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REGISTERED NUMBER: 02349228 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

MIDDLE FARM PLACE MANAGEMENT
COMPANY LIMITED

MIDDLE FARM PLACE MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02349228)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MIDDLE FARM PLACE MANAGEMENT
COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: R S Wyld
W T E Jennings
C Gardner
P A Jones





SECRETARY: R S Wyld





REGISTERED OFFICE: 38 Middle Farm Place
Effingham
Surrey
KT24 5LA





REGISTERED NUMBER: 02349228 (England and Wales)





ACCOUNTANTS: RJP LLP
Ground Floor
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL

MIDDLE FARM PLACE MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02349228)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 1,346 2,049
Cash at bank 74,671 64,920
76,017 66,969
CREDITORS
Amounts falling due within one year 5 1,824 1,560
NET CURRENT ASSETS 74,193 65,409
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,193

65,409

PROVISIONS FOR LIABILITIES 6 72,357 63,832
NET ASSETS 1,836 1,577

RESERVES
Income and expenditure account 1,836 1,577
1,836 1,577

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by:





W T E Jennings - Director


MIDDLE FARM PLACE MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02349228)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Middle Farm Place 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 management fee income and is recognised in the period the income relates to.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 221 1,109
Other debtors 1,125 940
1,346 2,049

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 90 26
Other creditors 1,734 1,534
1,824 1,560

MIDDLE FARM PLACE MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02349228)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


6. PROVISIONS FOR LIABILITIES

FUND 1ExternalFlatsGeneralManagementProvision
decorationsgardenmaintenancefeein accounts
£££££
Provision b/fwd2,225-7,3943,62613,245
Paid in year--(600)-(600)
Provided in year-4334,2016255,259
Provision c/fwd2,22543310,9954,25117,904

FUND 2RoadStreetlightRoadOpen spaceProvision
Sweepingmaintenanceresurfacingmaintenancein accounts
£££££
Provision b/fwd1,0962,92544,3122,25550,588
Paid in year-(213)(500)-(713)
Provided in year1033003,8503264,579
Provision c/fwd1,1993,01247,6622,58154,454

Total Fund 1 & 272,358

7. RELATED PARTY DISCLOSURES

During the year a director charged the company £1,053 (2023 - £933) for services provided.