Minster Lodge (Ramsgate) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05260056 (England and Wales)

MINSTER LODGE (RAMSGATE) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Hart

SECRETARY:

M Hart

REGISTERED OFFICE:

Flat 10 Minster Lodge

Edith Road

Ramsgate

Kent

CT11 0EN

REGISTERED NUMBER:

05260056 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Tangible assets

4

5,105

CURRENT ASSETS

Debtors

5

21,594

17,832

Cash at bank

6

11,582

9,121

33,176

26,953

CREDITORS

Amounts falling due within one year

7

(2,197

)

(620

)

NET CURRENT ASSETS

30,979

26,333

TOTAL ASSETS LESS CURRENT
LIABILITIES

36,084

31,438

CAPITAL AND RESERVES

Called up share capital

12

Capital reserve

8

5,105

Major repairs reserve

8

30,967

26,321

SHAREHOLDERS' FUNDS

36,084

31,438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 31 January 2026 and were signed by:

M Hart - Director

1.	STATUTORY INFORMATION

Minster Lodge (Ramsgate) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

Turnover represents the amount of maintenance charges recoverable from the lessees.

Tangible fixed assets

The Company owns the freehold of Minster Lodge and the Directors are of the opinion that the open market value of the asset is equal to or greater than the original cost. For this reason no depreciation has been provided.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 November 2024

and 31 October 2025

5,105

NET BOOK VALUE

At 31 October 2025

5,105

At 31 October 2024

5,105

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amount held by managing agents

21,594

17,832

6.	CASH AT BANK

The balance of service charge monies at the balance sheet date are held in trust in a ring-fenced bank account per Section 42 of the Landlord and Tenants Act 1987. At the balance sheet date these funds were held at the following bank:

Clever Property Management Ltd re Minster Lodge

Held at: NatWest Bank

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Maintenance contributions

2,197

620

8.

RESERVES

Major

Retained

Capital

repairs

earnings

reserve

Totals

£

At 1 November 2024

-

5,105

26,321

31,426

Profit for the year

-

Surplus in the year

-

4,646

At 31 October 2025

-

5,105

30,967

36,072