REGISTERED NUMBER: 03987214 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 24 MARCH 2025

FOR

THE POINT (BRISTOL) MANAGEMENT COMPANY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Everett

R L Grigsby

J Martin

S Rose

Ms S C Pigott

H C Ruddle

H M Keating-Coyne

REGISTERED OFFICE:

Estate Management Office

Westgate

Caledonian Road

Bristol

BS1 6JR

REGISTERED NUMBER:

03987214 (England and Wales)

AUDITORS:

Burnside

Chartered Accountants

and Statutory Auditor

61 Queen Square

Bristol

BS1 4JZ

TOTAL ASSETS LESS CURRENT LIABILITIES

-

-

RESERVES

-

-

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 3 December 2025 and were signed on its behalf by:

P J Everett - Director

1.	STATUTORY INFORMATION

The Point (Bristol) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

The company's turnover represents the amount drawn in the year from the service charge cash received from members.

Service charge accounts

Service charge monies collected by the company are held in trust for the purpose of meeting the relevant costs in relation to The Point properties in accordance with the provisions of Section 42 of the Landlord and Tenant Act 1987.

The key accounting policies used in the preparation of the accounts are:

- A residential management company (RMC) always acts as principal when entering into transactions with third party suppliers.

- Transactions entered into with third party suppliers for the purpose of maintaining the property should be recognised in the profit and loss account of the RMC. Furthermore, the RMC should concurrently recognise income from drawings on the service charge cash received from members; and

- The cash balance arising from the service charges received from contributing members is held in statutory trust under Section 42 of the Landlord and Tenant Act 1987. It is not an asset of the company and should not be recognised in the statutory accounts. Instead it is proposed that the RMC make detailed disclosures regarding the amount of cash and other balances held in trust.

Consequently, the income from and the balances relating to the service charges collected from residents are not included in the company accounts. This information is dealt with as a separate statement of account which does not form part of the annual accounts of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen Burnside (Senior Statutory Auditor)

for and on behalf of Burnside

5.	SERVICE CHARGE ACCOUNTS

2025

2024

£

£

Debtors

18,158

16,847

Cash at bank and in hand

624,944

573,899

Creditors

(52,462

(15,467

590,640

575,279

The above information is shown in the Service Charge accounts for the year.