Company registration number:
2600412
The Stables Chitterne Management Company Limited
Unaudited filleted financial statements
31 March 2023
The Stables Chitterne Management Company Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
The Stables Chitterne Management Company Limited
Directors and other information
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Directors |
L E Hopton |
(Resigned 1 March 2023) |
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M A Mitchell |
(Appointed 1 March 2023) |
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Secretary |
S C Pope |
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Company number |
2600412 |
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Registered office |
8 The Stables |
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Chitterne |
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Warminster |
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Wiltshire |
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BA12 0LU |
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Accountants |
M C Accountancy and Business Services Limited |
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3 Newopaul Way |
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Warminster Business Park |
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Bath Road, Warminster |
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Wiltshire |
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BA12 8RY |
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The Stables Chitterne Management Company Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of The Stables Chitterne Management Company Limited
Year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Stables Chitterne Management Company Limited for the year ended 31 March 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.
M C Accountancy and Business Services Limited
3 Newopaul Way
Warminster Business Park
Bath Road, Warminster
Wiltshire
BA12 8RY
4 November 2023
The Stables Chitterne Management Company Limited
Statement of financial position
31 March 2023
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2023 |
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2022 |
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Note |
£ |
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£ |
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£ |
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£ |
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Current assets |
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Debtors |
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6 |
199 |
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199 |
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Cash at bank and in hand |
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2,074 |
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1,351 |
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_______ |
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_______ |
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2,273 |
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1,550 |
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Creditors: amounts falling due |
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within one year |
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7 |
(
1,773) |
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(
1,050) |
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_______ |
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_______ |
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Net current assets |
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500 |
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500 |
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_______ |
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_______ |
Total assets less current liabilities |
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500 |
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500 |
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_______ |
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Net assets |
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500 |
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500 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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80 |
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80 |
Profit and loss account |
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420 |
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420 |
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_______ |
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_______ |
Shareholders funds |
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500 |
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500 |
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_______ |
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_______ |
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For the 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:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
04 November 2023
, and are signed on behalf of the board by:
M A Mitchell
Director
Company registration number:
2600412
The Stables Chitterne Management Company Limited
Notes to the financial statements
Year ended 31 March 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Stables Chitterne Management Company, 8 The Stables, Chitterne, Warminster, Wiltshire, BA12 0LU.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4.
Staff costs
5.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2022:
1
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6.
Debtors
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2023 |
2022 |
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£ |
£ |
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Other debtors |
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199 |
199 |
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_______ |
_______ |
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7.
Creditors: amounts falling due within one year
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2023 |
2022 |
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£ |
£ |
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Other creditors |
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1,773 |
1,050 |
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_______ |
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8.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2023 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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L E Hopton |
25 |
(
25) |
- |
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_______ |
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2022 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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L E Hopton |
(
45) |
70 |
25 |
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_______ |
_______ |
_______ |
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