THE CONDITION MANAGEMENT COMPANY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 JANUARY 2022 TO 31 MARCH 2023

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B J Krysiak

P J Krysiak

REGISTERED OFFICE:

Ashtree Lodge

105 Uttoxeter New Road

Derby

Derbyshire

DE22 3NL

REGISTERED NUMBER:

13831409 (England and Wales)

ACCOUNTANTS:

Sibbalds Limited

Chartered Accountants and Business Advisers

Oakhurst House

57 Ashbourne Road

Derby

Derbyshire

DE22 3FS

FIXED ASSETS

Tangible assets

4

2,860

CURRENT ASSETS

Debtors

5

1,487

Cash at bank

29,813

31,300

CREDITORS

Amounts falling due within one year

6

39,390

NET CURRENT LIABILITIES

(8,090

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,230

)

CAPITAL AND RESERVES

Called up share capital

7

1,000

Retained earnings

(6,230

)

SHAREHOLDERS' FUNDS

(5,230

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by:

B J Krysiak - Director

1.	STATUTORY INFORMATION

The Condition Management Company Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Going concern

In the opinion of the directors, the company has the continued support of a group company for the foreseeable future and it is therefore appropriate to adopt the going concern policy.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

2,874

At 31 March 2023

2,874

DEPRECIATION

Charge for period

14

At 31 March 2023

14

NET BOOK VALUE

At 31 March 2023

2,860

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

1,487

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

3,370

Other creditors

36,020

39,390

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

250

Ordinary A

£1

250

250

Ordinary B

£1

250

250

Ordinary C

£1

250

250

Ordinary D

£1

250

1,000

The following shares were allotted and fully paid for cash at par during the period:

250 Ordinary A shares of £1 each

250 Ordinary B shares of £1 each

250 Ordinary C shares of £1 each

250 Ordinary D shares of £1 each