COMPANY REGISTRATION NUMBER:
15860405
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Block 7 Management Company Ltd |
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Filleted Unaudited Financial Statements |
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Block 7 Management Company Ltd |
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Statement of Financial Position |
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31 July 2026
Current assets
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Debtors |
4 |
2,731 |
2,851 |
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Cash at bank and in hand |
5,823 |
4,866 |
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------- |
------- |
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8,554 |
7,717 |
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Creditors: amounts falling due within one year |
5 |
1,499 |
1,917 |
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------- |
------- |
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Net current assets |
7,055 |
5,800 |
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------- |
------- |
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Total assets less current liabilities |
7,055 |
5,800 |
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------- |
------- |
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Net assets |
7,055 |
5,800 |
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------- |
------- |
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Capital and reserves
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Called up share capital |
1 |
1 |
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Profit and loss account |
7,054 |
5,799 |
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------- |
------- |
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Shareholder funds |
7,055 |
5,800 |
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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 comprehensive income has not been delivered.
For the year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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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
;
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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
26 October 2026
, and are signed on behalf of the board by:
Company registration number:
15860405
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Block 7 Management Company Ltd |
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Notes to the Financial Statements |
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Year ended 31 July 2026
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
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2026 |
2025 |
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£ |
£ |
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Other debtors |
2,731 |
2,851 |
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------- |
------- |
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5.
Creditors:
amounts falling due within one year
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2026 |
2025 |
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£ |
£ |
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Other creditors |
1,499 |
1,917 |
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------- |
------- |
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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 £999 owed to the director with movement in the period resulting in a closing balance of £nil owed to the director at the year end. The loan is currently interest free but repayable on demand.