| ROUNDACRE MANAGEMENT CO (SW 19) LTD |
| Registered number: |
12114123 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
633 |
|
|
665 |
| Cash at bank and in hand |
|
|
23,187 |
|
|
19,905 |
|
|
|
23,820 |
|
|
20,570 |
|
| Creditors: amounts falling due within one year |
4 |
|
(3,514) |
|
|
(3,145) |
|
| Net current assets |
|
|
|
20,306 |
|
|
17,425 |
|
| Net assets |
|
|
|
20,306 |
|
|
17,425 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
17 |
|
|
17 |
| Estate major repair reserve fund |
5 |
|
|
9,379 |
|
|
6,498 |
| Houses redecoration reserve fund |
5 |
|
|
10,910 |
|
|
10,910 |
|
| Shareholders' funds |
|
|
|
20,306 |
|
|
17,425 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Patrick Elwood |
| Director |
| Approved by the board on 11 September 2025 |
|
| ROUNDACRE MANAGEMENT CO (SW 19) LTD |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Income |
|
The income shown in the income and expenditure account comprises service charges receivable by the Company. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
|
|
The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL). |
|
|
|
|
|
|
2024 |
|
2023 |
|
Average number of employees |
|
|
|
|
0 |
|
0 |
|
| 3 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Prepayments and accrued income |
|
633 |
|
665 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Accruals and deferred income |
3,514 |
|
3,145 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Reserves |
|
|
Estate Major Repair Reserve Fund |
|
|
The Estate Major Repair Reserve Fund represents retained funds set aside for future large, non-regular repair and maintenance work. |
|
|
Houses Redecoration Reserve Fund |
|
|
The Houses Redecoration Reserve Fund represents funds set aside for the redecoration of the houses. |
|
| 6 |
Other information |
|
|
ROUNDACRE MANAGEMENT CO (SW 19) LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
15 Roundacre |
|
Inner Park Road |
|
London |
|
SW19 6DB |