Company Registration No. 02852683 (England and Wales)
NUMBER 2 ALLESTREE ROAD MANAGEMENT LIMITED
(A PRIVATE COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR
6th Floor Kings House
9-10 Haymarket
London
United Kingdom
SW1Y 4BP
NUMBER 2 ALLESTREE ROAD MANAGEMENT LIMITED
(A PRIVATE COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
CONTENTS
Page
Company information
1
Statement of financial position
2
Statement of changes in equity
3
Notes to the financial statements
4 - 5
NUMBER 2 ALLESTREE ROAD MANAGEMENT LIMITED
(A PRIVATE COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
COMPANY INFORMATION
- 1 -
Directors
Mr Igor Puljic
Ms Vivien Thurstan
Ms Charlotte Henniker Major
Mrs Kiran Puri
Ms Lisa Taylor
Secretary
Ms Vivien Thurstan
Company number
02852683
Registered office
2 Allestree Road
London
SW6 6AE
Accountants
TC Group
9-10 Haymarket
London
United Kingdom
SW1Y 4BP
NUMBER 2 ALLESTREE ROAD MANAGEMENT LIMITED
(A PRIVATE COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2022
31 December 2022
- 2 -
2022
2021
Notes
£
£
£
£
Current assets
Trade and other receivables
3
831
831
Cash and cash equivalents
9,859
5,982
10,690
6,813
Current liabilities
4
(1,799)
(299)
Net current assets
8,891
6,514
Reserves
Income and expenditure account
8,891
6,514
Members' funds
8,891
6,514
The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true
For the financial year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 November 2023 and are signed on its behalf by:
Mr Igor Puljic
Ms Vivien Thurstan
Director
Director
Company Registration No. 02852683
The notes on pages 4 to 5 form part of these financial statements
NUMBER 2 ALLESTREE ROAD MANAGEMENT LIMITED
(A PRIVATE COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2022
- 3 -
Income and expenditure
£
Balance at 1 January 2021
3,799
Year ended 31 December 2021:
Profit and total comprehensive income for the year
2,715
Balance at 31 December 2021
6,514
Year ended 31 December 2022:
Profit and total comprehensive income for the year
2,377
Balance at 31 December 2022
8,891
The notes on pages 4 to 5 form part of these financial statements
NUMBER 2 ALLESTREE ROAD MANAGEMENT LIMITED
(A PRIVATE COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 4 -
1
Accounting policies
Company information
Number 2 Allestree Road Management Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 2 Allestree Road, London, SW6 6AE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:
Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;
Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues’: Interest income/expense and net gains/losses for each category of financial instrument; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;
Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;
Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.
The financial statements of the company are consolidated in the financial statements of [XXXXX]. These consolidated financial statements are available from its registered office, [XXXXXX].
1.2
Income and expenditure
Income and expenses are included in the financial statements as they become receivable or due.
Expenses include VAT where applicable as the company cannot reclaim it.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held.
NUMBER 2 ALLESTREE ROAD MANAGEMENT LIMITED
(A PRIVATE COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 5 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
3
Trade and other receivables
2022
2021
Amounts falling due within one year:
£
£
Service charges due
81
81
Other receivables
750
750
831
831
4
Current liabilities
2022
2021
£
£
Other payables
1,799
299
5
Members' liability
The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.