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REGISTERED NUMBER: 02954888 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 JUNE 2023

FOR

MARGOT MANAGEMENT COMPANY LIMITED

MARGOT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02954888)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

MARGOT MANAGEMENT COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 24 JUNE 2023







DIRECTORS: H Evans
M S Irvine





SECRETARY: M R Dungworth





REGISTERED OFFICE: 1 Spring Cottages
St. Leonards Road
Surbiton
Surrey
KT6 4DF





REGISTERED NUMBER: 02954888 (England and Wales)





ACCOUNTANTS: Collards
Chartered Accountants
5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ

MARGOT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02954888)

BALANCE SHEET
24 JUNE 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 16,243 8,243
Cash at bank 23,854 28,375
40,097 36,618
CREDITORS
Amounts falling due within one year 5 4,805 14,379
NET CURRENT ASSETS 35,292 22,239
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,292

22,239

CAPITAL AND RESERVES
Called up share capital 6 22 22
Retained earnings 7 35,270 22,217
SHAREHOLDERS' FUNDS 35,292 22,239

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 February 2024 and were signed on its behalf by:





M S Irvine - Director


MARGOT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02954888)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 JUNE 2023

1. STATUTORY INFORMATION

Margot Management Company 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.

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.

Income
Revenue derives from service charge requests from the leaseholders.

General reserve
The general reserve is established to meet the future maintenance costs. Such provision is considered prudent to enable the company to manage the property.

Profit and loss account
It is considered that the activities of the company do not give rise to a profit or loss due to its nature of being a flat management company. Any excess or deficit of service charges levied over current expenditure will be retained in the general reserve.

3. EMPLOYEES

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Service charge debtors 13,923 6,227
Prepayments 2,320 2,016
16,243 8,243

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Accounts payable 3,112 8,200
Service charges in advance 697 1,103
Accrued expenses 996 5,076
4,805 14,379

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
21 Ordinary £1 21 21
5 Founders 20p 1 1
22 22

MARGOT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02954888)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 24 JUNE 2023

7. RESERVES
Retained
earnings
£   

At 25 June 2022 22,217
Profit for the year 13,053
At 24 June 2023 35,270

Analysis of general reserve
Whole 56 The58 The60 TheTotal
siteAvenueAvenueAvenuereserve

At 25 June 2022(3,954)1,040 5,82619,30522,217
Surplus for year(117)4,249 4,1334,78813,053
At 24 June 2023(4,071)5,2899,95924,09335,270

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MARGOT MANAGEMENT COMPANY LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Margot Management Company Limited for the year ended 24 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Margot Management Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Margot Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Margot Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Margot Management Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Margot Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Margot Management Company Limited. You consider that Margot Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Margot Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Collards
Chartered Accountants
5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ


23 February 2024