| High Mount (Management) Limited |
| Registered number: |
00945828 |
| Balance Sheet |
| as at 24 March 2025 |
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| Notes |
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|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
124 |
|
|
173,351 |
| Cash at bank and in hand |
|
|
- |
|
|
346,725 |
|
|
|
124 |
|
|
520,076 |
|
| Creditors: amounts falling due within one year |
4 |
|
- |
|
|
(146,087) |
|
| Net current assets |
|
|
|
124 |
|
|
373,989 |
|
| Total assets less current liabilities |
|
|
|
124 |
|
|
373,989 |
|
| Provisions for liabilities |
|
|
|
- |
|
|
(373,865) |
|
| Net assets |
|
|
|
124 |
|
|
124 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
124 |
|
|
124 |
|
| Shareholders' funds |
|
|
|
124 |
|
|
124 |
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|
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|
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|
| 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. |
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|
| A Makwana |
S Shah |
| Director |
Director |
| Approved by the board on 1 September 2025 |
|
| High Mount (Management) Limited |
| Notes to the Accounts |
| for the year ended 24 March 2025 |
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| 1 |
Accounting policies |
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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 charges |
|
The company is responsible for the management of the common parts in accordance with the leases and collects service charges from lessees in order to fund expenditure incurred in the management of the property. These service charge funds are held in trust for the lessees as required by the Landlord & Tenant Act 1987. Transactions relating to the management of the property are reported separately to the lessees and are excluded from the company's financial statements. |
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Debtors |
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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. |
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Creditors |
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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. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
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|
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|
|
|
| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
124 |
|
122,473 |
|
Prepayments |
- |
|
50,878 |
|
|
|
|
|
|
124 |
|
173,351 |
|
|
|
|
|
|
|
|
|
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| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
- |
|
81,021 |
|
Corporation tax |
|
|
|
|
- |
|
3,993 |
|
Other taxation and social security costs |
- |
|
600 |
|
Other creditors |
- |
|
10,174 |
|
Accruals and deferred income |
- |
|
50,299 |
|
|
|
|
|
|
- |
|
146,087 |
|
|
|
|
|
|
|
|
|
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| 5 |
Provisions for liabilities and charges |
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|
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Balance |
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Surplus/ |
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|
|
Balance |
|
|
brought |
|
(deficit)/for |
|
|
|
carried |
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|
forward |
|
this period |
|
Transfers |
|
forward |
| £ |
£ |
£ |
£ |
|
Reserve transfer |
373,865 |
|
- |
|
(373,865) |
|
- |
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|
At 24 March 2025 |
373,865 |
|
- |
|
(373,865) |
|
- |
|
|
|
|
|
|
|
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| 6 |
Companies Act 2006 |
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In certain instances these financial statements do not use the terminology laid down by the Companies Act 2006. However, such departures give a better understanding of the results and fulfil the requirement to show a true and fair view. |
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| 7 |
Transfer of Assets and Liabilities |
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On 1 April 2024, the collection of service charges and the related expenditure, assets and liabilities were transferred to a separate Service Charge Statement of Account which will be reported on under the Landlord & Tenant Act 1985. Since that date, the company has remained dormant. |
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| 8 |
Other information |
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High Mount (Management) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Fisher House |
|
84 Fisherton Street |
|
SP2 7QY |