HFF Management Ltd |
|
Report to the directors on the preparation of the unaudited statutory accounts of HFF Management Ltd for the year ended 31 December 2023 |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of HFF Management Ltd for the year ended 31 December 2023 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ |
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
N J Ruse and Associates |
Chartered Certified Accountants |
Eagle House, Cranleigh Close |
Sanderstead |
South Croydon |
CR2 9LH |
|
2 August 2024 |
|
HFF Management Ltd |
(A company limited by guarantee, not having a share capital) |
Registered number: |
03685551 |
Balance Sheet |
as at 31 December 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Current Assets |
Debtors |
3 |
|
1,682 |
|
|
1,228 |
Bank and Cash |
|
|
30,787 |
|
|
27,778 |
|
|
|
32,469 |
|
|
29,006 |
|
Creditors: Due Within One Year |
4 |
|
(3,082) |
|
|
(3,019) |
|
Net Current Assets |
|
|
|
29,387 |
|
|
25,987 |
|
Net Assets |
|
|
|
29,387 |
|
|
25,987 |
|
|
|
|
|
|
|
|
Capital and Reserves |
General Reserve |
5 |
|
|
2,500 |
|
|
2,500 |
Sinking Fund |
|
|
|
26,887 |
|
|
23,487 |
|
Shareholder's Funds |
|
|
|
29,387 |
|
|
25,987 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
____________________ |
P Palmer-Edwards |
Director |
Approved by the board on 1 August 2024 |
|
HFF Management Ltd |
(A company limited by guarantee, not having a share capital) |
Notes to the Accounts |
for the year ended 31 December 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
The service charges received from the properties at Home Field Farm during the year. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Trade Debtors |
- |
|
1,228 |
|
Other Debtors |
1,682 |
|
- |
|
|
|
|
|
|
1,682 |
|
1,228 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: Due Within One Year |
2023 |
|
2022 |
£ |
£ |
|
|
Other Creditors |
3,082 |
|
3,019 |
|
|
|
|
|
|
|
|
|
|
5 |
General Reserve |
2023 |
|
2022 |
£ |
£ |
|
|
At 1 January 2023 |
2,500 |
|
2,500 |
|
|
At 31 December 2023 |
2,500 |
|
2,500 |
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
|
|
HFF Management Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
12 Clyde Road |
|
Wallington |
|
Surrey |
|
SM6 8PZ |
|