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REGISTERED NUMBER: 03163966 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

ROSERROW MANAGEMENT COMPANY LIMITED

ROSERROW MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 03163966)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROSERROW MANAGEMENT COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: N S Lucas
I Maccabe
P Perkins
A M Nolan
Mrs A C Lane
Mrs J D Slinn





SECRETARY: N S Lucas





REGISTERED OFFICE: The Courtyard
80 High Street
Old Amersham
Buckinghamshire
HP7 0DS





REGISTERED NUMBER: 03163966 (England and Wales)





ACCOUNTANTS: N S Lucas & Co
The Courtyard
80 High Street
Old Amersham
Buckinghamshire
HP7 0DS

ROSERROW MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 03163966)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,962 12,962

CURRENT ASSETS
Debtors 5 2,123 2,071
Cash at bank 41,397 38,047
43,520 40,118
CREDITORS
Amounts falling due within one year 6 3,852 3,535
NET CURRENT ASSETS 39,668 36,583
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,630

49,545

CAPITAL AND RESERVES
Called up share capital 65 65
General reserve 7 18,081 18,081
Maintenance reserve 7 21,947 31,399
Homeowners Association Reserve 7 12,537 -
SHAREHOLDERS' FUNDS 52,630 49,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

ROSERROW MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 03163966)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 31 March 2023 and were signed on its behalf by:





I Maccabe - Director


ROSERROW MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 03163966)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Roserrow 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.

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 as modified by the revaluation of certain assets.

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
No depreciation is provided on freehold land.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 March 2022
and 28 February 2023 12,962
NET BOOK VALUE
At 28 February 2023 12,962
At 28 February 2022 12,962

Included in cost of land and buildings is freehold land of £ 12,962 (2022 - £ 12,962 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments 2,123 2,071

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Accrued expenses 3,852 3,535

ROSERROW MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 03163966)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

7. RESERVES
Homeowners
Retained General Maintenance Association
earnings reserve reserve Reserve Totals
£    £    £    £    £   

At 1 March 2022 - 18,081 31,399 - 49,480
Profit for the year - -
Deficit for year - - (9,452 ) - (9,452 )
Received from Homeowners
Association - - - 12,537 12,537
At 28 February 2023 - 18,081 21,947 12,537 52,565

Each homeowner initially contributed to a general reserve fund when they purchased their property for the purpose of establishing the Management Company. Following the transfer of the common land, these funds were received on 9 June 2006.

8. RELATED PARTY DISCLOSURES

The Company is set up for the benefit of the shareholders in respect of the management of the common land. All the transactions undertaken are related party transactions by virtue of them being of direct benefit to the individual shareholders, some of whom are also directors.

The Company contracts with N S Lucas & Co in respect of the provision of accountancy and secretarial services. N S Lucas is a principal in N S Lucas & Co, as well as being a director and shareholder of the Company. During the year fees of £2,940 have been paid to N S Lucas & Co.