REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
OPENDEED RESIDENTS MANAGEMENT LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
OPENDEED RESIDENTS MANAGEMENT LIMITED |
OPENDEED RESIDENTS MANAGEMENT LIMITED (REGISTERED NUMBER: 02206418) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 DECEMBER 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
OPENDEED RESIDENTS MANAGEMENT LIMITED |
COMPANY INFORMATION |
for the year ended 31 DECEMBER 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
1 High Street |
Thatcham |
Berks |
RG19 3JG |
OPENDEED RESIDENTS MANAGEMENT LIMITED (REGISTERED NUMBER: 02206418) |
STATEMENT OF FINANCIAL POSITION |
31 DECEMBER 2023 |
31.12.23 | 31.12.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
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 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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
OPENDEED RESIDENTS MANAGEMENT LIMITED (REGISTERED NUMBER: 02206418) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 DECEMBER 2023 |
1. | STATUTORY INFORMATION |
Opendeed Residents Management Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
£ | £ |
Other debtors |
Debtors includes service charges and insurance premiums due from flat owners in the sum of £238 (2022: £454). |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Other creditors |
Included within other creditors is an amount due to flat owners of £3,772 (2022: £3,223). |
6. | RESERVES |
Retained |
earnings |
£ |
Profit for the year |
Flat-owners account | ( |
) |
At 31 December 2023 |
7. | CONTINGENT LIABILITIES |
There were no contingent liabilities at 31st December 2023 or at 31st December 2022. |
8. | 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. |
9. | ULTIMATE CONTROLLING PARTY |
Each flat owner is entitled to hold one share in the company and there is no ultimate controlling party. |
OPENDEED RESIDENTS MANAGEMENT LIMITED (REGISTERED NUMBER: 02206418) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 DECEMBER 2023 |
10. | REGISTERED CHARGES |
A former shareholder holds a registered legal charge against the company secured on £77,500 due or to become due from the company to that former shareholder. |