management Company Limitedfor the Period Ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Victor Jackson Avenue (Poundbury) Management Company Limited for the period ended 31 December 2024 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Victor Jackson Avenue (Poundbury) Management Company Limited, as a body, in accordance with the terms of our engagement letter dated 17 April 2025. Our work has been undertaken solely to prepare for your approval the accounts of Victor Jackson Avenue (Poundbury) Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Victor Jackson Avenue (Poundbury) Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Victor Jackson Avenue (Poundbury) Management Company Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Victor Jackson Avenue (Poundbury) Management 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 Victor Jackson Avenue (Poundbury) Management Company Limited. You consider that Victor Jackson Avenue (Poundbury) Management Company Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Victor Jackson Avenue (Poundbury) Management 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.
Chartered Accountants
34 High East Street
Dorchester
Dorset
DT1 1HA
Victor Jackson Avenue (Poundbury) Management Company Limited
Profit and Loss Account
for the Period from 1 December 2023 to 31 December 2024
|
1 December 2023 to 31 December 2024 |
Year ended 30 November 2023 |
|
|
Turnover |
|
|
|
Administrative expenses |
( |
( |
|
Operating loss |
( |
( |
|
Loss before tax |
( |
( |
|
Taxation |
- |
- |
|
Loss for the financial period |
( |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the period other than the results above.
Victor Jackson Avenue (Poundbury) Management Company Limited
(Registration number: 04585874)
Balance Sheet as at 31 December 2024
|
Note |
31 December 2024 |
30 November 2023 |
|||
|
£ |
£ |
£ |
£ |
||
|
Current assets |
|||||
|
Debtors |
|
|
|||
|
Cash at bank and in hand |
|
|
|||
|
|
|
||||
|
Creditors: Amounts falling due within one year |
( |
( |
|||
|
Net assets |
|
|
|||
|
Capital and reserves |
|||||
|
Called up share capital |
|
|
|||
|
Depreciation fund - communal |
|
|
|||
|
Depreciation fund - lift |
|
|
|||
|
Profit and loss account |
- |
- |
|||
|
|
|
||||
|
|
|
||||
For the financial period ending 31 December 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 director acknowledges his 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
|
|
Victor Jackson Avenue (Poundbury) Management Company Limited
Statement of Changes in Equity
for the Period from 1 December 2023 to 31 December 2024
|
Share capital |
Depreciation fund - lift |
Depreciation fund - communal |
Profit and loss account |
Total |
|
|
At 1 December 2023 |
|
|
|
- |
|
|
Loss for the period |
- |
- |
- |
( |
( |
|
Transfers |
- |
(505) |
(1,222) |
1,727 |
- |
|
At 31 December 2024 |
|
|
|
- |
|
|
Share capital |
Depreciation fund - lift |
Depreciation fund - communal |
Profit and loss account |
Total |
|
|
At 1 December 2022 |
|
|
|
- |
|
|
Loss for the period |
- |
- |
- |
( |
( |
|
Transfers |
- |
(214) |
(1,589) |
1,803 |
- |
|
At 30 November 2023 |
6 |
690 |
15,499 |
- |
16,195 |
Victor Jackson Avenue (Poundbury) Management Company Limited
Notes to the Unaudited Financial Statements
for the Period from 1 December 2023 to 31 December 2024
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
|
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.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, 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.
Trade debtors
Trade debtors are amounts due from residents for services performed in the ordinary course of business.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business.
Victor Jackson Avenue (Poundbury) Management Company Limited
Notes to the Unaudited Financial Statements
for the Period from 1 December 2023 to 31 December 2024
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
|
Staff numbers |
The average number of persons employed by the company during the period, was 0 (2023 - 0). The average number of directors on the board during period, was
|
Debtors |
|
2024 |
2023 |
|
|
Prepayments |
|
|
|
|
|
|
Creditors |
|
2024 |
2023 |
|
|
Due within one year |
||
|
Amounts received in advance from lessees |
|
- |
|
Other creditors |
|
|
|
|
|