| Grange Road Flat Management Company Limited |
| Registered number: |
06750411 |
| Balance Sheet |
| as at 30 November 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Current assets |
| Cash at bank and in hand |
|
|
6,765 |
|
|
6,112 |
|
| Creditors: amounts falling due within one year |
3 |
|
(336) |
|
|
(300) |
|
| Net current assets |
|
|
|
6,429 |
|
|
5,812 |
|
| Net assets |
|
|
|
6,429 |
|
|
5,812 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
6,429 |
|
|
5,812 |
|
| Shareholder's funds |
|
|
|
6,429 |
|
|
5,812 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mrs J Ord |
| Director |
| Approved by the board on 2 June 2025 |
|
| Grange Road Flat Management Company Limited |
| Notes to the Accounts |
| for the year ended 30 November 2024 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Unrelieved tax losses are recognised only to the extent that it is probable that they will be recovered against future taxable profits. Current tax liabilities are not discounted. |
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Other creditors |
336 |
|
300 |
|
|
|
|
|
|
|
|
|
| 4 |
Controlling party |
|
|
The Company does not have a share capital, it is limited by guarantee. |
| 5 |
Other information |
|
|
Grange Road Flat Management Company Limited is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
Flat 6 |
|
9-11 Grange Road |
|
Hartlepool |
|
TS26 8JE1 |