IRIS Accounts Production v25.1.4.42 02133055 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh021330552023-09-30021330552024-09-30021330552023-10-012024-09-30021330552022-09-30021330552022-10-012023-09-30021330552023-09-3002133055ns15:EnglandWales2023-10-012024-09-3002133055ns14:PoundSterling2023-10-012024-09-3002133055ns10:Director12023-10-012024-09-3002133055ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3002133055ns10:SmallEntities2023-10-012024-09-3002133055ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3002133055ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3002133055ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3002133055ns10:FullAccounts2023-10-012024-09-3002133055ns10:Director22023-10-012024-09-3002133055ns10:RegisteredOffice2023-10-012024-09-3002133055ns5:CurrentFinancialInstruments2024-09-3002133055ns5:CurrentFinancialInstruments2023-09-3002133055ns5:ShareCapital2024-09-3002133055ns5:ShareCapital2023-09-3002133055ns5:SharePremium2024-09-3002133055ns5:SharePremium2023-09-3002133055ns5:FurtherSpecificReserve2ComponentTotalEquity2024-09-3002133055ns5:FurtherSpecificReserve2ComponentTotalEquity2023-09-3002133055ns5:LandBuildings2023-09-3002133055ns5:LandBuildings2024-09-3002133055ns5:LandBuildings2023-09-3002133055ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3002133055ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 02133055 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

NICESECTION RESIDENTS MANAGEMENT LIMITED

NICESECTION RESIDENTS MANAGEMENT LIMITED (REGISTERED NUMBER: 02133055)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NICESECTION RESIDENTS MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: S Miller
A E Faulkner





REGISTERED OFFICE: 11 Gowar Field
South Mimms
Potters Bar
Hertfordshire
EN6 3NT





REGISTERED NUMBER: 02133055 (England and Wales)





ACCOUNTANTS: Sproull & Co.
Chartered Accountants
First Floor, Jebsen House
53-61 High Street
Ruislip
Middlesex
HA4 7BD

NICESECTION RESIDENTS MANAGEMENT LIMITED (REGISTERED NUMBER: 02133055)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,700 2,700

CURRENT ASSETS
Debtors 5 1,071 781
Cash at bank 5,691 5,411
6,762 6,192
CREDITORS
Amounts falling due within one year 6 888 972
NET CURRENT ASSETS 5,874 5,220
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,574

7,920

CAPITAL AND RESERVES
Called up share capital 6 6
Share premium 2,694 2,694
Other reserves 5,874 5,220
SHAREHOLDERS' FUNDS 8,574 7,920

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

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.

NICESECTION RESIDENTS MANAGEMENT LIMITED (REGISTERED NUMBER: 02133055)

BALANCE SHEET - continued
30TH SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th June 2025 and were signed on its behalf by:





A E Faulkner - Director


NICESECTION RESIDENTS MANAGEMENT LIMITED (REGISTERED NUMBER: 02133055)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


1. STATUTORY INFORMATION

Nicesection Residents Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents grounds rents and service charges receivable.

Tangible fixed assets
Land and buildings are shown at cost less any accumulated depreciation and any accumulated impairment losses.

Land and buildings are depreciated over their estimated useful economic life after taking the residual value of the assets into consideration. The directors consider the residual value of the company's land and buildings to be in excess of the original cost and consequently no depreciation is provided.

The residual value of the company's assets and whether the value has been impaired are considered by the directors on an annual basis.

Taxation
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1st October 2023
and 30th September 2024 2,700
NET BOOK VALUE
At 30th September 2024 2,700
At 30th September 2023 2,700

NICESECTION RESIDENTS MANAGEMENT LIMITED (REGISTERED NUMBER: 02133055)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 270 100
Other debtors 801 681
1,071 781

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 888 972