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Company registration number: 04858458
Braithwaite Mews Management Ltd
Unaudited filleted financial statements
31 December 2024
Braithwaite Mews Management Ltd
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Braithwaite Mews Management Ltd
Directors and other information
Director C A Young
Secretary A P Corbett
Company number 04858458
Registered office c/o Smiths Chartered Surveyors
14 Regent Street
Barnsley
S70 2HG
Accountants Cutler & Co Ltd
Brook House
Church Lane
Garforth, Leeds
LS25 1HB
Braithwaite Mews Management Ltd
Statement of financial position
31 December 2024
2024 2023
Note £ £ £ £
Current assets
Debtors 4 4,822 5,619
_______ _______
4,822 5,619
Creditors: amounts falling due
within one year 5 ( 2,273) ( 2,045)
_______ _______
Net current assets 2,549 3,574
_______ _______
Total assets less current liabilities 2,549 3,574
_______ _______
Net assets 2,549 3,574
_______ _______
Capital and reserves
Profit and loss account 2,549 3,574
_______ _______
Shareholders funds 2,549 3,574
_______ _______
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges their responsibilities for complying with the requirements of the Act 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 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.
These financial statements were approved by the board of directors and authorised for issue on 25 September 2025 , and are signed on behalf of the board by:
C A Young
Director
Company registration number: 04858458
Braithwaite Mews Management Ltd
Notes to the financial statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o Smiths Chartered Surveyors, 14 Regent Street, Barnsley, S70 2HG.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Turnover
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.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Turnover
The company's turnover arises exclusively in the UK and relates to the provision of property management.
Profits
The company does not seek to make a profit and any excess of income over expenditure is carried forward to offset future costs.
4. Debtors
2024 2023
£ £
Trade debtors 4,394 4,320
Other debtors 428 1,299
_______ _______
4,822 5,619
_______ _______
5. Creditors: amounts falling due within one year
2024 2023
£ £
Other creditors 2,273 2,045
_______ _______