Manor Court Flats (Knutsford) Limited 01160556 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is residency property management. Digita Accounts Production Advanced 6.30.9574.0 true 01160556 2022-04-01 2023-03-31 01160556 2023-03-31 01160556 core:OtherReservesSubtotal 2023-03-31 01160556 core:RetainedEarningsAccumulatedLosses 2023-03-31 01160556 core:ShareCapital 2023-03-31 01160556 core:CurrentFinancialInstruments 2023-03-31 01160556 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 01160556 core:LandBuildings 2023-03-31 01160556 bus:SmallEntities 2022-04-01 2023-03-31 01160556 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 01160556 bus:FullAccounts 2022-04-01 2023-03-31 01160556 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 01160556 bus:RegisteredOffice 2022-04-01 2023-03-31 01160556 bus:Director1 2022-04-01 2023-03-31 01160556 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 01160556 countries:EnglandWales 2022-04-01 2023-03-31 01160556 2022-03-31 01160556 core:LandBuildings 2022-03-31 01160556 2021-04-01 2022-03-31 01160556 2022-03-31 01160556 core:OtherReservesSubtotal 2022-03-31 01160556 core:RetainedEarningsAccumulatedLosses 2022-03-31 01160556 core:ShareCapital 2022-03-31 01160556 core:CurrentFinancialInstruments 2022-03-31 01160556 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 01160556 core:LandBuildings 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 01160556

Manor Court Flats (Knutsford) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Manor Court Flats (Knutsford) Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Manor Court Flats (Knutsford) Limited

(Registration number: 01160556)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

4,942

4,942

Current assets

 

Debtors

5

1,648

-

Cash at bank and in hand

 

9,034

8,838

 

10,682

8,838

Creditors: Amounts falling due within one year

6

(2,407)

(1,232)

Net current assets

 

8,275

7,606

Net assets

 

13,217

12,548

Capital and reserves

 

Called up share capital

8

8

Other reserves

13,209

-

Retained earnings

-

12,540

Shareholders' funds

 

13,217

12,548

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 August 2023 and signed on its behalf by:
 

.........................................
Mr D Sadler
Director

 

Manor Court Flats (Knutsford) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/o Castle Estates Block Management Ltd Barn 1
Somerford Bus Court
Somerford
Cheshire
CW12 4SN
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

This company is responsible for the management of Manor Court Flats (Knutsford) and
collects service charges from the lessees in order to fund expenditure incurred in the management of the
properties.

Revenue recognition

Turnover comprises of the service charges raised to the lessees to fund expenditure
incurred in the management of the properties during the year.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

There is no depreciation charge for the property as it is an appreciating asset.

 

Manor Court Flats (Knutsford) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2022 - 9).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2022

4,942

4,942

At 31 March 2023

4,942

4,942

Depreciation

Carrying amount

At 31 March 2023

4,942

4,942

At 31 March 2022

4,942

4,942

5

Debtors

2023
£

2022
£

Trade debtors

17

-

Prepayments

1,631

-

1,648

-

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

1,897

681

Other creditors

510

551

2,407

1,232