Registration number:
Harts Farm (North) Management Company Limited
(A company limited by guarantee)
for the Year Ended 31 May 2023
Harts Farm (North) Management Company Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
Harts Farm (North) Management Company Limited
Registration number: 04743502
Balance Sheet as at 31 May 2023
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Reserve fund for major works |
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Income and expenditure account |
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Members' funds |
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The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.
Harts Farm (North) Management Company Limited
Registration number: 04743502
Balance Sheet as at 31 May 2023 (continued)
For the financial year ending 31 May 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income and Expenditure Account.
Approved and authorised by the
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Harts Farm (North) Management Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023
General information |
The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £25 towards the assets of the company in the event of liquidation.
The address of its registered office is:
England
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 presented in sterling which is the functional currency of the company and rounded to the nearest £.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the maintenance and reserve fund charges made in the ordinary course of the company’s activities.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Harts Farm (North) Management Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023 (continued)
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Debtors |
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Maintenance charges in arrears |
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Other debtors |
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Total current trade and other debtors |
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Creditors |
Creditors: amounts falling due within one year
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Due within one year |
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Trade creditors |
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Other creditors |
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