REGISTERED NUMBER: 04776289 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

WATERLOO APARTMENTS (LEEDS) MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr T Milnes

Mr R G Tennant

REGISTERED OFFICE:

1 Dock Street

Leeds

West Yorkshire

LS10 1NA

REGISTERED NUMBER:

04776289 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

5 & 6 Manor Garth

Manor Court

Scarborough

North Yorkshire

YO11 3TU

CURRENT ASSETS

Debtors

4

4,495

943

Cash at bank

35,788

31,310

40,283

32,253

CREDITORS

Amounts falling due within one year

5

8,487

9,227

NET CURRENT ASSETS

31,796

23,026

TOTAL ASSETS LESS CURRENT LIABILITIES

31,796

23,026

RESERVES

Income and expenditure account

6

31,796

23,026

31,796

23,026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 10 October 2025 and were signed on its behalf by:

Mr R G Tennant - Director

1.	STATUTORY INFORMATION

Waterloo Apartments (Leeds) Management Company 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.

Turnover

Turnover represents service charges invoiced during the period.

Debtors and creditors receivable / payable within one year

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 profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts due from tenants

2,201

943

Other debtors

2,294

-

4,495

943

All service charges due were collected shortly after the year end.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

7,557

7,404

Accrued expenses

930

1,823

8,487

9,227

6.

RESERVES

Income

and

expenditure

Reserve

account

fund

Totals

£

£

£

At 1 June 2024

23,026

-

23,026

Surplus for the year

15,394

15,394

Upgrade to smoke vent system

-

(5,964

)

(5,964

)

Fire risk assessment

-

(660

)

(660

)

Transfer between funds

(6,624

)

6,624

-

At 31 May 2025

31,796

-

31,796