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Company Registration No. 6511972 (England and Wales)
Montrose Residential Limited Unaudited accounts for the year ended 30 September 2025
Montrose Residential Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Montrose Residential Limited Company Information for the year ended 30 September 2025
Directors
Mr D M Peterman Mrs S W Peterman
Company Number
6511972 (England and Wales)
Registered Office
Old Ship House Wharfe Lane Henley on Thames Oxfordshire RG9 2LL
Accountants
ST Accountancy Ltd 8 Clappentail Park Lyme Regis Dorset DT7 3NB
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Montrose Residential Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
1,036,989
925,825
Cash at bank and in hand
142,353
139,530
1,179,342
1,065,355
Creditors: amounts falling due within one year
5
(209,203)
(187,488)
Net current assets
970,139
877,867
Net assets
970,139
877,867
Capital and reserves
Called up share capital
6
1,000
1,000
Profit and loss account
969,139
876,867
Shareholders' funds
970,139
877,867
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2026 and were signed on its behalf by
Mr D M Peterman Director Company Registration No. 6511972
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Montrose Residential Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Montrose Residential Limited is a private company, limited by shares, registered in England and Wales, registration number 6511972. The registered office is Old Ship House, Wharfe Lane, Henley on Thames, Oxfordshire, RG9 2LL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Trade debtors
Trade debtors are amounts due from students for renting accommodation in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
1,025,671
907,667
Accrued income and prepayments
9,318
16,158
Other debtors
2,000
2,000
1,036,989
925,825
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Montrose Residential Limited Notes to the Accounts for the year ended 30 September 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
131,331
92,425
Taxes and social security
75,557
92,288
Loans from directors
315
775
Accruals
2,000
2,000
209,203
187,488
Amounts not provided for in the balance sheet The total amount of financial commitments not included in the balance sheet is £3,627,778 (2024 - £3,627,778). These relate to ten bank loans in the parent company, Metro Student Accommodation Limited. There are fixed charges over the properties, which are owned by Metro Student Accommodation Limited, on nine of the loans. Four of the loans also have a fixed and floating charge over the assets of the group including Montrose Residential Limited.
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
900 Ordinary A shares of £1 each
900
900
100 Ordinary B shares of £1 each
100
100
1,000
1,000
7
Controlling party
The company's immediate parent is Metro Student Accommodation Limited, incorporated in England. Registered office address: Old Ship House, Wharfe Lane, Henley-On-Thames, RG9 2LL
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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