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REGISTERED NUMBER: 02480450 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

TIDEY'S MILL MANAGEMENT COMPANY LIMITED

TIDEY'S MILL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02480450)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TIDEY'S MILL MANAGEMENT COMPANY LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Ms C E Purvis
J A Swales
R Webb
G W Harper





REGISTERED OFFICE: Penns Cottage
Horsham Road
Steyning
BN44 3LJ





REGISTERED NUMBER: 02480450 (England and Wales)





ACCOUNTANTS: Galloways Accounting
First Floor
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1DY

TIDEY'S MILL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02480450)

Balance Sheet
31 MARCH 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Debtors 3 3,948 3,037
Cash at bank 17,944 17,021
21,892 20,058
CREDITORS
Amounts falling due within one year 4 6,071 5,849
NET CURRENT ASSETS 15,821 14,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,821

14,209

RESERVES
Cyclical maintenance 11,719 8,999
Income and expenditure account 4,102 5,210
15,821 14,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 surplus or deficit 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.

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 15 November 2023 and were signed on its behalf by:





Ms C E Purvis - Director


TIDEY'S MILL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02480450)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023

1. 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.

The accounts have been prepared as the financial statements for the resident management company acting as principal for all transactions during the year. Because of this, transactions entered into have been recognised in the profit and loss report, as per guidance from ICAEW under UITF 92 and previous legislation. The cash balance held by the company is being held on trust for the lessees in accordance with the Landlords and Tenants Act 1987, and is not an asset of the company.

Turnover
Turnover represents service charges payable towards the management of property known as Tidey's Mill, Partridge Green, Horsham, West Sussex.

2. EMPLOYEES AND DIRECTORS

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

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 2,561 2,160
Prepayments and accrued income 1,387 877
3,948 3,037

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 2,483 2,928
Accrued expenses 3,588 2,921
6,071 5,849

5. RESERVE FUNDS

Profit and Cyclical TOTALS
loss account Maintenance
£ £ £

At 1 April 2022 5,210 8,999 14,210
Surplus for the year 3,892 - 3,892
Transfer to cyclical maintenance (5,000 ) 5,000 -
Major works (2,280 ) (2,280 )
Balance at 31 March 2023 4,102 11,719 15,822

TIDEY'S MILL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02480450)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. GENERAL REPAIRS

£

Locksmith fees 111
Signs 230
Clear waste 115
Garden bin collection 142
Pest control 80
Gutters and drainpipes clearing and repairs 1,105
Grit 19
1,802

7. CYCLICAL MAINTENANCE

£

Drainage and car park marking 2,280

2,280