Shepherds Court Estate Management Company Ltd 10845615 false 2022-07-01 2023-12-31 2023-12-31 The principal activity of the company is that of real estate management company. Digita Accounts Production Advanced 6.30.9574.0 true true 10845615 2022-07-01 2023-12-31 10845615 2023-12-31 10845615 bus:Original 2023-12-31 10845615 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 10845615 bus:SmallEntities 2022-07-01 2023-12-31 10845615 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-12-31 10845615 bus:FullAccounts 2022-07-01 2023-12-31 10845615 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-12-31 10845615 bus:RegisteredOffice 2022-07-01 2023-12-31 10845615 bus:Director1 2022-07-01 2023-12-31 10845615 bus:CompanyLimitedByGuarantee 2022-07-01 2023-12-31 10845615 countries:EnglandWales 2022-07-01 2023-12-31 10845615 2021-07-01 2022-06-30 10845615 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 iso4217:GBP xbrli:pure

Registration number: 10845615

Shepherds Court Estate Management Company Ltd

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Period from 1 July 2022 to 31 December 2023

 

Shepherds Court Estate Management Company Ltd

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 4

 

Shepherds Court Estate Management Company Ltd

(Registration number: 10845615)
Statement of Financial Position as at 31 December 2023

Note

2023
£

2022
£

Creditors: Amounts falling due within one year

5

(446)

(234)

Reserves

 

Profit and loss account

(446)

(234)

Deficit

 

(446)

(234)

For the financial period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The directors acknowledge their 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 14 February 2024 and signed on its behalf by:
 


C P Northmore
Director

 

Shepherds Court Estate Management Company Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2022 to 31 December 2023

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Alcea
Shepherds Court
Ebford
Devon
EX3 0FD

Principal activity

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

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

 

Shepherds Court Estate Management Company Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2022 to 31 December 2023 (continued)

2

Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3

Limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to assets of the company, in the event of a winding up, such amount as may be required not exceeding £1.

4

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 4 (2022 - 4).

 

Shepherds Court Estate Management Company Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2022 to 31 December 2023 (continued)

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Trade creditors

196

-

Other creditors

250

234

446

234

6

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.