Block A Moorhead Close RTM Co Ltd |
Registered number: |
06848750 |
Balance Sheet |
as at 31 March 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
|
|
|
- |
|
|
- |
|
|
|
|
- |
|
|
- |
|
Current assets |
Debtors |
3 |
|
1,220 |
|
|
2,493 |
Cash at bank and in hand |
|
|
23,509 |
|
|
22,123 |
|
|
|
24,729 |
|
|
24,616 |
|
Creditors: amounts falling due within one year |
4 |
|
(454) |
|
|
(24) |
|
Net current assets |
|
|
|
24,275 |
|
|
24,592 |
|
Total assets less current liabilities |
|
|
|
24,275 |
|
|
24,592 |
|
Provisions for liabilities |
|
|
|
- |
|
|
- |
|
|
Net assets |
|
|
|
24,275 |
|
|
24,592 |
|
|
|
|
|
|
|
|
Capital and reserves |
Profit and loss account |
|
|
|
24,275 |
|
|
24,592 |
|
Members' funds |
|
|
|
24,275 |
|
|
24,592 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Michelle Ashworth |
Director |
Approved by the board on 7 November 2023 |
|
Block A Moorhead Close RTM Co Ltd |
Notes to the Accounts |
for the year ended 31 March 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the service charge amounts due from each leaseholder in the period , of goods provided to leaseholders and work carried out in respect of services provided to leaseholders. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
By virtue of mutual trading provisions, the company is not liable to pay Corporation Tax on interest received whilst it remains insignificant. |
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Service charges outstanding |
1,220 |
|
1,493 |
|
Other debtors |
- |
|
1,000 |
|
|
|
|
|
|
1,220 |
|
2,493 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Other creditors |
454 |
|
24 |
|
|
|
|
|
|
454 |
|
24 |
|
|
|
|
|
|
|
|
|
5 |
Company limited by Guarantee |
|
|
The company is limited by guarantee of members and does not have a share capital. The liability of members is limited to £1. |
|
6 |
Related party transactions |
|
|
Brian Ashworth - Owner of the freeholder Company |
|
Brian Ashworth undertook the day to day management of the building and has charged £3,600 (2022 - £3,600) during the year. |
|
|
Richard & Marian Conn - Owners of Flat 2 |
|
Accounting services are provided by Cadbury Business Management Ltd a company owned by Richard and Marian Conn, who have charged £1,116 (2022 - £984) during the year |
|
7 |
Other information |
|
|
Block A Moorhead Close RTM Co Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Old Auster |
|
The Causeway |
|
Mark |
|
Somerset |
|
TA9 4QF |