| REGISTERED NUMBER: |
| ESPLANADE FLATS (HARROGATE) LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| REGISTERED NUMBER: |
| ESPLANADE FLATS (HARROGATE) LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| ESPLANADE FLATS (HARROGATE) LIMITED (REGISTERED NUMBER: 01205488) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| ESPLANADE FLATS (HARROGATE) LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Tattersall House |
| East Parade |
| Harrogate |
| North Yorkshire |
| HG1 5LT |
| ESPLANADE FLATS (HARROGATE) LIMITED (REGISTERED NUMBER: 01205488) |
| BALANCE SHEET |
| 30 SEPTEMBER 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Dilapidation reserve c/fwd | 6 |
| Retained earnings | 6 |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| ESPLANADE FLATS (HARROGATE) LIMITED (REGISTERED NUMBER: 01205488) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| 1. | STATUTORY INFORMATION |
| Esplanade Flats (Harrogate) Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Income comprises amounts receivable from Lessees in respect of service charges. Each member, as lesse, reimburses to the company as Lessor, the percentage stated in their lease of the costs and matters mentioned in the fourth schedule as a Service Charge. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Expenditure |
| The company is responsible for paying the expenditure as outlined in the Fourth schedule of the lease. |
| Other income |
| Is derived from rental income or investment income. |
| Managing agents annual declaration |
| Evans Rennie, being registered with the RICS for the purposes of regulating insurance activities is authorised to place insurance on behalf of the management company or the Landlord. As such, the Broker's commission received from Insurers (which does not affect the premium payable by Esplanade flats Harrogate ) is shared with Evans Rennie to cover the cost of handling insurance related enquiries, costs which are not included within the standard management fee. The commission received by Evans Rennie in the year was £406.38. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Other debtors |
| ESPLANADE FLATS (HARROGATE) LIMITED (REGISTERED NUMBER: 01205488) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 6. | RESERVES |
| Dilapidation |
| Retained | reserve |
| earnings | c/fwd | Totals |
| £ | £ | £ |
| At 1 October 2023 | 171,585 |
| Profit for the year |
| Provision for the year | - | 38,083 | 38,083 |
| Expenditure for the year | - | (149,535 | ) | (149,535 | ) |
| At 30 September 2024 | 62,356 |