Silverfin true false 31/12/2024 31/12/2024 01/01/2024 no description of principal activity Andrew Clark 16/11/2000 Barbara Stephanie Lys Noll 25/10/2024 16/11/2000 02772918 2024-12-31 02772918 bus:Director1 2024-12-31 02772918 bus:Director2 2024-12-31 02772918 2023-12-31 02772918 core:CurrentFinancialInstruments 2024-12-31 02772918 core:CurrentFinancialInstruments 2023-12-31 02772918 2024-01-01 2024-12-31 02772918 bus:Micro-entities 2024-01-01 2024-12-31 02772918 bus:FullAccounts 2024-01-01 2024-12-31 02772918 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 02772918 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02772918 bus:Director1 2024-01-01 2024-12-31 02772918 bus:Director2 2024-01-01 2024-12-31 02772918 2023-01-01 2023-12-31 02772918 dpl:Item1 2024-01-01 2024-12-31 02772918 dpl:Item1 2023-01-01 2023-12-31 02772918 dpl:AdministrativeExpenses 2024-01-01 2024-12-31 02772918 dpl:AdministrativeExpenses 2023-01-01 2023-12-31 02772918 dpl:AdministrativeExpenses dpl:Item1 2024-01-01 2024-12-31 02772918 dpl:AdministrativeExpenses dpl:Item1 2023-01-01 2023-12-31 02772918 dpl:AdministrativeExpenses dpl:Item2 2024-01-01 2024-12-31 02772918 dpl:AdministrativeExpenses dpl:Item2 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Company No: 02772918 (England and Wales)

# THE GROVE (IPSWICH) MANAGEMENT CO LTD

### Annual Report and Unaudited Financial Statements
For the financial year ended 31 December 2024

THE GROVE (IPSWICH) MANAGEMENT CO LTD

## ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

For the financial year ended 31 December 2024

Contents

THE GROVE (IPSWICH) MANAGEMENT CO LTD

## COMPANY INFORMATION

For the financial year ended 31 December 2024
THE GROVE (IPSWICH) MANAGEMENT CO LTD

## COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024

DIRECTOR | Andrew Clark
| Barbara Stephanie Lys Noll (Resigned 25 October 2024)

SECRETARY | Richard Hawkins Ltd

REGISTERED OFFICE | Richard Hawkins Ltd Archdeacon's House
| Northgate Street
| Ipswich
| IP1 3BX
| United Kingdom

COMPANY NUMBER | 02772918 (England and Wales)

CHARTERED ACCOUNTANTS | Gascoynes
| Gascoyne House
| Moseleys Farm Business Centre
| Fornham All Saints
| Bury St Edmunds
| Suffolk
| IP28 6JY

THE GROVE (IPSWICH) MANAGEMENT CO LTD

## DIRECTOR'S REPORT

For the financial year ended 31 December 2024
THE GROVE (IPSWICH) MANAGEMENT CO LTD

## DIRECTOR'S REPORT

For the financial year ended 31 December 2024

DIRECTORS

The directors who served during the financial year and since the financial year end were as follows:

Andrew Clark |
Barbara Stephanie Lys Noll | (Resigned 25 October 2024)

The Director's Report has been prepared taking advantage of the small companies’ exemption of section 415A of the Companies Act 2006.

Approved and signed on:

Andrew Clark Director |

04 June 2025

THE GROVE (IPSWICH) MANAGEMENT CO LTD

## DIRECTOR'S RESPONSIBILITIES STATEMENT

For the financial year ended 31 December 2024
THE GROVE (IPSWICH) MANAGEMENT CO LTD

## DIRECTOR'S RESPONSIBILITIES STATEMENT (continued)

For the financial year ended 31 December 2024

The director is responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless the director is satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that financial period.

In preparing these financial statements, the director is required to:
* Select suitable accounting policies and then apply them consistently;
* Make judgements and accounting estimates that are reasonable and prudent; and
* Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company’s transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable the director to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

## ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE GROVE (IPSWICH) MANAGEMENT CO LTD

For the financial year ended 31 December 2024

## ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE GROVE (IPSWICH) MANAGEMENT CO LTD (continued)

For the financial year 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 financial statements of The Grove (Ipswich) Management Co Ltd for the financial year ended 31 December 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes 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 www.icaew.com/regulation.
It is your duty to ensure that The Grove (Ipswich) Management Co Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Grove (Ipswich) Management Co Ltd. You consider that The Grove (Ipswich) Management Co Ltd is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of The Grove (Ipswich) Management Co Ltd. 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 financial statements.

This report is made solely to the Director of The Grove (Ipswich) Management Co Ltd, as a body, in accordance with our terms and conditions. Our work has been undertaken solely to prepare for your approval the financial statements of The Grove (Ipswich) Management Co Ltd and state those matters that we have agreed to state to you in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Grove (Ipswich) Management Co Ltd and its Director as a body for our work or for this report.

Gascoynes
Chartered Accountants

Gascoyne House
Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
Suffolk
IP28 6JY

04 June 2025

THE GROVE (IPSWICH) MANAGEMENT CO LTD

## PROFIT AND LOSS ACCOUNT

For the financial year ended 31 December 2024
THE GROVE (IPSWICH) MANAGEMENT CO LTD

## PROFIT AND LOSS ACCOUNT (continued)

For the financial year ended 31 December 2024

|  | 2024 |  | 2023
|  | £ |  | £
Turnover |  | 11,520 |  | 10,080
Other income |  | 154 |  | 74
Other charges |  | ( 12,416) |  | ( 9,735)
(Loss)/profit for the financial year |  | ( 742) |  | 419

THE GROVE (IPSWICH) MANAGEMENT CO LTD

## BALANCE SHEET

As at 31 December 2024
THE GROVE (IPSWICH) MANAGEMENT CO LTD

## BALANCE SHEET (continued)

For the financial year ended 31 December 2024

|  | 2024 |  | 2023
|  | £ |  | £
Current assets |  | 11,820 |  | 12,442
Creditors: amounts falling due within one year |  | ( 3,060) |  | ( 2,940)
Net current assets |  | 8,760 |  | 9,502
Total assets less current liabilities |  | 8,760 |  | 9,502
Accruals and deferred income |  | ( 570) |  | ( 570)
Net assets |  | 8,190 |  | 8,932
Capital and reserves |  | 8,190 |  | 8,932

For the financial year 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 financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements;
- These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

The financial statements of The Grove (Ipswich) Management Co Ltd (registered number: 02772918) were approved and authorised for issue by the director on 04 June 2025 and were signed on its behalf by:

Andrew Clark Director |

THE GROVE (IPSWICH) MANAGEMENT CO LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
THE GROVE (IPSWICH) MANAGEMENT CO LTD

## NOTES TO THE FINANCIAL STATEMENTS (continued)

For the For the financial year ended 31 December 2024

#### 1. Company information

The Company is a private company limited by shares and is incorporated in the United Kingdom and registered in England and Wales (Company no. 02772918). The address of its registered office is Richard Hawkins Ltd Archdeacon's House, Northgate Street, Ipswich, IP1 3BX, United Kingdom.

#### 2. Employees

| 2024 |  | 2023
| Number |  | Number
Monthly average number of persons employed by the Company during the financial year, including the director | 2 |  | 2

THE GROVE (IPSWICH) MANAGEMENT CO LTD

## DETAILED PROFIT AND LOSS ACCOUNT

For the financial year ended 31 December 2024
THE GROVE (IPSWICH) MANAGEMENT CO LTD

## DETAILED PROFIT AND LOSS ACCOUNT (continued)

For the financial year ended 31 December 2024

| 2024 |  | 2023
| £ |  | £
Turnover |  |  |
Service charge demands | 11,520 |  | 10,080
Other income |  |  |
Bank interest receivable | 154 |  | 74
Other charges |  |  |
Management fees | ( 1,800) |  | ( 1,620)
Grounds maintenance | ( 1,351) |  | ( 1,351)
Cleaning including window cleaning | ( 2,020) |  | ( 2,020)
Printing, postage and stationery | ( 14) |  | ( 2)
Buildings insurance | ( 2,089) |  | ( 1,830)
Repairs and maintenance | ( 1,364) |  | ( 844)
Accountancy fees | ( 660) |  | ( 381)
Intercom | ( 260) |  | ( 240)
Data protection | ( 55) |  | ( 50)
Electricity | ( 1,178) |  | ( 1,036)
Health and safety | ( 1,625) |  | ( 361)
| (12,416) |  | (9,735)
| ( 742) |  | 419