Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Elaine Farrell 30/01/2016 Jennifer Opie Judyth Swift 26/08/2012 26 June 2025 The principle activity of the Company during the financial year was property management. 06610571 2024-12-31 06610571 bus:Director1 2024-12-31 06610571 bus:Director3 2024-12-31 06610571 core:CurrentFinancialInstruments 2024-12-31 06610571 core:CurrentFinancialInstruments 2023-12-31 06610571 2023-12-31 06610571 core:OtherCapitalReserve 2024-12-31 06610571 core:OtherCapitalReserve 2023-12-31 06610571 core:RetainedEarningsAccumulatedLosses 2024-12-31 06610571 core:RetainedEarningsAccumulatedLosses 2023-12-31 06610571 2024-01-01 2024-12-31 06610571 bus:FilletedAccounts 2024-01-01 2024-12-31 06610571 bus:SmallEntities 2024-01-01 2024-12-31 06610571 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 06610571 bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 06610571 bus:Director1 2024-01-01 2024-12-31 06610571 bus:Director2 2024-01-01 2024-12-31 06610571 bus:Director3 2024-01-01 2024-12-31 06610571 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Company No: 06610571 (England and Wales)

MADISON MEWS (HAYLE) MANAGEMENT COMPANY LIMITED

(A company limited by guarantee)

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

MADISON MEWS (HAYLE) MANAGEMENT COMPANY LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

MADISON MEWS (HAYLE) MANAGEMENT COMPANY LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2024
MADISON MEWS (HAYLE) MANAGEMENT COMPANY LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2024
Note 2024 2023
£ £
Current assets
Debtors 3 2,700 1,769
Cash at bank and in hand 3,885 4,977
6,585 6,746
Creditors: amounts falling due within one year 4 ( 2,615) ( 3,460)
Net current assets 3,970 3,286
Total assets less current liabilities 3,970 3,286
Net assets 3,970 3,286
Reserves
Other reserves 1,349 1,349
Profit and loss account 2,621 1,937
Total reserves 3,970 3,286

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.

Directors' responsibilities:

The financial statements of Madison Mews (Hayle) Management Company Limited (registered number: 06610571) were approved and authorised for issue by the Board of Directors on 26 June 2025. They were signed on its behalf by:

Judyth Swift
Director
MADISON MEWS (HAYLE) MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
MADISON MEWS (HAYLE) MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Madison Mews (Hayle) Management Company Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Daniell House, Falmouth Road, Truro, TR1 2HX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Debtors

2024 2023
£ £
Trade debtors 2,230 1,361
Other debtors 470 408
2,700 1,769

4. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 218 108
Other creditors 2,397 3,352
2,615 3,460

5. Liability of members

The members of the Madison Mews (Hayle) Management Company Limited have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.