Registered number
05304259
MONUMENT COURT (WEYBRIDGE) LIMITED
Unaudited Filleted Accounts
31 May 2023
MONUMENT COURT (WEYBRIDGE) LIMITED
Registered number: 05304259
Balance Sheet
as at 31 May 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 9 9
Current assets
Debtors 4 1,196 1,256
Cash at bank and in hand 5,986 4,768
7,182 6,024
Creditors: amounts falling due within one year 5 (500) (859)
Net current assets 6,682 5,165
Net assets 6,691 5,174
Capital and reserves
Called up share capital 9 9
Share premium 57,315 57,315
Revaluation reserve 6 6,682 5,165
Profit and loss account (57,315) (57,315)
Shareholders' funds 6,691 5,174
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D P Whyte
Director
Approved by the board on 11 January 2024
MONUMENT COURT (WEYBRIDGE) LIMITED
Notes to the Accounts
for the year ended 31 May 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents amounts received for ground rent and service charges.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
The value of the freehold enchance the leasehold interest and therefore has not intinsic value.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 June 2022 57,324
At 31 May 2023 57,324
Depreciation
At 1 June 2022 57,315
At 31 May 2023 57,315
Net book value
At 31 May 2023 9
At 31 May 2022 9
4 Debtors 2023 2022
£ £
Other debtors 1,196 1,256
5 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 500 859
6 Sinking fund 2023 2022
£ £
At 1 June 2022 5,165 2,934
Transfer profit and loss account 1,517 2,231
At 31 May 2023 6,682 5,165
7 Controlling party
There is no controlling party.
8 Other information
MONUMENT COURT (WEYBRIDGE) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
7 Burcott Gardens
Addlestone
Surrey
KT15 2DE
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