CONSERVATION MANAGEMENT LIMITED
Registered number: 01817247
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,469 2,204
Current assets
Stocks 83,211 83,211
Debtors 4 350 3,407
Cash at bank and in hand 575 1,029
84,136 87,647
Creditors: amounts falling due within one year 5 (62,569) (61,729)
Net current assets 21,567 25,918
Total assets less current liabilities 23,036 28,122
Creditors: amounts falling due after more than one year 6 (18,583) (18,583)
Net assets 4,453 9,539
Capital and reserves
Called up share capital 500 500
Profit and loss account 3,953 9,039
Shareholders' funds 4,453 9,539
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 members have 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.
S J P Lescher
Director
Approved by the board on 8 May 2025
CONSERVATION MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2025
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).
In the light of amendments pending on the rules for present value accounting for Director and Shareholder Loans (Under FRS 102) - these accounts do not reflect any adjustment to the transaction price of the loans from Directors and Shareholders. These loans will be treated as interest bearing with effect from 1st April 2017 if present value treatment is considered necessary in any future financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings over the lease term
Office Equipment 25% on reducing Balance
Fixtures & fittings 15% on reducing Balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 22,805
At 31 March 2025 22,805
Depreciation
At 1 April 2024 20,601
Charge for the year 735
At 31 March 2025 21,336
Net book value
At 31 March 2025 1,469
At 31 March 2024 2,204
4 Debtors 2025 2024
£ £
Trade debtors - 3,000
Other debtors 350 407
350 3,407
5 Creditors: amounts falling due within one year 2025 2024
£ £
Directors Current Accounts 58,155 57,155
Other taxes and social security costs 210 572
Other creditors 4,204 4,002
62,569 61,729
6 Creditors: amounts falling due after one year 2025 2024
£ £
Directors' Loan Accounts 18,583 18,583
7 Other information
CONSERVATION MANAGEMENT LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
10 Wilton Street
London
SW1X 7AF
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