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Lowerhouse Green Management Company Limited
Notes to the Financial Statements
For the year ended 31 December 2025
Lowerhouse Green Management Company Limited is a private company limited by shares and incorporated in England. The address of the registered office is Gardale House, 118b Gatley Road, Gatley, Cheadle, SK8 4AU. The company's registered number is 11170872.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
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Functional and presentational currency
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The company's functional and presentational currency is GBP.
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Estate charge income is recognised in the period it falls due.
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and others debtors and creditors and loans from/to related parties.
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The average monthly number of employees, including directors, during the year was 2 (2024 -1).
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