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REGISTERED NUMBER: 04746860 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HERMITAGE COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED

HERMITAGE COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 04746860)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 DECEMBER 2023




Page

Company Information 1

Report of the Directors 2

Statement of Income and Retained Earnings 3

Statement of Financial Position 4

Notes to the Financial Statements 5


HERMITAGE COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED

COMPANY INFORMATION
for the year ended 31 DECEMBER 2023







DIRECTORS: P. Hay
P. J. Jackson
V Godson





REGISTERED OFFICE: 386 Finchampstead Road
Finchampstead
Wokingham
Berks
RG40 3LA





REGISTERED NUMBER: 04746860 (England and Wales)





ACCOUNTANTS: C B Heslop & Company Limited
Chartered Accountants
1 High Street
Thatcham
Berks
RG19 3JG

HERMITAGE COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 04746860)

REPORT OF THE DIRECTORS
for the year ended 31 DECEMBER 2023

The directors present their report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of management and administration, on a non profit making basis, on the communal areas relating to the development on behalf of the property owners, lessees or tenants.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2023 to the date of this report.

P. Hay
P. J. Jackson
V Godson

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:





P. J. Jackson - Director


11 April 2024

HERMITAGE COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 04746860)

STATEMENT OF INCOME AND
RETAINED EARNINGS
for the year ended 31 DECEMBER 2023

31.12.23 31.12.22
£    £   

TURNOVER 58,858 46,019

Administrative expenses 56,643 54,156
OPERATING SURPLUS/(DEFICIT) 2,215 (8,137 )

Interest receivable and similar income 6 17
SURPLUS/(DEFICIT) BEFORE
TAXATION

2,221

(8,120

)

Tax on surplus/(deficit) - -
SURPLUS/(DEFICIT) FOR THE
FINANCIAL YEAR

2,221

(8,120

)

RETAINED EARNINGS AT END OF
YEAR

2,221

(8,120

)

HERMITAGE COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 04746860)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 4 12,107 8,235
Cash at bank 1,128 1,819
13,235 10,054
CREDITORS
Amounts falling due within one year 5 1,825 864
NET CURRENT ASSETS 11,410 9,190
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,410

9,190

RESERVES
Reserve fund for major works 6 11,410 9,190
11,410 9,190

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

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

The directors acknowledge their 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 surplus or deficit 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 Board of Directors and authorised for issue on 11 April 2024 and were signed on its behalf by:





P. J. Jackson - Director


HERMITAGE COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 04746860)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 DECEMBER 2023

1. STATUTORY INFORMATION

Hermitage Court (Thatcham) Management Company Limited is a private company, limited by guarantee , 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.

Turnover
Turnover represents Maintenance Charges Receivable in respect of communal expenditure in the ordinary course of business. Value added tax is not charged thereon.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 5,220 2,021
Other debtors 6,887 6,214
12,107 8,235

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 1,825 864

6. RESERVES
Income Reserve
and fund for
expenditure major
account works Totals
£    £    £   

At 1 January 2023 - 9,190 9,190
Surplus for the year 2,221 2,221
Surplus/deficit to reserves (2,221 ) - (2,221 )
Transfer from income and
expenditure account - 2,220 2,220
At 31 December 2023 - 11,410 11,410

7. RELATED PARTY DISCLOSURES

The company derives its income from its members and incurs all expenses on behalf of and for the ultimate benefit of those members. All transactions are therefore considered to be related party transactions.

HERMITAGE COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 04746860)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 DECEMBER 2023

8. LIMITATION OF LIABILITY

The Company is limited by Guarantee.

Every member of the Company undertakes to contribute to the assets of the Company in the event of the same being wound up while he or she is a member, or within one year after he or she ceases to be a member,for the payment of the debts and liabilities of the Company, for the costs and expenses of winding up and for the adjustment of the rights of the contributories amongst themselves. Such amount as may be required not exceeding one pound.