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REGISTERED NUMBER: 07221687 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ARMITAGE RESIDENTIAL LIMITED

ARMITAGE RESIDENTIAL LIMITED (REGISTERED NUMBER: 07221687)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARMITAGE RESIDENTIAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr A J Armitage
Mr J A Armitage



REGISTERED OFFICE: c/o The Business Village
Innovation Way
Barnsley
South Yorkshire
S75 1JL



REGISTERED NUMBER: 07221687 (England and Wales)



ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



BANKERS: Svenska Handelsbanken
1st Floor
Copia House
Dodworth
Barnsley
S75 3SP

ARMITAGE RESIDENTIAL LIMITED (REGISTERED NUMBER: 07221687)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 7,138 5,852
7,138 5,852

CURRENT ASSETS
Debtors 6 4,066 4,016
Cash at bank and in hand 59,857 61,426
63,923 65,442
CREDITORS
Amounts falling due within one year 7 65,860 68,040
NET CURRENT LIABILITIES (1,937 ) (2,598 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,201 3,254

PROVISIONS FOR LIABILITIES 1,555 1,555
NET ASSETS 3,646 1,699

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 3,644 1,697
SHAREHOLDERS' FUNDS 3,646 1,699

ARMITAGE RESIDENTIAL LIMITED (REGISTERED NUMBER: 07221687)

BALANCE SHEET - continued
31 DECEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 and authorised for issue by the Board of Directors and authorised for issue on 1 August 2025 and were signed on its behalf by:





Mr A J Armitage - Director


ARMITAGE RESIDENTIAL LIMITED (REGISTERED NUMBER: 07221687)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Armitage Residential 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amount recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

When the outcome of a transaction can be measured reliably, commission from property lettings is recognised by reference to the rental contracts.

When the outcome of a transaction can be measured reliably, turnover from property sales is recognised by reference to the date the properties are sold.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

ARMITAGE RESIDENTIAL LIMITED (REGISTERED NUMBER: 07221687)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

ARMITAGE RESIDENTIAL LIMITED (REGISTERED NUMBER: 07221687)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 100,000
AMORTISATION
At 1 January 2024
and 31 December 2024 100,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024 19,262
Additions 3,105
Disposals (4,573 )
At 31 December 2024 17,794
DEPRECIATION
At 1 January 2024 13,410
Charge for year 1,819
Eliminated on disposal (4,573 )
At 31 December 2024 10,656
NET BOOK VALUE
At 31 December 2024 7,138
At 31 December 2023 5,852

ARMITAGE RESIDENTIAL LIMITED (REGISTERED NUMBER: 07221687)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Prepayments and accrued income 4,066 4,016

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 35,320 51,760
Corporation tax 9,255 6,381
Social security and other taxes 59 68
Pension 198 71
VAT 10,699 7,420
Directors' current accounts 8,179 365
Accruals and deferred income 2,150 1,975
65,860 68,040

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
2 Ordinary £1 2 2