Taylors Close Management Company Limited 01775773 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of a flat management company Digita Accounts Production Advanced 6.30.9574.0 true Mr R Barker Mr T Anthony Mr GP Sector true 01775773 2023-01-01 2023-12-31 01775773 2023-12-31 01775773 core:RetainedEarningsAccumulatedLosses 2023-12-31 01775773 core:ShareCapital 2023-12-31 01775773 core:LandBuildings 2023-12-31 01775773 bus:FRS102 2023-01-01 2023-12-31 01775773 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01775773 bus:FullAccounts 2023-01-01 2023-12-31 01775773 bus:RegisteredOffice 2023-01-01 2023-12-31 01775773 bus:Director1 2023-01-01 2023-12-31 01775773 bus:Director2 2023-01-01 2023-12-31 01775773 bus:Director3 2023-01-01 2023-12-31 01775773 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 01775773 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01775773 countries:EnglandWales 2023-01-01 2023-12-31 01775773 2022-12-31 01775773 core:LandBuildings 2022-12-31 01775773 2022-01-01 2022-12-31 01775773 2022-12-31 01775773 core:RetainedEarningsAccumulatedLosses 2022-12-31 01775773 core:ShareCapital 2022-12-31 01775773 core:LandBuildings 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 01775773

Taylors Close Management Company Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Taylors Close Management Company Limited

(Registration number: 01775773)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

100

100

Current assets

 

Cash at bank and in hand

 

16

16

Net assets

 

116

116

Capital and reserves

 

Called up share capital

5

16

16

Retained earnings

100

100

Shareholders' funds

 

116

116

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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.

Approved and authorised by the Board on 19 February 2024 and signed on its behalf by:
 

.........................................
Mr T Anthony
Director

 

Taylors Close Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1-2 Rhodium Point
Spindle Close
Hawkinge
Folkestone
Kent
CT18 7TQ

2

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.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet 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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Taylors Close Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023 (continued)

2

Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 January 2023

100

100

At 31 December 2023

100

100

Depreciation

Carrying amount

At 31 December 2023

100

100

At 31 December 2022

100

100

Included within the net book value of land and buildings above is £100 (2022 - £100) in respect of freehold land and buildings.
 

4

Cash and cash equivalents

2023
£

2022
£

Cash on hand

16

16

5

Share capital

6

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).