Registration number:
Shepherds Court Estate Management Company Ltd
(A company limited by guarantee)
for the Period from 1 July 2022 to 31 December 2023
Shepherds Court Estate Management Company Ltd
Contents
Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
Shepherds Court Estate Management Company Ltd
(Registration number: 10845615)
Statement of Financial Position as at 31 December 2023
Note |
2023 |
2022 |
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Creditors: Amounts falling due within one year |
( |
( |
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Reserves |
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Profit and loss account |
(446) |
(234) |
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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:
• |
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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
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Shepherds Court Estate Management Company Ltd
Notes to the Unaudited Financial Statements for the Period from 1 July 2022 to 31 December 2023
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:
Principal activity
The principal activity of the company is that of real estate management company.
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)
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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
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.
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.
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Shepherds Court Estate Management Company Ltd
Notes to the Unaudited Financial Statements for the Period from 1 July 2022 to 31 December 2023 (continued)
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
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Trade creditors |
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- |
Other creditors |
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Reserves |
Profit and loss account:
This reserve records retained earnings and accumulated losses.