0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 3,751 3,751 3,751 xbrli:pure xbrli:shares iso4217:GBP 03858882 2023-01-01 2023-12-31 03858882 2023-12-31 03858882 2022-12-31 03858882 2022-01-01 2022-12-31 03858882 2022-12-31 03858882 2021-12-31 03858882 bus:Director1 2023-01-01 2023-12-31 03858882 core:WithinOneYear 2023-12-31 03858882 core:WithinOneYear 2022-12-31 03858882 core:ShareCapital 2023-12-31 03858882 core:ShareCapital 2022-12-31 03858882 core:RetainedEarningsAccumulatedLosses 2023-12-31 03858882 core:RetainedEarningsAccumulatedLosses 2022-12-31 03858882 core:LandBuildings 2023-12-31 03858882 core:LandBuildings 2022-12-31 03858882 bus:SmallEntities 2023-01-01 2023-12-31 03858882 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03858882 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03858882 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03858882 bus:FullAccounts 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 03858882
Rimmers Court (Management) Ltd
Filleted Unaudited Financial Statements
31 December 2023
Rimmers Court (Management) Ltd
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
4
3,751
3,751
Current assets
Debtors
5
2,226
1,847
Cash at bank and in hand
10,968
13,194
--------
--------
13,194
15,041
Creditors: amounts falling due within one year
6
618
576
--------
--------
Net current assets
12,576
14,465
--------
--------
Total assets less current liabilities
16,327
18,216
--------
--------
Net assets
16,327
18,216
--------
--------
Capital and reserves
Called up share capital
10
10
Profit and loss account
16,317
18,206
--------
--------
Shareholders funds
16,327
18,216
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31st December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Rimmers Court (Management) Ltd
Statement of Financial Position (continued)
31 December 2023
These financial statements were approved by the board of directors and authorised for issue on 5 April 2024 , and are signed on behalf of the board by:
Mr M Jelley
Director
Company registration number: 03858882
Rimmers Court (Management) Ltd
Notes to the Financial Statements
Year ended 31st December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 21 Westway, Maghull, Liverpool, L31 2PQ, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover represents service charges receivable from the residential lessees.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Tangible assets
Land and buildings
£
Cost
At 1st January 2023 and 31st December 2023
3,751
-------
Depreciation
At 1st January 2023 and 31st December 2023
-------
Carrying amount
At 31st December 2023
3,751
-------
At 31st December 2022
3,751
-------
5. Debtors
2023
2022
£
£
Other debtors
2,226
1,847
-------
-------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
618
576
----
----