Company registration number 03202971 (England and Wales)
ELGIN COURT MANAGEMENT LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
ELGIN COURT MANAGEMENT LIMITED
COMPANY INFORMATION
Directors
H Hollanders
R France
(Appointed 29 March 2023)
J Williams
(Appointed 29 March 2023)
Secretary
Stride & Son Limited
Company number
03202971
Registered office
Stride & Son Limited
Southdown House
St John's Street
Chichester
West Sussex
PO19 1XQ
Accountants
Jones Avens Limited
Piper House
4 Dukes Court
Bognor Road
Chichester
West Sussex
PO19 8FX
ELGIN COURT MANAGEMENT LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
ELGIN COURT MANAGEMENT LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 JUNE 2023
- 1 -
The directors present their annual report and financial statements for the year ended 30 June 2023.
Principal activities
The principal activity of the company was the management, maintenance and control of the common use parts of Elgin Court for the benefit of the members.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
H Hollanders
P Rushton
(Resigned 29 March 2023)
R France
(Appointed 29 March 2023)
J Williams
(Appointed 29 March 2023)
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
By order of the board
Stride & Son Limited
Secretary
7 February 2024
ELGIN COURT MANAGEMENT LIMITED
BALANCE SHEET
- 2 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
99
99
Net current assets
99
99
Capital and reserves
-
-
Called up share capital
99
99
For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 7 February 2024 and are signed on its behalf by:
H Hollanders
Director
Company registration number 03202971 (England and Wales)
ELGIN COURT MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
- 3 -
1
Accounting policies
Company information
Elgin Court Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is Stride & Son Limited, Southdown House, St John's Street, Chichester, West Sussex, PO19 1XQ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
The company has no income and expenditure in its own right. All transactions in the year relate to the maintenance of Elgin Court in accordance with the lease. Income and expenditure arising from these transactions is shown in separate service charge accounts for the properties that do not form part of the annual accounts for the company and are not filed at companies house.
1.3
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
99
99
4
Related party transactions
ELGIN COURT MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
4
Related party transactions
(Continued)
- 4 -
The leaseholders of Elgin Court each hold nine shares in the company. The service charges receivable by the company are divisible equally amongst the leaseholders.