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REGISTERED NUMBER: 04773023 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

HIGH VIEW (WHICKHAM) MANAGEMENT LTD

HIGH VIEW (WHICKHAM) MANAGEMENT LTD (REGISTERED NUMBER: 04773023)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


HIGH VIEW (WHICKHAM) MANAGEMENT LTD

COMPANY INFORMATION
for the Year Ended 31st December 2023







DIRECTOR: B Lumley





SECRETARY: P W Bigge





REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 04773023 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

HIGH VIEW (WHICKHAM) MANAGEMENT LTD (REGISTERED NUMBER: 04773023)

REPORT OF THE DIRECTOR
for the Year Ended 31st December 2023

The director presents his report with the financial statements of the company for the year ended 31st December 2023.

DIRECTOR
B Lumley held office during the whole of the period from 1st January 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





B Lumley - Director


7th March 2024

HIGH VIEW (WHICKHAM) MANAGEMENT LTD (REGISTERED NUMBER: 04773023)

INCOME STATEMENT
for the Year Ended 31st December 2023

31/12/23 31/12/22
Notes £    £   

INCOME 15,587 13,918

Service charge expenditure 15,157 14,635
OPERATING PROFIT/(LOSS) 430 (717 )

Interest receivable and similar income 71 5
PROFIT/(LOSS) BEFORE TAXATION 501 (712 )

Tax on profit/(loss) 4 - -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

501

(712

)

HIGH VIEW (WHICKHAM) MANAGEMENT LTD (REGISTERED NUMBER: 04773023)

BALANCE SHEET
31st December 2023

31/12/23 31/12/22
Notes £    £   
CURRENT ASSETS
Debtors 5 13,141 12,349

CREDITORS
Amounts falling due within one year 6 13,129 12,337
NET CURRENT ASSETS 12 12
TOTAL ASSETS LESS CURRENT
LIABILITIES

12

12

CAPITAL AND RESERVES
Called up share capital 7 12 12
SHAREHOLDERS' FUNDS 12 12

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 7th March 2024 and were signed by:





B Lumley - Director


HIGH VIEW (WHICKHAM) MANAGEMENT LTD (REGISTERED NUMBER: 04773023)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

High View (Whickham) Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
During the year the company received monies from lessees, as agent, in respect of service charges and associated income, which are held on trust and do not constitute turnover.

Presentation of the income statement
The presentation of the Income Statement on page 3 has been modified from the prescribed format for Company accounts in order to provide more information to lessees and other parties who may be interested in the expenditure incurred in the management of the property.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

31/12/23 31/12/22
£    £   
Director's remuneration - -

4. TAXATION

Analysis of the tax charge
No liability to UK corporation tax arose for the year ended 31st December 2023 nor for the year ended 31st December 2022.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Sundry Debtors 2,178 294
Bank balances held by managing agent 8,451 8,098
Service Charge Deficit 211 -
Prepayments 2,301 3,957
13,141 12,349

HIGH VIEW (WHICKHAM) MANAGEMENT LTD (REGISTERED NUMBER: 04773023)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade creditors 1,982 1,243
Service Charge Account - 802
Reserve Fund 10,097 9,347
Accrued expenses 1,050 945
13,129 12,337

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/23 31/12/22
value: £    £   
12 Ordinary £1 12 12

8. RESERVES
Retained
earnings
£   

Profit for the year 501
Transfer to/(from) Service Charge
Account

(501

)

At 31st December 2023 -

9. RELATED PARTY DISCLOSURES

The company is a mutual trading company and as such received income in the form of service charge from residents, some of whom are directors of the company. Service charges payable by the directors are on the same basis as for all the other residents. No other transactions with related parties were undertaken such as are required to be disclosed under the FRS 102.