Du Cros House Management Limited 06573233 false 2022-05-01 2023-04-30 2023-04-30 The principal activity of the company is management of the freehold of Du Cros House Digita Accounts Production Advanced 6.30.9574.0 true true 06573233 2022-05-01 2023-04-30 06573233 2023-04-30 06573233 core:RetainedEarningsAccumulatedLosses 2023-04-30 06573233 core:CurrentFinancialInstruments 2023-04-30 06573233 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 06573233 bus:SmallEntities 2022-05-01 2023-04-30 06573233 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 06573233 bus:FullAccounts 2022-05-01 2023-04-30 06573233 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 06573233 bus:RegisteredOffice 2022-05-01 2023-04-30 06573233 bus:Director3 2022-05-01 2023-04-30 06573233 bus:Director4 2022-05-01 2023-04-30 06573233 bus:CompanyLimitedByGuarantee 2022-05-01 2023-04-30 06573233 countries:England 2022-05-01 2023-04-30 06573233 2021-05-01 2022-04-30 06573233 2022-04-30 06573233 core:RetainedEarningsAccumulatedLosses 2022-04-30 06573233 core:CurrentFinancialInstruments 2022-04-30 06573233 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 06573233

Du Cros House Management Limited

(A company limited by guarantee)

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 30 April 2023

 

Du Cros House Management Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Du Cros House Management Limited

Company Information

Directors

NJ Brook

A C Poole

Registered office

7 Wellington Square
Hastings
East Sussex
TN34 1PD

Accountants

Manningtons
7 Wellington Square
Hastings
East Sussex
TN34 1PD

 

Du Cros House Management Limited

(Registration number: 06573233)
Balance Sheet as at 30 April 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

2,384

1,575

Cash at bank and in hand

 

21,885

24,259

 

24,269

25,834

Creditors: Amounts falling due within one year

5

(720)

(720)

Net assets

 

23,549

25,114

Reserves

 

Retained earnings

23,549

25,114

Surplus

 

23,549

25,114

For the financial year ending 30 April 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 Income and Expenditure Account.

Approved and authorised by the Board on 11 October 2023 and signed on its behalf by:
 

.........................................
NJ Brook
Director

 

Du Cros House Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

1

General information

The company is a company limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
7 Wellington Square
Hastings
East Sussex
TN34 1PD
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.

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

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the service charges received or receivable for the maintenance and upkeep of the freehold
property in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Du Cros House Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

Trade debtors

Trade debtors are amounts due from residents for unpaid service charges.

Trade debtors are recognised initially as the amount owing to the company. A provision for the impairment of
trade debtors is established when there is objective evidence that the company will not be able to collect all
amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

4

Debtors

2023
£

2022
£

Prepayments

2,384

1,575

2,384

1,575

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

720

720