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Kilverstone Grange (Thetford) Management Company Ltd
Registered Number:05814157
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2023
Kilverstone Grange (Thetford) Management Company Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
05814157
As at 31 May 2023
Kilverstone Grange (Thetford) Management Company Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Current assets
Trade and other receivables
10,024
10,386
2
4,426
Cash and cash equivalents
5,985
16,371
14,450
Trade and other payables: amounts falling due within
one year
(7,320)
(7,673)
3
7,130
8,698
Net current assets
Total assets less current liabilities
8,698
7,130
8,698
Net assets
7,130
Capital and reserves
Retained earnings
8,698
7,130
8,698
7,130
Members' Funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 profit or loss for each financial year in accordance with the
requirements of Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Claire Ryan Director
These financial statements were approved and authorised for issue by the Board on 06 November 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2023
Kilverstone Grange (Thetford) Management Company Ltd
Notes to the Financial Statements
Statutory Information
Kilverstone Grange (Thetford) Management Company Ltd is a private limited company, limited by
guarantee, domiciled in England and Wales, registration number 05814157.
Registered address:
Minstergate House
White Hart Street
Thetford
Norfolk
IP24 1AA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic
of Ireland' and the Companies Act 2006. The financial statements have been prepared under the
historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Trade and other receivables
2022
2023
£
£
Trade debtors
9,125
8,848
Other debtors
1,261
1,176
10,024
10,386
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
1,793
1,440
Other creditors
5,880
5,880
7,673
7,320
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5
For the year ended 31 May 2023
Kilverstone Grange (Thetford) Management Company Ltd
Notes to the Financial Statements Continued
4. Related party transactions
The whole of the turnover of the company is with related parties as it represents either service charges or
other income in respect of properties at Ethelreda Drive, Thetford. Each guarantor member holds a
leasehold interest in the freehold owned by the management company for which no payment is received.
5. Average number of persons employed
During the year the average number of employees was 0
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