| Samuel Montagu Community Facilities Limited |
| Registered number: |
07776398 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
47,166 |
|
|
47,282 |
|
| Current assets |
| Debtors |
4 |
|
7,670 |
|
|
2,126 |
| Cash at bank and in hand |
|
|
97,553 |
|
|
58,847 |
|
|
|
105,223 |
|
|
60,973 |
|
| Creditors: amounts falling due within one year |
5 |
|
(155,515) |
|
|
(111,212) |
|
| Net current liabilities |
|
|
|
(50,292) |
|
|
(50,239) |
|
| Net liabilities |
|
|
|
(3,126) |
|
|
(2,957) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
(3,126) |
|
|
(2,957) |
|
| Shareholders' funds |
|
|
|
(3,126) |
|
|
(2,957) |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| Dr T Powley |
| Director |
| Approved by the board on 10 October 2025 |
|
| Samuel Montagu Community Facilities Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 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). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Land and buildings |
Nil |
|
Plant and machinery |
20% reducing balance |
|
|
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. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2024 |
46,701 |
|
3,459 |
|
50,160 |
|
At 31 March 2025 |
46,701 |
|
3,459 |
|
50,160 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
- |
|
2,878 |
|
2,878 |
|
Charge for the year |
- |
|
116 |
|
116 |
|
At 31 March 2025 |
- |
|
2,994 |
|
2,994 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
46,701 |
|
465 |
|
47,166 |
|
At 31 March 2024 |
46,701 |
|
581 |
|
47,282 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
7,670 |
|
2,126 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Taxation and social security costs |
1,527 |
|
660 |
|
Other creditors |
153,988 |
|
110,552 |
|
|
|
|
|
|
155,515 |
|
111,212 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Status |
|
|
The company is limited by guarantee and has no share capital. |
|
|
| 7 |
Controlling party |
|
|
The company has no ultimate controlling party |
|
|
| 8 |
Other information |
|
|
Samuel Montagu Community Facilities Limited is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
122 Broad Walk, |
|
Kidbrooke, |
|
London |
|
SE3 8ND |