REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
INGLEWOOD MANAGEMENT COMPANY LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
INGLEWOOD MANAGEMENT COMPANY LIMITED |
INGLEWOOD MANAGEMENT COMPANY LIMITED (Registered number: 01772493) |
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 |
INGLEWOOD MANAGEMENT COMPANY LIMITED |
Company Information |
for the Year Ended 31 December 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
35 Hall Pool Drive |
St Johns Wood |
Offerton |
Stockport |
Cheshire |
SK2 5ED |
INGLEWOOD MANAGEMENT COMPANY LIMITED (Registered number: 01772493) |
Balance Sheet |
31 December 2023 |
31.12.23 | 31.12.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 | 11,519 | 6,360 |
Cash at bank | 45,756 | 36,384 |
57,275 | 42,744 |
CREDITORS |
Amounts falling due within one year | 5 | 17,426 | 11,004 |
NET CURRENT ASSETS | 39,849 | 31,740 |
TOTAL ASSETS LESS CURRENT LIABILITIES | 39,849 | 31,740 |
CAPITAL AND RESERVES |
Called up share capital | 23 | 23 |
Sinking fund | 6 | 39,826 | 16,648 |
Retained earnings | 6 | - | 15,069 |
SHAREHOLDERS' FUNDS | 39,849 | 31,740 |
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 |
INGLEWOOD MANAGEMENT COMPANY LIMITED (Registered number: 01772493) |
Notes to the Financial Statements |
for the Year Ended 31 December 2023 |
1. | STATUTORY INFORMATION |
INGLEWOOD MANAGEMENT COMPANY LIMITED is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Trade debtors |
Prepayments |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Trade creditors |
Service charge in advance |
Accrued expenses |
6. | RESERVES |
Retained | Sinking |
earnings | fund | Totals |
£ | £ | £ |
At 1 January 2023 | 15,069 | 16,648 | 31,717 |
Deficit for the year | (15,069 | ) | (15,069 | ) |
Transfer profit and loss | - | 23,178 | 23,178 |
At 31 December 2023 | - | 39,826 | 39,826 |
7. | RELATED PARTY DISCLOSURES |
The income of the company arises from service charges made to the 22 leaseholders of flats at Inglewood, St Margaret's Road, Altrincham, Cheshire in order to cover the costs of the maintenance and upkeep of the common areas of those premises. In that regard cash held in the company's name is in fact held in trust for the leaseholders. |