Registration number:
Management Company Vine Court Limited
(A company limited by guarantee)
for the Year Ended 30 September 2023
Management Company Vine Court Limited
Contents
Company Information |
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Directors' Report |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
Management Company Vine Court Limited
Company Information
Directors |
Scott Aaron Folan Yvonne Lynn Mitchell Carly Amelia Welton |
Registered office |
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Accountants |
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Management Company Vine Court Limited
Directors' Report for the Year Ended 30 September 2023
The directors present their report and the financial statements for the year ended 30 September 2023.
Directors of the company
The directors who held office during the year were as follows:
Principal activity
The principal activity of the company is is that of residents property management.
Small companies provision statement
This report has 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
......................................... |
Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Management Company Vine Court Limited
for the Year Ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Management Company Vine Court Limited for the year ended 30 September 2023 as set out on pages 4 to 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/
rules-and-standards/rulebook.html.
This report is made solely to the Board of Directors of Management Company Vine Court Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Management Company Vine Court Limited and state those matters that we have agreed to state to the Board of Directors of Management Company Vine Court Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Management Company Vine Court Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Management Company Vine Court Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Management Company Vine Court Limited. You consider that Management Company Vine Court 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 accounts of Management Company Vine Court 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 accounts.
Chartered Certified Accountants
Northside
Joel Street
Northwood Hills
HA6 1NW
Management Company Vine Court Limited
Profit and Loss Account for the Year Ended 30 September 2023
Note |
2023 |
2022 |
|
Turnover |
|
- |
|
Administrative expenses |
( |
- |
|
Operating surplus/(deficit) |
- |
- |
|
Surplus/(deficit) before tax |
- |
- |
|
Surplus/(deficit) for the financial year |
- |
- |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
Management Company Vine Court Limited
(Registration number: 13646526)
Balance Sheet as at 30 September 2023
Note |
2023 |
2022 |
|
Current assets |
|||
Debtors |
|
- |
|
Cash at bank and in hand |
|
- |
|
|
- |
||
Creditors: Amounts falling due within one year |
( |
- |
|
Net assets/(liabilities) |
- |
- |
|
Reserves |
|||
Surplus/(deficit) |
- |
- |
For the financial year ending 30 September 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.
Approved and authorised by the
......................................... |
Management Company Vine Court Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023
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.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
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.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Taxation |
Analysis of the tax charge
|
2023 |
2022 |
Corporation Tax |
- |
- |
Debtors |
Current |
2023 |
2022 |
Deferred expenditure fund |
306 |
- |
Management Company Vine Court Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
|
Due within one year |
||
Accruals |
570 |
- |
Management Company Vine Court Limited
Detailed Profit and Loss Account for the Year Ended 30 September 2023
2023 |
2022 |
|
Turnover (analysed below) |
1,945 |
- |
Gross surplus (%) |
100% |
0% |
Administrative expenses |
(1,945) |
- |
Operating surplus/(deficit) |
- |
- |
Surplus/(deficit) before tax |
- |
- |
Management Company Vine Court Limited
Detailed Profit and Loss Account for the Year Ended 30 September 2023
2023 |
2022 |
Turnover |
||
Service charge receivable |
1,945 |
- |
General administrative expenses |
||
Light, heat and power |
(1,149) |
- |
Insurance |
(532) |
- |
Sundry expenses |
(90) |
- |
Accountancy fees |
(480) |
- |
Deferred expenditure fund |
306 |
- |
(1,945) |
- |