IRIS Accounts Production v23.2.0.158 11177351 Board of Directors 1.2.22 31.1.23 31.1.23 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure111773512022-01-31111773512023-01-31111773512022-02-012023-01-31111773512021-01-31111773512021-02-012022-01-31111773512022-01-3111177351ns16:EnglandWales2022-02-012023-01-3111177351ns15:PoundSterling2022-02-012023-01-3111177351ns11:Director12022-02-012023-01-3111177351ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3111177351ns11:SmallEntities2022-02-012023-01-3111177351ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3111177351ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3111177351ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3111177351ns11:FullAccounts2022-02-012023-01-3111177351ns11:OrdinaryShareClass12022-02-012023-01-3111177351ns11:OrdinaryShareClass22022-02-012023-01-3111177351ns11:OrdinaryShareClass32022-02-012023-01-3111177351ns11:Director22022-02-012023-01-3111177351ns11:RegisteredOffice2022-02-012023-01-3111177351ns6:CurrentFinancialInstruments2023-01-3111177351ns6:CurrentFinancialInstruments2022-01-3111177351ns6:Non-currentFinancialInstruments2023-01-3111177351ns6:Non-currentFinancialInstruments2022-01-3111177351ns6:ShareCapital2023-01-3111177351ns6:ShareCapital2022-01-3111177351ns6:RetainedEarningsAccumulatedLosses2023-01-3111177351ns6:RetainedEarningsAccumulatedLosses2022-01-3111177351ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3111177351ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3111177351ns11:OrdinaryShareClass12023-01-3111177351ns11:OrdinaryShareClass22023-01-3111177351ns11:OrdinaryShareClass32023-01-31
REGISTERED NUMBER: 11177351 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

FREEHOLD MANAGEMENT COLLECTIONS LTD

FREEHOLD MANAGEMENT COLLECTIONS LTD (REGISTERED NUMBER: 11177351)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FREEHOLD MANAGEMENT COLLECTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: Ms C Crosthwaite
Mrs H M Haines





REGISTERED OFFICE: 339 Reigate Road
Epsom
Surrey
KT17 3LT





REGISTERED NUMBER: 11177351 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

FREEHOLD MANAGEMENT COLLECTIONS LTD (REGISTERED NUMBER: 11177351)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 4 14,408 8,667
Debtors 5 590 571
Cash at bank 1,286 3,680
16,284 12,918
CREDITORS
Amounts falling due within one year 6 8,900 1,383
NET CURRENT ASSETS 7,384 11,535
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,384

11,535

CREDITORS
Amounts falling due after more than one
year

7

9,558

12,058
NET LIABILITIES (2,174 ) (523 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (2,274 ) (623 )
SHAREHOLDERS' FUNDS (2,174 ) (523 )

FREEHOLD MANAGEMENT COLLECTIONS LTD (REGISTERED NUMBER: 11177351)

BALANCE SHEET - continued
31 JANUARY 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 5 October 2023 and were signed on its behalf by:





Mrs H M Haines - Director


FREEHOLD MANAGEMENT COLLECTIONS LTD (REGISTERED NUMBER: 11177351)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

Freehold Management Collections 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.

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.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. STOCKS
2023 2022
£    £   
Stocks 14,408 8,667

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 590 571

FREEHOLD MANAGEMENT COLLECTIONS LTD (REGISTERED NUMBER: 11177351)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,362 -
Taxation and social security - 173
Other creditors 7,538 1,210
8,900 1,383

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 9,558 12,058

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2
49 Ordinary A £1 49 49
49 Ordinary B £1 49 49
100 100