Company registration number 05333553 (England and Wales)
INNISFREE MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
INNISFREE MANAGEMENT LIMITED
COMPANY INFORMATION
Directors
Mrs A M Forbes
Mr A E Filer
Mr R Morley
Mr J H Thompson
(Appointed 28 November 2024)
Secretary
Mr R M Forbes
Company number
05333553
Registered office
Unit 1, St Stephens Court
15-17 St Stephens Road
Bournemouth
Dorset
BH2 6LA
INNISFREE MANAGEMENT LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 4
INNISFREE MANAGEMENT LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
4
4
Current assets
Debtors
4
699
-
0
Cash at bank and in hand
4,270
382
4,969
382
Creditors: amounts falling due within one year
5
(9,160)
(2,280)
Net current liabilities
(4,191)
(1,898)
Net liabilities
(4,187)
(1,894)
Reserves
Major repair reserve
(4,191)
(1,898)
Income and expenditure account
4
4
Total members' funds
(4,187)
(1,894)
INNISFREE MANAGEMENT LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
31 March 2025
- 2 -

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 24 August 2025 and are signed on its behalf by:
Mrs A M Forbes
Director
Company registration number 05333553 (England and Wales)
INNISFREE MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Innisfree Management Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Unit 1, St Stephens Court, 15-17 St Stephens Road, Bournemouth, Dorset, BH2 6LA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

Going Concern

The accounts have been prepared on a going concern basis and the Directors do not consider that a material uncertainty about the company's going concern status currently exists. In making this assessment the Directors have considered the likely operating conditions for a period of twelve months from the date of approval of these accounts The member contributions for the 2025/26 financial year are expected both to cover the anticipated costs for the year and address the current fund deficit.

 

The principal accounting policies adopted are set out below.
1.2
Income

Income represents members and non members contributions towards outgoings.

1.3
Fixed asset investments

Other investments are initially recognised at cost. Annual impairment reviews are undertaken.

1.4
Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the income and expenditure account.
Loans and borrowings are initially recognised at the transaction price including transaction costs.  Subsequently, they are measured as amortised cost using the effective interest rate method, less impairment
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
Nil
0
Nil
0
INNISFREE MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
3
Fixed asset investments
2025
2024
£
£
Other investments other than loans
4
4

The investment represents the freehold interest in 30A, 30B, 32A and 32B Salterns Way, Lilliput, Poole.

4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Service charges recoverable
699
-
0
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
8,400
776
Accruals and deferred income
760
1,504
9,160
2,280
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