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REGISTERED NUMBER: 06025330 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Spruce Place Management Co. Limited

Spruce Place Management Co. Limited (Registered number: 06025330)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Spruce Place Management Co. Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mrs C T Southwell





SECRETARY: Mrs S Clare





REGISTERED OFFICE: 3 Spruce Place
East Grinstead
East Sussex
RH19 3LU





REGISTERED NUMBER: 06025330 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Bank Chambers
61 High Street
Cranbrook
Kent
TN17 3EG

Spruce Place Management Co. Limited (Registered number: 06025330)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 4 834 834
Cash at bank 5 11,362 10,948
12,196 11,782
CREDITORS
Amounts falling due within one year 6 12,035 11,685
NET CURRENT ASSETS 161 97
TOTAL ASSETS LESS CURRENT
LIABILITIES

161

97

RESERVES
Retained earnings 161 97
161 97

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 profit or loss 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 director and authorised for issue on 6 February 2024 and were signed by:



Mrs C T Southwell - Director


Spruce Place Management Co. Limited (Registered number: 06025330)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Spruce Place Management Co. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents income received from residents of Spruce Place to fund the expenses of running the estate. Income received in excess of costs is due back to the residents and is recorded as a liability within creditors.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Spruce Place Management Co. Limited (Registered number: 06025330)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 834 834

5. CASH AT BANK
31.12.23 31.12.22
£    £   
Bank account no. 1 784 1,700
Bank account no. 2 10,578 9,248
11,362 10,948

The bank account is held on trust on behalf of the shareholders of the company.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 220 255
Taxation and social security 20 5
Other creditors 11,795 11,425
12,035 11,685