COMPANY REGISTRATION NUMBER:
15860405
|
Block 7 Management Company Ltd |
|
|
Unaudited Financial Statements |
|
|
Block 7 Management Company Ltd |
|
Year ended 31 July 2025
|
Statement of comprehensive income |
2 |
|
|
|
Statement of financial position |
3 |
|
|
|
Statement of changes in equity |
4 |
|
|
|
Notes to the financial statements |
5 |
|
|
The following pages do not form part of the financial statements
|
Chartered accountants and business advisers report to the director on the preparation of the unaudited statutory financial statements |
8 |
|
|
|
Block 7 Management Company Ltd |
|
Year ended 31 July 2025
The director presents his report and the unaudited financial statements of the company for the year ended
31 July 2025
.
Director
The director who served the company during the year was as follows:
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
11 January 2026
and signed on behalf of the board by:
|
Registered office: |
|
Apartment 2 Block 7 |
|
St. Anns Apartments |
|
Augusta Street |
|
Llandudno |
|
Wales |
|
LL30 2AE |
|
|
Block 7 Management Company Ltd |
|
|
Statement of Comprehensive Income |
|
Year ended 31 July 2025
|
2025 |
|
Note |
£ |
|
Turnover |
13,372 |
|
|
|
-------- |
|
Gross profit |
13,372 |
|
|
|
Administrative expenses |
7,573 |
|
-------- |
|
Operating profit |
5,799 |
|
|
|
-------- |
|
Profit before taxation |
5,799 |
|
|
|
Tax on profit |
– |
|
------- |
|
Profit for the financial year and total comprehensive income |
5,799 |
|
------- |
|
|
All the activities of the company are from continuing operations.
The company has no other recognised items of income and expenses other than the results for the year as set out above.
|
Block 7 Management Company Ltd |
|
|
Statement of Financial Position |
|
31 July 2025
Current assets
|
Debtors |
4 |
2,851 |
|
Cash at bank and in hand |
4,866 |
|
------- |
|
7,717 |
|
|
|
|
Creditors: amounts falling due within one year |
5 |
1,917 |
|
------- |
|
Net current assets |
5,800 |
|
------- |
|
Total assets less current liabilities |
5,800 |
|
------- |
|
Net assets |
5,800 |
|
------- |
|
|
|
Capital and reserves
|
Called up share capital |
1 |
|
Profit and loss account |
5,799 |
|
------- |
|
Shareholder funds |
5,800 |
|
------- |
|
|
These financial statements have been prepared 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'.
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his 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
11 January 2026
, and are signed on behalf of the board by:
Company registration number:
15860405
|
Block 7 Management Company Ltd |
|
|
Notes to the Financial Statements |
|
Year ended 31 July 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Apartment 2 Block 7, St. Anns Apartments, Augusta Street, Llandudno, LL30 2AE, Wales.
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.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Financial instruments
The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.
4.
Debtors
|
2025 |
|
£ |
|
Other debtors |
2,851 |
|
------- |
|
|
5.
Creditors:
amounts falling due within one year
|
2025 |
|
£ |
|
Other creditors |
1,917 |
|
------- |
|
|
6.
Director's advances, credits and guarantees
The director operated a loan account with the company in the year. The opening balance of the account was £Nil owed to the director with movement in the period resulting in a closing balance of £999 owed to the director at the year end. The loan is currently interest free but repayable on demand.
|
Block 7 Management Company Ltd |
|
Year ended 31 July 2025
The following pages do not form part of the financial statements.
|
Block 7 Management Company Ltd |
|
|
Chartered Accountants and Business Advisers Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
Block 7 Management Company Ltd |
|
Year ended 31 July 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Block 7 Management Company Ltd for the year ended 31 July 2025, which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Block 7 Management Company Ltd in accordance with the terms of our engagement letter dated 29 July 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Block 7 Management Company Ltd and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Block 7 Management Company Ltd and its director for our work or for this report.
It is your duty to ensure that Block 7 Management Company Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Block 7 Management Company Ltd. You consider that Block 7 Management Company Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Block 7 Management Company Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
BRUCE ROBERTS & CO LIMITED
Chartered Accountants and Business Advisers
Unit 10, Edison Court
Ellice Way
Wrexham Technology Park
Wrexham
LL13 7YT
11 January 2026