Silverfin false false 30/09/2023 01/10/2022 30/09/2023 Kim Jayne Cope 05/12/2014 Scott Stoneham 22/09/2014 Howard Neil Stoneham 22/09/2014 Caroline Jane Stoneham 30/06/2021 C J Stoneham 14 March 2024 The principal activity of the Company during the financial year was property management. 09227818 2023-09-30 09227818 bus:Director1 2023-09-30 09227818 bus:Director2 2023-09-30 09227818 bus:Director3 2023-09-30 09227818 bus:Director4 2023-09-30 09227818 2022-09-30 09227818 core:CurrentFinancialInstruments 2023-09-30 09227818 core:CurrentFinancialInstruments 2022-09-30 09227818 core:ShareCapital 2023-09-30 09227818 core:ShareCapital 2022-09-30 09227818 core:RetainedEarningsAccumulatedLosses 2023-09-30 09227818 core:RetainedEarningsAccumulatedLosses 2022-09-30 09227818 core:LandBuildings 2022-09-30 09227818 core:LandBuildings 2023-09-30 09227818 2022-10-01 2023-09-30 09227818 bus:FilletedAccounts 2022-10-01 2023-09-30 09227818 bus:SmallEntities 2022-10-01 2023-09-30 09227818 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 09227818 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 09227818 bus:Director1 2022-10-01 2023-09-30 09227818 bus:Director2 2022-10-01 2023-09-30 09227818 bus:Director3 2022-10-01 2023-09-30 09227818 bus:Director4 2022-10-01 2023-09-30 09227818 bus:Director5 2022-10-01 2023-09-30 09227818 core:LandBuildings core:TopRangeValue 2022-10-01 2023-09-30 09227818 2021-10-01 2022-09-30 09227818 core:LandBuildings 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure

Company No: 09227818 (England and Wales)

WARREN COURT MANAGEMENT LIMITED

Unaudited Financial Statements
For the financial year ended 30 September 2023
Pages for filing with the registrar

WARREN COURT MANAGEMENT LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2023

Contents

WARREN COURT MANAGEMENT LIMITED

BALANCE SHEET

As at 30 September 2023
WARREN COURT MANAGEMENT LIMITED

BALANCE SHEET (continued)

As at 30 September 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 4 467 479
467 479
Current assets
Cash at bank and in hand 689 2,470
689 2,470
Creditors: amounts falling due within one year 5 ( 10,281) ( 10,281)
Net current liabilities (9,592) (7,811)
Total assets less current liabilities (9,125) (7,332)
Net liabilities ( 9,125) ( 7,332)
Capital and reserves
Called-up share capital 4 4
Profit and loss account ( 9,129 ) ( 7,336 )
Total shareholders' deficit ( 9,125) ( 7,332)

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:

The financial statements of Warren Court Management Limited (registered number: 09227818) were approved and authorised for issue by the Board of Directors on 14 March 2024. They were signed on its behalf by:

C J Stoneham
Director
WARREN COURT MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2023
WARREN COURT MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Warren Court Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 32 Wood Ride, Petts Wood, BR5 1PY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of returns, rebates and discounts and after eliminating sales within the company.

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

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings 50 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 4 4

4. Tangible assets

Land and buildings Total
£ £
Cost
At 01 October 2022 575 575
At 30 September 2023 575 575
Accumulated depreciation
At 01 October 2022 96 96
Charge for the financial year 12 12
At 30 September 2023 108 108
Net book value
At 30 September 2023 467 467
At 30 September 2022 479 479

5. Creditors: amounts falling due within one year

2023 2022
£ £
Other creditors 10,281 10,281

6. Related party transactions

Transactions with the entity's directors

2023 2022
£ £
Directors' Loan Account (9,032) (9,032)