| The Lamplights Management (No. 2) Limited |
| Registered number: |
02558486 |
| Directors' Report |
|
| The directors present their report and accounts for the year ended 31 December 2024. |
|
| Principal activities |
| The company's principal activity during the year continued to be that of property and estate management. The company directors are satisfied with the results of the year. |
|
| Directors |
| The following persons served as directors during the year: |
|
|
James Nicholas Ashlee |
|
Wendy Hall |
|
| Legal and administrative information |
The company is established as a company limited by guarantee, and does not have share capital.
Every member of the company undertakes to contribute such amounts as may be required (but which will not exceed £1) in the event of the company being wound up. |
|
| Small company provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
| This report was approved by the board on 11 September 2025 and signed on its behalf. |
|
|
|
|
|
| James Nicholas Ashlee |
| Director |
|
| The Lamplights Management (No. 2) Limited |
| Accountants' Report |
|
|
| Accountants' report to the directors of |
| The Lamplights Management (No. 2) Limited |
|
| You consider that the company is exempt from an audit for the year ended 31 December 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. |
| In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. |
| We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. |
|
| MD Associates |
| Accountants & Tax Advisers |
|
| Sapphire Heights Courtyard |
| 31 Tenby Street North |
| Birmingham |
| West Midlands |
| B1 3ES |
|
| 11 September 2025 |
|
| The Lamplights Management (No. 2) Limited |
| Registered number: |
02558486 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
2,701 |
|
|
749 |
| Cash at bank and in hand |
|
|
4,320 |
|
|
4,760 |
|
|
|
7,021 |
|
|
5,509 |
|
| Creditors: amounts falling due within one year |
4 |
|
(3,550) |
|
|
(727) |
|
| Net current assets |
|
|
|
3,471 |
|
|
4,782 |
|
| Net assets |
|
|
|
3,471 |
|
|
4,782 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Repairs reserve |
|
|
|
19,950 |
|
|
18,850 |
| Profit and loss account |
|
|
|
(16,479) |
|
|
(14,068) |
|
| Members' funds |
|
|
|
3,471 |
|
|
4,782 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| James Nicholas Ashlee |
| Director |
| Approved by the board on 11 September 2025 |
|
| The Lamplights Management (No. 2) Limited |
| Statement of Changes in Equity |
| for the year ended 31 December 2024 |
|
| Share |
Share |
Re- |
Repairs |
Profit |
Total |
| capital |
premium |
valuation |
reserve |
and loss |
| reserve |
account |
| £ |
£ |
£ |
£ |
£ |
£ |
|
| At 1 January 2023 |
- |
|
- |
|
- |
|
17,750 |
|
(7,833) |
|
9,917 |
|
| Loss for the financial year |
- |
|
- |
|
- |
|
- |
|
(6,235) |
|
(6,235) |
|
| Repairs reserve movement from P&L |
|
- |
|
- |
|
- |
|
1,100 |
|
- |
|
1,100 |
| Other comprehensive income for the financial year |
|
- |
|
- |
|
- |
|
1,100 |
|
- |
|
1,100 |
| Total comprehensive income for the financial year |
|
- |
|
- |
|
- |
|
1,100 |
|
(6,235) |
|
(5,135) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| At 31 December 2023 |
- |
|
- |
|
- |
|
18,850 |
|
(14,068) |
|
4,782 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| At 1 January 2024 |
- |
|
- |
|
- |
|
18,850 |
|
(14,068) |
|
4,782 |
|
| Loss for the financial year |
- |
|
- |
|
- |
|
- |
|
(2,411) |
|
(2,411) |
|
| Repairs reserve movement from P&L |
|
- |
|
- |
|
- |
|
1,100 |
|
- |
|
1,100 |
| Other comprehensive income for the financial year |
|
- |
|
- |
|
- |
|
1,100 |
|
- |
|
1,100 |
| Total comprehensive income for the financial year |
|
- |
|
- |
|
- |
|
1,100 |
|
(2,411) |
|
(1,311) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| At 31 December 2024 |
- |
|
- |
|
- |
|
19,950 |
|
(16,479) |
|
3,471 |
|
| The Lamplights Management (No. 2) Limited |
| 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). |
|
|
Service charge income |
|
Service charge income from the residents/tenants is recoverable under the purchase agreement / lease and is accounted for on an accruals basis. |
|
|
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. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
2,701 |
|
749 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Other creditors |
3,550 |
|
727 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
The Lamplights Management (No. 2) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Sapphire Heights Courtyard |
|
31 Tenby Street North |
|
Birmingham |
|
West Midlands |
|
B1 3ES |