Company Registration No. 01161208 (England and Wales)
Thames Haven Management Company (Kingston) Limited
Unaudited accounts
for the year ended 31 March 2023
Thames Haven Management Company (Kingston) Limited
Unaudited accounts
Contents
Thames Haven Management Company (Kingston) Limited
Company Information
for the year ended 31 March 2023
Directors
Mark Field
Andrew Jordan
Harsha Wickremasinghe
Anthony Swann
Secretary
Desmond Mitchell
Company Number
01161208 (England and Wales)
Registered Office
2 Kingston Hill
Kingston Upon Thames
KT2 7NH
England
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Thames Haven Management Company (Kingston) Limited
Statement of financial position
as at 31 March 2023
Tangible assets
42,596
42,596
Creditors: amounts falling due within one year
(2,596)
(2,596)
Net current liabilities
(2,596)
(2,596)
Total assets less current liabilities
40,000
40,000
Creditors: amounts falling due after more than one year
(40,000)
(40,000)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2023 and were signed on its behalf by
Andrew Jordan
Director
Company Registration No. 01161208
Thames Haven Management Company (Kingston) Limited
Notes to the Accounts
for the year ended 31 March 2023
Thames Haven Management Company (Kingston) Limited is a private company, limited by guarantee, registered in England and Wales, registration number 01161208. The registered office is 2 Kingston Hill, Kingston Upon Thames, KT2 7NH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Accounting for Service Charges
The Company is responsible for the management of Thames Haven, Portsmouth Road, Surbiton and collects service charges from lessees in order to fund expenditure incurred in the management of the property. These service charge funds are held in trust for the lessees as required by the Landlord and Tenant Act 1987. Transactions relating to the management of the property are reported separately to the lessees and are excluded from the Company's financial statements.
Freehold property is included at cost, and consists of one flat, occupied by the caretaker, and the 40 remaining flats subject to long leases of the original freehold purchase. Contributions received from Lessees towards the Freehold Purchase are shown as creditors due for payment after more than one year.
4
Tangible fixed assets
Land & buildings
Thames Haven Management Company (Kingston) Limited
Notes to the Accounts
for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Other creditors
2,596
2,596
Thames Haven, Portsmouth Road, Surbiton Service Charge Account
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
40,000
40,000
Contributions from Lessees to purchase Freehold.
The Directors consider it unlikely that these contributions will be repaid in the foreseeable future.
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).