REGISTERED NUMBER: |
Unaudited Financial Statements |
For The Year Ended 24 December 2023 |
for |
IMPERIAL COURT MANAGEMENT |
(KENSINGTON) LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
For The Year Ended 24 December 2023 |
for |
IMPERIAL COURT MANAGEMENT |
(KENSINGTON) LIMITED |
IMPERIAL COURT MANAGEMENT |
(KENSINGTON) LIMITED (REGISTERED NUMBER: 01657127) |
Contents of the Financial Statements |
For The Year Ended 24 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
IMPERIAL COURT MANAGEMENT |
(KENSINGTON) LIMITED |
Company Information |
For The Year Ended 24 December 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
T/A Lees-Buckley & Co |
16 Northfields Prospect |
Putney Bridge Road |
London |
SW18 1PE |
IMPERIAL COURT MANAGEMENT |
(KENSINGTON) LIMITED (REGISTERED NUMBER: 01657127) |
Balance Sheet |
24 December 2023 |
24.12.23 | 24.12.22 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
IMPERIAL COURT MANAGEMENT |
(KENSINGTON) LIMITED (REGISTERED NUMBER: 01657127) |
Balance Sheet - continued |
24 December 2023 |
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 |
IMPERIAL COURT MANAGEMENT |
(KENSINGTON) LIMITED (REGISTERED NUMBER: 01657127) |
Notes to the Financial Statements |
For The Year Ended 24 December 2023 |
1. | STATUTORY INFORMATION |
Imperial Court Management (Kensington) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Service Charge Balances |
The company is trustee for the service charge of its freehold property and related expenditure is commissioned in its own (company) name. Accordingly, and whilst service charge income and expenditure have been excluded from the Profit and Loss Account, related assets and liabilities are recorded in the Balance Sheet with movement therein shown in notes to the financial statements. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | INVESTMENT PROPERTY |
The company owns the freehold reversion of Imperial Court, 4-10 Lexham Gardens, London W8, which the directors consider to be of nil value at 24th December 2023. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
24.12.23 | 24.12.22 |
£ | £ |
Lessee arrears |
Funds held by managing agents | 174,799 | 90,887 |
Prepayments and accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
24.12.23 | 24.12.22 |
£ | £ |
Trade creditors |
Other creditors |
Lessee account balances | 10,670 | - |
Accrued expenses |
IMPERIAL COURT MANAGEMENT |
(KENSINGTON) LIMITED (REGISTERED NUMBER: 01657127) |
Notes to the Financial Statements - continued |
For The Year Ended 24 December 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
SERVICE CHARGE RESERVE FUND |
24.12.23 | 24.12.22 |
£ | £ |
Balance at 25.12.22 | 130,407 | 59,266 |
Interest received net of tax | 720 | 6 |
Transfer To reserve fund during the year (Note 5) | 67,419 | 71,135 |
Balance at 24.12.23 | 198,546 | 130,407 |