COMPANY REGISTRATION NUMBER:
02315560
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Glanafon Management Limited |
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Company Limited by Guarantee |
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Filleted Unaudited Financial Statements |
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Glanafon Management Limited |
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Company Limited by Guarantee |
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Statement of Financial Position |
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31 March 2025
Current assets
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Cash at bank and in hand |
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6,014 |
5,906 |
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------- |
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Creditors: amounts falling due within one year |
5 |
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6,014 |
5,906 |
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------- |
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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.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
9 December 2025
, and are signed on behalf of the board by:
Company registration number:
02315560
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Glanafon Management Limited |
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Company Limited by Guarantee |
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Notes to the Financial Statements |
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Year ended 31 March 2025
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 42 Jasmin Croft, Kings Heath, Birmingham, B14 5AX.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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.
Revenue recognition
The turnover shown in the profit and loss account represents amounts receivable from the residents of Glanafon to meet the communal costs of the building.
4.
Company limited by guarantee
Every member of the company undertakes to contribute such amount as may be required (not exceeding £1) to the assets of the company if it should be wound up while he is a member or within one year after he ceases to be a member, for payment of the company's debts and liabilities contracted before he ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves.
There were six members of the company at 31st March 2025.
5.
Creditors:
amounts falling due within one year
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2025 |
2024 |
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£ |
£ |
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Payments in advance by flat-owners |
5,785 |
5,688 |
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Other creditors |
229 |
218 |
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------- |
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6,014 |
5,906 |
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------- |
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