PTP Accounts Production v24.1.0.578 06323425 Board of Directors 1.1.23 31.12.23 31.12.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063234252022-12-31063234252023-12-31063234252023-01-012023-12-31063234252022-12-3106323425ns15:EnglandWales2023-01-012023-12-3106323425ns14:PoundSterling2023-01-012023-12-3106323425ns10:Director12023-01-012023-12-3106323425ns10:CompanyLimitedByGuarantee2023-01-012023-12-3106323425ns10:SmallEntities2023-01-012023-12-3106323425ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3106323425ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3106323425ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3106323425ns10:FullAccounts2023-01-012023-12-3106323425ns10:Director22023-01-012023-12-3106323425ns10:Director72023-01-012023-12-3106323425ns10:CompanySecretary12023-01-012023-12-3106323425ns10:RegisteredOffice2023-01-012023-12-3106323425ns5:CurrentFinancialInstruments2023-12-3106323425ns5:RetainedEarningsAccumulatedLosses2023-12-3106323425ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3106323425ns5:RetainedEarningsAccumulatedLosses2022-12-3106323425ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 06323425 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Greyfriars Court RTM Company Limited

Greyfriars Court RTM Company Limited (Registered number: 06323425)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Greyfriars Court RTM Company Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Ms P Cox
Ms R Saunders
T Smith





SECRETARY:





REGISTERED OFFICE: 42 Masons Rise
Broadstairs
Kent
CT10 1AZ





REGISTERED NUMBER: 06323425 (England and Wales)





ACCOUNTANTS: Adlam Accountancy Services
22 Grange Road
Ramsgate
Kent
CT11 9LR

Greyfriars Court RTM Company Limited (Registered number: 06323425)

Balance Sheet
31 December 2023

Notes £   
CURRENT ASSETS
Debtors 4 21,970
Cash at bank 16,627
38,597
CREDITORS
Amounts falling due within one year 5 840
NET CURRENT ASSETS 37,757
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,757

PROVISIONS FOR LIABILITIES 6 2,787
NET ASSETS 34,970

RESERVES
Income and expenditure account 7 34,970
34,970

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 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 8 August 2024 and were signed on its behalf by:





T Smith - Director


Greyfriars Court RTM Company Limited (Registered number: 06323425)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Greyfriars Court RTM 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
This is a property management company formed for the benefit of the owners of the flats and as such is not
liable to tax.

Service Charges are raised to collect funds to pay for insurance and repairs etc affecting all the flats.

Reserves
Income received in the year exceeded expenditure by £11,002, resulting in funds of £34,970 available towards future expenditure.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 243
Fees raised - in arrears 18,497
Prepayments 3,230
21,970

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Accrued expenses 840

6. PROVISIONS FOR LIABILITIES

The previous Management Company were unable to allocate monies received totalling £2,787 and consequently this has been shown as a Provision for Liabilities to be re-allocated in the near future.

Greyfriars Court RTM Company Limited (Registered number: 06323425)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. RESERVES
Income
and
expenditure
account
£   

At 1 January 2023 23,968
Surplus for the year 11,002
At 31 December 2023 34,970

Greyfriars Court RTM Company Limited

Report of the Accountants to the Directors of
Greyfriars Court RTM Company Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Adlam Accountancy Services
22 Grange Road
Ramsgate
Kent
CT11 9LR


Date: .............................................