Registration number:
Brittain Court (Sandhurst) Management Limited
for the Year Ended 31 December 2023
Brittain Court (Sandhurst) Management Limited
(Registration number: 01503213)
Statement of Financial Position as at 31 December 2023
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Capital redemption reserve |
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Shareholders' funds |
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For the financial year 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 provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.
Approved and authorised by the
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Brittain Court (Sandhurst) Management Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
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.
The company holds the freehold property 1-16 Brittain Court, Park Road, Sandhurst.
The company acts as a trustee of a statutory trust in respect of service charge monies collected for the maintenance of Brittain Court. The company has changed its accounting policy to exclude these funds from the company's accounts as separate service charge accounts are prepared and certified.
The company is responsible for the management of Brittain Court and collects service charges from lessees in order to fund expenditure incurred in the management of the property. These service charge funds are held in trust for the lessees as required by the Landlord and Tenant Act 1987. Transactions relating to the management of the property are reported separately to the lessees and are excluded from the company’s financial statements.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
No depreciation has been provided on the freehold property as the company only owns the reversionary interest in the land. The value has previously been written down to a nominal amount of £5 per flat.
Debtors
Short term debtors are measured at transaction price, less any impairment.
Brittain Court (Sandhurst) Management Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
Staff numbers |
The average number of persons employed by the company during the year, was
Due to the nature of the company’s activities there were no employees in the current or previous year.
Tangible assets |
Freehold property |
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At 1 January 2023 |
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At 31 December 2023 |
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Depreciation |
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Carrying amount |
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At 31 December 2023 |
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At 31 December 2022 |
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Debtors |
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Other debtors |
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