REGISTERED NUMBER: 06326021 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Lee Court (Bristol) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs E F G Massingham

R Massingham

REGISTERED OFFICE:

St Brandon's House

27-29 Great George Street

Bristol

BS1 5QT

REGISTERED NUMBER:

06326021 (England and Wales)

CURRENT ASSETS

Cash at bank

4,498

10,274

CREDITORS

Amounts falling due within one year

4

4,498

10,274

TOTAL ASSETS LESS CURRENT LIABILITIES

-

-

RESERVES

-

-

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 surplus or deficit 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 11 September 2025 and were signed on its behalf by:

R Massingham - Director

Mrs E F G Massingham - Director

1.	STATUTORY INFORMATION

Lee Court (Bristol) Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

4,498

10,274

5.	TRUST ACCOUNT

Recent guidance has been issued on the preparation of financial statements for property management companies where the company owns the freehold of a block of flats and is the landlord for the purposes of the purposes of the 1985 Landlord and Tenant Act.

The management company does not own the transactions relating to service charge expenditure and the collection of monies from the tenant leaseholders because under Section 42 of the Landlord and Tenant Act 1987 service charges are regarded as trust funds.

Accordingly a summary of transactions in respect of those trust funds is set out below:-

2024

2023

Service charges collected

5,353

5,127

Bank interest

276

160

5,628

5,287

Lighting

521

128

Insurance

760

709

Repairs and maintenance

2,382

2,183

Gardening and cleaning

3,615

914

Accountancy charges

524

439

Sundry expenses

10

40

Bank charges

-

6

Company secretarial

565

403

Management fees

2,797

1,093

11,174

5,914

Surplus (Deficit) for the year

(5,546

)

(627

)

Surplus at start of year

9,408

10,035

Surplus at end of year

3,862

9,408

Represented by:-

Cash held by the company

4,169

9,944

Sundry debtors - prepayments

895

701

Sundry creditors - accruals

(1,017

)

(997

)

Other debtors

347

437

Supplier creditors

-

(145

)

'Reserve fund'

(532

)

(532

)

3,862

9,408