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REGISTERED NUMBER: 04529738 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Longstop Management Limited

Longstop Management Limited (Registered number: 04529738)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Longstop Management Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mrs C M Stone
B H Dawson





REGISTERED OFFICE: Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ





REGISTERED NUMBER: 04529738 (England and Wales)

Longstop Management Limited (Registered number: 04529738)

Statement of Financial Position
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 435,000 435,000

CURRENT ASSETS
Debtors 5 31,438 31,438
NET CURRENT ASSETS 31,438 31,438
TOTAL ASSETS LESS CURRENT LIABILITIES 466,438 466,438

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 6 435,000 435,000
Retained earnings 31,436 31,436
SHAREHOLDERS' FUNDS 466,438 466,438

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:




B H Dawson - Director



Mrs C M Stone - Director


Longstop Management Limited (Registered number: 04529738)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Longstop 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 435,000
NET BOOK VALUE
At 31 October 2024 435,000
At 31 October 2023 435,000

Longstop Management Limited (Registered number: 04529738)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. INVESTMENT PROPERTY - continued

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2006 340,000
Valuation in 2011 160,000
Valuation in 2014 (65,000 )
435,000

Investment property was valued on an open market basis on 4 February 2015 by Strutt & Parker LLP .

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 2 2

Amounts falling due after more than one year:
Amounts owed by group undertakings 31,436 31,436

Aggregate amounts 31,438 31,438

6. RESERVES
Revaluation
reserve
£   
At 1 November 2023
and 31 October 2024 435,000