0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-03-01 Sage Accounts Production Advanced 2023 - FRS102_2023 3,689 3,689 3,689 xbrli:pure xbrli:shares iso4217:GBP 04678039 2024-03-01 2025-02-28 04678039 2025-02-28 04678039 2024-02-29 04678039 2023-03-01 2024-02-29 04678039 2024-02-29 04678039 2023-02-28 04678039 bus:OrdinaryShareClass1 2024-03-01 2025-02-28 04678039 bus:Director2 2024-03-01 2025-02-28 04678039 core:WithinOneYear 2025-02-28 04678039 core:WithinOneYear 2024-02-29 04678039 core:ShareCapital 2025-02-28 04678039 core:ShareCapital 2024-02-29 04678039 core:RetainedEarningsAccumulatedLosses 2025-02-28 04678039 core:RetainedEarningsAccumulatedLosses 2024-02-29 04678039 core:LandBuildings 2025-02-28 04678039 core:LandBuildings 2024-02-29 04678039 bus:SmallEntities 2024-03-01 2025-02-28 04678039 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 04678039 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 04678039 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 04678039 bus:FullAccounts 2024-03-01 2025-02-28 04678039 bus:OrdinaryShareClass1 2025-02-28 04678039 bus:OrdinaryShareClass1 2024-02-29
COMPANY REGISTRATION NUMBER: 04678039
Alma Drive Leaseholders Limited
Filleted Unaudited Financial Statements
28 February 2025
Alma Drive Leaseholders Limited
Financial Statements
Year ended 28 February 2025
Contents
Page
Statement of financial position
1
Notes to the financial statements
3
Alma Drive Leaseholders Limited
Statement of Financial Position
28 February 2025
2025
2024
Note
£
£
£
£
Fixed assets
Tangible assets
5
3,689
3,689
Current assets
Debtors
6
72
Cash at bank and in hand
371
353
----
----
371
425
Creditors: amounts falling due within one year
7
4,297
4,267
-------
-------
Net current liabilities
3,926
3,842
-------
-------
Total assets less current liabilities
( 237)
( 153)
----
----
Net liabilities
( 237)
( 153)
----
----
Capital and reserves
Called up share capital
8
4
4
Profit and loss account
( 241)
( 157)
----
----
Shareholders deficit
( 237)
( 153)
----
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Alma Drive Leaseholders Limited
Statement of Financial Position (continued)
28 February 2025
These financial statements were approved by the board of directors and authorised for issue on 19 June 2025 , and are signed on behalf of the board by:
D Weaire
Director
Company registration number: 04678039
Alma Drive Leaseholders Limited
Notes to the Financial Statements
Year ended 28 February 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Pippin Cottage, Pump Lane, Springfield, Chelmsford, Essex, CM1 6TA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements have been prepared on a going concern basis which is dependent upon the continued support of the directors. The directors have expressed their willingness to support the company for the foreseeable future by ensuring sufficient funds are available for the company to continue trading.
Revenue recognition
Turnover represents contributions from residents to meet the leasehold properties joint costs.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Average number of employees
During the year the average number of employees was 4 (2023: 4) which consisted of the directors only.
5. Tangible assets
Freehold property
£
Cost
At 1 March 2024 and 28 February 2025
3,689
-------
Depreciation
At 1 March 2024 and 28 February 2025
-------
Carrying amount
At 28 February 2025
3,689
-------
At 29 February 2024
3,689
-------
6. Debtors
2025
2024
£
£
Corporation tax repayable
72
----
----
7. Creditors: amounts falling due within one year
2025
2024
£
£
Accruals and deferred income
630
600
Shareholders loan
3,667
3,667
-------
-------
4,297
4,267
-------
-------
The shareholders loan was made when the freehold was purchased. The loan is interest free and only repayable at the discretion of the directors, or in the event of the freehold property being sold and the company wound up.
8. Called up share capital
Issued, called up and fully paid
2025
2024
No.
£
No.
£
Ordinary shares of £ 1 each
4
4
4
4
----
----
----
----