Silverfin false false 30/11/2023 01/12/2022 30/11/2023 Mrs M Corke 02/02/2019 Mrs A Hood 02/02/2019 Mr D Mcphee 05/01/2018 Mr G Reynolds 25/08/2023 05/01/2018 Mr N S Sandhu 05/01/2018 08 August 2024 The principal activity of the company is administering the property known as "Maidenfield" for the benefit of the members. 09330544 2023-11-30 09330544 bus:Director1 2023-11-30 09330544 bus:Director2 2023-11-30 09330544 bus:Director3 2023-11-30 09330544 bus:Director4 2023-11-30 09330544 bus:Director5 2023-11-30 09330544 core:CurrentFinancialInstruments 2023-11-30 09330544 core:CurrentFinancialInstruments 2022-11-30 09330544 2022-11-30 09330544 core:ShareCapital 2023-11-30 09330544 core:ShareCapital 2022-11-30 09330544 core:RetainedEarningsAccumulatedLosses 2023-11-30 09330544 core:RetainedEarningsAccumulatedLosses 2022-11-30 09330544 bus:OrdinaryShareClass1 2023-11-30 09330544 2022-12-01 2023-11-30 09330544 bus:FilletedAccounts 2022-12-01 2023-11-30 09330544 bus:SmallEntities 2022-12-01 2023-11-30 09330544 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 09330544 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09330544 bus:Director1 2022-12-01 2023-11-30 09330544 bus:Director2 2022-12-01 2023-11-30 09330544 bus:Director3 2022-12-01 2023-11-30 09330544 bus:Director4 2022-12-01 2023-11-30 09330544 bus:Director5 2022-12-01 2023-11-30 09330544 2021-12-01 2022-11-30 09330544 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 09330544 bus:OrdinaryShareClass1 2021-12-01 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09330544 (England and Wales)

MAIDENFIELD MANAGEMENT LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2023
Pages for filing with the registrar

MAIDENFIELD MANAGEMENT LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2023

Contents

MAIDENFIELD MANAGEMENT LIMITED

COMPANY INFORMATION

For the financial year ended 30 November 2023
MAIDENFIELD MANAGEMENT LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 November 2023
DIRECTORS Mrs M Corke
Mrs A Hood
Mr D Mcphee
Mr G Reynolds (Resigned 25 August 2023)
Mr N S Sandhu
REGISTERED OFFICE Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
COMPANY NUMBER 09330544 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
MAIDENFIELD MANAGEMENT LIMITED

BALANCE SHEET

As at 30 November 2023
MAIDENFIELD MANAGEMENT LIMITED

BALANCE SHEET (continued)

As at 30 November 2023
2023 2022
£ £
Current assets
Debtors 3 66 606
Cash at bank and in hand 5,467 4,546
5,533 5,152
Creditors: amounts falling due within one year 4 ( 675) ( 613)
Net current assets 4,858 4,539
Total assets less current liabilities 4,858 4,539
Net assets 4,858 4,539
Capital and reserves
Called-up share capital 5 6 6
Profit and loss account 4,852 4,533
Total shareholders' funds 4,858 4,539

For the financial year ending 30 November 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Maidenfield Management Limited (registered number: 09330544) were approved and authorised for issue by the Board of Directors on 08 August 2024. They were signed on its behalf by:

Mrs A Hood
Director
MAIDENFIELD MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
MAIDENFIELD MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Maidenfield Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.
The address of the Company's registered office is:
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Receipts represent service charges receivable from the members in order to meet joint flat expenses, as set out in the individual leases.

Taxation

Current tax
No corporation tax is provided for on the transactions with members, on the grounds that the company is a mutual trading company. Corporation tax is provided for on transactions involving persons who are not members.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Debtors

2023 2022
£ £
Accrued income 60 600
Other debtors 6 6
66 606

4. Creditors: amounts falling due within one year

2023 2022
£ £
Accruals 675 613

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
6 Ordinary shares of £ 1.00 each 6 6