0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-09-01 Sage Accounts Production Advanced 2024 - FRS102_2024 241,177 241,177 241,177 xbrli:pure xbrli:shares iso4217:GBP 09166179 2023-09-01 2024-08-30 09166179 2024-08-30 09166179 2023-08-31 09166179 2022-09-01 2023-08-31 09166179 2023-08-31 09166179 2022-08-31 09166179 bus:Director4 2023-09-01 2024-08-30 09166179 core:WithinOneYear 2024-08-30 09166179 core:WithinOneYear 2023-08-31 09166179 core:RetainedEarningsAccumulatedLosses 2024-08-30 09166179 core:RetainedEarningsAccumulatedLosses 2023-08-31 09166179 core:LandBuildings core:OwnedOrFreeholdAssets 2024-08-30 09166179 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-31 09166179 bus:Director1 2023-09-01 2024-08-30 09166179 bus:SmallEntities 2023-09-01 2024-08-30 09166179 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-30 09166179 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-30 09166179 bus:CompanyLimitedByGuarantee 2023-09-01 2024-08-30 09166179 bus:FullAccounts 2023-09-01 2024-08-30
COMPANY REGISTRATION NUMBER: 09166179
Elm Court (Highgate) Freehold Limited
Company Limited by Guarantee
Filleted Unaudited Financial Statements
30 August 2024
Elm Court (Highgate) Freehold Limited
Company Limited by Guarantee
Statement of Financial Position
30 August 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
241,177
241,177
Current assets
Debtors
6
25,625
20,625
Cash at bank and in hand
1,078
3,707
--------
--------
26,703
24,332
Creditors: amounts falling due within one year
7
258,184
254,224
---------
---------
Net current liabilities
231,481
229,892
---------
---------
Total assets less current liabilities
9,696
11,285
-------
--------
Net assets
9,696
11,285
-------
--------
Service charge accumulated funds
Profit and loss account
9,696
11,285
-------
--------
Members funds
9,696
11,285
-------
--------
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 30 August 2024 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 .
Elm Court (Highgate) Freehold Limited
Company Limited by Guarantee
Statement of Financial Position (continued)
30 August 2024
These financial statements were approved by the board of directors and authorised for issue on 27 June 2025 , and are signed on behalf of the board by:
Mrs Z Lloyd-Wright
Director
Company registration number: 09166179
Elm Court (Highgate) Freehold Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 August 2024
1. General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is First Floor Lumiere, Elstree Way, Borehamwood, England, WD6 1JH.
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
4. Company limited by guarantee
The company is limited by guarantee of members and does not have a share capital. The liability of members is limited to £1.
5. Tangible assets
Freehold property
£
Cost
At 1 September 2023 and 30 August 2024
241,177
---------
Depreciation
At 1 September 2023 and 30 August 2024
---------
Carrying amount
At 30 August 2024
241,177
---------
At 31 August 2023
241,177
---------
6. Debtors
2024
2023
£
£
Trade debtors
25,625
20,625
--------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
268
223
Other creditors
257,916
254,001
---------
---------
258,184
254,224
---------
---------