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REGISTERED NUMBER: 08113325 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

FENICE COURT MANAGEMENT COMPANY LIMITED

FENICE COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 08113325)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


FENICE COURT MANAGEMENT COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: Mr K V Hull
Mr J Windsor
Mr S Barnes





REGISTERED OFFICE: 4 Fenice Court
Phoenix Business Park
Eaton Socon
St. Neots
Cambridgeshire
PE19 8EP





REGISTERED NUMBER: 08113325 (England and Wales)





ACCOUNTANTS: Davey Grover Limited
Chartered Accountants
4 Fenice Court
Phoenix Business Park
Eaton Socon
St. Neots
Cambridgeshire
PE19 8EP

FENICE COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 08113325)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 1,673 2,437
Cash at bank and in hand 13,999 11,377
15,672 13,814
CREDITORS
Amounts falling due within one year 5 2,161 2,081
NET CURRENT ASSETS 13,511 11,733
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,511

11,733

PROVISIONS FOR LIABILITIES 6 13,506 11,728
NET ASSETS 5 5

CAPITAL AND RESERVES
Called up share capital 5 5
SHAREHOLDERS' FUNDS 5 5

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2023 and were signed on its behalf by:





Mr K V Hull - Director


FENICE COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 08113325)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Fenice Court Management Company Limited 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Repairs provision
The car park area is made up of block paving which will deteriorate over time and will incur significant cost to maintain. The aim is to keep management charges on a consistent level over time as opposed to having wildly fluctuating costs and as such a provision is being maintained to accrue for this known obligation.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,522 2,212
Other debtors 151 225
1,673 2,437

FENICE COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 08113325)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,106 1,079
Taxation and social security 188 192
Other creditors 867 810
2,161 2,081

6. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Other provisions 13,506 11,728

Repairs
provision
£   
Balance at 1 July 2022 11,728
Increase in provision 1,778
Balance at 30 June 2023 13,506

7. RELATED PARTY DISCLOSURES

The company was charged £960 for accountancy services by Davey Grover Limited, a company in which Mr J Windsor is a director. The company charged Davey Grover Limited £808 for maintenance costs. At 30 June 2023, Davey Grover Limited owed the company £242.

The company charged Lifesure Group Limited £2,708 for maintenance costs, and in return was charged £452 for insurance premiums. Mr S Barnes is a director of Lifesure Group Limited. At 30 June 2023, Lifesure Group Limited owed the company £812.

The company charged Gainbrook Investments Limited £732 for maintenance costs. Mr K V Hull is a director of Gainbrook Investments Limited. At 30 June 2023, Gainbrook Investments Limited owed the company £220.