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Company No: 02626897 (England and Wales)

SEACROFT COURT MANAGEMENT (PAIGNTON) LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2023
Pages for filing with the registrar

SEACROFT COURT MANAGEMENT (PAIGNTON) LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2023

Contents

SEACROFT COURT MANAGEMENT (PAIGNTON) LIMITED

COMPANY INFORMATION

For the financial year ended 31 October 2023
SEACROFT COURT MANAGEMENT (PAIGNTON) LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 October 2023
DIRECTOR Mr S A Procter
SECRETARY Mr A R Procter
REGISTERED OFFICE 318 Torquay Road
Paignton
TQ3 2DZ
England
United Kingdom
COMPANY NUMBER 02626897 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
SEACROFT COURT MANAGEMENT (PAIGNTON) LIMITED

BALANCE SHEET

As at 31 October 2023
SEACROFT COURT MANAGEMENT (PAIGNTON) LIMITED

BALANCE SHEET (continued)

As at 31 October 2023
2023 2022
£ £
Current assets
Debtors 3 18,968 22,630
Cash at bank and in hand 6,794 2,453
25,762 25,083
Creditors: amounts falling due within one year 4 ( 20,862) ( 19,288)
Net current assets 4,900 5,795
Total assets less current liabilities 4,900 5,795
Net assets 4,900 5,795
Capital and reserves
Called-up share capital 0 0
Other reserves 4,900 4,900
Profit and loss account 0 895
Total shareholders' funds 4,900 5,795

For the financial year ending 31 October 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Seacroft Court Management (Paignton) Limited (registered number: 02626897) were approved and authorised for issue by the Director on 31 July 2024. They were signed on its behalf by:

Mr S A Procter
Director
SEACROFT COURT MANAGEMENT (PAIGNTON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2023
SEACROFT COURT MANAGEMENT (PAIGNTON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 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

Seacroft Court Management (Paignton) 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 318 Torquay Road, Paignton, TQ3 2DZ, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include 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 director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has 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 is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
No Corporation Tax is provided for on the transactions with members, on the grounds that the company is a mutual trading company.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Debtors

2023 2022
£ £
Other debtors 18,968 22,630

4. Creditors: amounts falling due within one year

2023 2022
£ £
Accruals 18,574 19,288
Other creditors 2,288 0
20,862 19,288