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REGISTERED NUMBER: 04869222 (England and Wales)



Unaudited Financial Statements

for the Year Ended 31st December 2023

for

The Terrace (Chinley) Management Company
Limited

The Terrace (Chinley) Management Company
Limited (Registered number: 04869222)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


The Terrace (Chinley) Management Company
Limited

Company Information
for the Year Ended 31st December 2023







DIRECTORS: G Hewitt
P Whittaker
J F Crosland
P G Sutton





SECRETARY: G Hewitt





REGISTERED OFFICE: 6 Manchester Road
Buxton
Derbyshire
SK17 6SB





REGISTERED NUMBER: 04869222 (England and Wales)





ACCOUNTANTS: Laytons
Chartered Accountants
6 Manchester Road
Buxton
Derbyshire
SK17 6SB

The Terrace (Chinley) Management Company
Limited (Registered number: 04869222)

Abridged Balance Sheet
31st December 2023

31.12.23 31.12.22
£    £   
CURRENT ASSETS
Debtors (340 ) -
Cash at bank 44,242 42,172
43,902 42,172
CREDITORS
Amounts falling due within one year 833 684
NET CURRENT ASSETS 43,069 41,488
TOTAL ASSETS LESS CURRENT LIABILITIES 43,069 41,488

RESERVES
Income and expenditure account 43,069 41,488
MEMBERS' FUNDS 43,069 41,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 14th August 2024 and were signed on its behalf by:





G Hewitt - Director


The Terrace (Chinley) Management Company
Limited (Registered number: 04869222)

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

1. STATUTORY INFORMATION

The Terrace (Chinley) 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 the service charges received during the year from each property occupant for the upkeep of communal areas.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. COMMUNAL SPENDING

The following costs have been identified as relating to the whole site:

Stationery 88
Repairs and Maintenance 452
Gardening 2,045
Accountancy 784
Site Management Fee 1,800
Sundries 8
Total 5,177