Victor Jackson Avenue (Poundbury) Management Company Limited 04585874 false 2023-12-01 2024-12-31 2024-12-31 The principal activity of the company is that of the provision of property management services. Digita Accounts Production Advanced 6.30.9574.0 true 04585874 2023-12-01 2024-12-31 04585874 2024-12-31 04585874 core:ForeignCurrencyTranslationReserve 2024-12-31 04585874 core:OtherReservesSubtotal 2024-12-31 04585874 core:RetainedEarningsAccumulatedLosses 2024-12-31 04585874 core:RevaluationReserve 2024-12-31 04585874 core:ShareCapital 2024-12-31 04585874 core:CurrentFinancialInstruments 2024-12-31 04585874 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 04585874 bus:SmallEntities 2023-12-01 2024-12-31 04585874 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-12-31 04585874 bus:FullAccounts 2023-12-01 2024-12-31 04585874 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-12-31 04585874 bus:RegisteredOffice 2023-12-01 2024-12-31 04585874 bus:CompanySecretary1 2023-12-01 2024-12-31 04585874 bus:Director5 2023-12-01 2024-12-31 04585874 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-12-31 04585874 bus:Agent1 2023-12-01 2024-12-31 04585874 core:ForeignCurrencyTranslationReserve 2023-12-01 2024-12-31 04585874 core:RetainedEarningsAccumulatedLosses 2023-12-01 2024-12-31 04585874 core:RevaluationReserve 2023-12-01 2024-12-31 04585874 core:ShareCapital 2023-12-01 2024-12-31 04585874 countries:EnglandWales 2023-12-01 2024-12-31 04585874 2023-11-30 04585874 core:ForeignCurrencyTranslationReserve 2023-11-30 04585874 core:RetainedEarningsAccumulatedLosses 2023-11-30 04585874 core:RevaluationReserve 2023-11-30 04585874 core:ShareCapital 2023-11-30 04585874 2022-12-01 2023-11-30 04585874 core:OtherReservesSubtotal core:PreviouslyStatedAmount 2023-11-30 04585874 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-11-30 04585874 core:RevaluationReserve core:PreviouslyStatedAmount 2023-11-30 04585874 core:ShareCapital core:PreviouslyStatedAmount 2023-11-30 04585874 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2023-11-30 04585874 core:CurrentFinancialInstruments core:PreviouslyStatedAmount 2023-11-30 04585874 core:PreviouslyStatedAmount 2023-11-30 04585874 core:ForeignCurrencyTranslationReserve 2022-12-01 2023-11-30 04585874 core:RetainedEarningsAccumulatedLosses 2022-12-01 2023-11-30 04585874 core:RevaluationReserve 2022-12-01 2023-11-30 04585874 core:ShareCapital 2022-12-01 2023-11-30 04585874 core:PreviouslyStatedAmount 2022-12-01 2023-11-30 04585874 2022-11-30 04585874 core:ForeignCurrencyTranslationReserve 2022-11-30 04585874 core:RetainedEarningsAccumulatedLosses 2022-11-30 04585874 core:RevaluationReserve 2022-11-30 04585874 core:ShareCapital 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 04585874 (England and Wales)

Victor Jackson Avenue (Poundbury) Management Company Limited

Annual Report and Unaudited Financial Statements Period from 1 December 2023 to 31 December 2024

image-name

Chartered Accountants

 

Victor Jackson Avenue (Poundbury) Management Company Limited

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5

Statement of Changes in Equity

6

Notes to the Unaudited Financial Statements

7 to 8

 

Victor Jackson Avenue (Poundbury) Management Company Limited

Company Information

Director

C C Leach

Company secretary

Templehill Property Management Limited

Registered office

49 High West Street
Dorchester
Dorset
DT1 1UT

Accountants

Edwards and Keeping Limited
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

 

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:

C C Leach

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 director on 9 May 2025 and signed on its behalf by:




Templehill Property Management Limited
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.






Edwards and Keeping Limited
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

15 May 2025

 

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

10,584

10,584

Administrative expenses

(12,311)

(12,387)

Operating loss

(1,727)

(1,803)

Loss before tax

(1,727)

(1,803)

Taxation

-

-

Loss for the financial period

(1,727)

(1,803)

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

4

 

975

 

1,148

Cash at bank and in hand

   

17,045

 

15,830

   

18,020

 

16,978

Creditors: Amounts falling due within one year

5

 

(3,552)

 

(783)

Net assets

   

14,468

 

16,195

Capital and reserves

   

 

Called up share capital

6

 

6

 

Depreciation fund - communal

14,277

 

15,499

 

Depreciation fund - lift

185

 

690

 

Profit and loss account

-

 

-

 

 

14,468

 

16,195

 

   

14,468

 

16,195

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 members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

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 director on 9 May 2025
 


C C Leach
Director

   
     
 

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

6

690

15,499

-

16,195

Loss for the period

-

-

-

(1,727)

(1,727)

Transfers

-

(505)

(1,222)

1,727

-

At 31 December 2024

6

185

14,277

-

14,468

Share capital
£

Depreciation fund - lift
£

Depreciation fund - communal
£

Profit and loss account
£

Total
£

At 1 December 2022

6

904

17,088

-

17,998

Loss for the period

-

-

-

(1,803)

(1,803)

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
49 High West Street
Dorchester
Dorset
DT1 1UT
England

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.

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.

3

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 1 (2023 - 1).

4

Debtors

2024
£

2023
£

Prepayments

975

1,148

975

1,148

5

Creditors

2024
£

2023
£

Due within one year

Amounts received in advance from lessees

2,828

-

Other creditors

724

783

3,552

783