Oak Court (Denbridge) Residents Ltd 06636548 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of the management of real estate. Digita Accounts Production Advanced 6.30.9574.0 true true 06636548 2022-04-01 2023-03-31 06636548 2023-03-31 06636548 core:CurrentFinancialInstruments 2023-03-31 06636548 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06636548 bus:SmallEntities 2022-04-01 2023-03-31 06636548 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06636548 bus:FullAccounts 2022-04-01 2023-03-31 06636548 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06636548 bus:RegisteredOffice 2022-04-01 2023-03-31 06636548 bus:Director1 2022-04-01 2023-03-31 06636548 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06636548 countries:AllCountries 2022-04-01 2023-03-31 06636548 2021-04-01 2022-03-31 06636548 2022-03-31 06636548 core:CurrentFinancialInstruments 2022-03-31 06636548 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 06636548

Oak Court (Denbridge) Residents Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2023

Brebners
Chartered Accountants
1 Suffolk Way
Sevenoaks
Kent
TN13 1YL

 

Oak Court (Denbridge) Residents Ltd

Statement of Financial Position as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

6

6

Cash at bank and in hand

 

6,977

13,313

 

6,983

13,319

Creditors: Amounts falling due within one year

5

(7,876)

(14,212)

Net liabilities

 

(893)

(893)

Capital and reserves

 

Called up share capital

17

17

Retained earnings

(910)

(910)

Shareholders' deficit

 

(893)

(893)

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the director on 22 November 2023
 

.........................................

Mr G E Bailey

Director

Company registration number: 06636548

 

Oak Court (Denbridge) Residents Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 Suffolk Way
Sevenoaks
Kent
TN13 1YL

The principal activity of the company is that of the management of real estate.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Going concern

The director has considered the effect of the Covid-19 pandemic which he belives to have now ended and his view is that there will be no further effect. The company has continued to receive service charges from the leaseholders and the director is confident that the company will be able to continue to meet its financial obligations, as and when they fall due.

Having made enquiries the director has a reasonable expectation that the company has adequate resources to remain in operational existence for the foreseeable future. Accordingly, the director continues to prepare the financial statements on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable in respect of service charges in the ordinary course of the company's activities.

The company recognises revenue based upon service charge expenditure incurred in the year. Amounts are recovered from tenants in advance of expenditure based upon estimated amounts. Amounts received in excess of expenditure incurred are included in creditors.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Oak Court (Denbridge) Residents Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company during the year, was 0 (2022 - 0).

4

Debtors

2023
£

2022
£

Other debtors

6

6

6

6

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Other creditors

 

7,876

14,212