Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30Residents property managementThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false42022-12-014truetruefalse 05966336 2022-12-01 2023-11-30 05966336 2021-12-01 2022-11-30 05966336 2023-11-30 05966336 2022-11-30 05966336 c:Director1 2022-12-01 2023-11-30 05966336 c:Director3 2022-12-01 2023-11-30 05966336 c:Director4 2022-12-01 2023-11-30 05966336 c:Director5 2022-12-01 2023-11-30 05966336 c:RegisteredOffice 2022-12-01 2023-11-30 05966336 d:CurrentFinancialInstruments 2023-11-30 05966336 d:CurrentFinancialInstruments 2022-11-30 05966336 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 05966336 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 05966336 d:RetainedEarningsAccumulatedLosses 2023-11-30 05966336 d:RetainedEarningsAccumulatedLosses 2022-11-30 05966336 c:FRS102 2022-12-01 2023-11-30 05966336 c:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 05966336 c:FullAccounts 2022-12-01 2023-11-30 05966336 c:CompanyLimitedByGuarantee 2022-12-01 2023-11-30 05966336 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 05966336










CHURCH MEADOW (NORTHREPPS) RESIDENTS MANAGEMENT COMPANY LIMITED
(A Company Limited by Guarantee)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
CHURCH MEADOW (NORTHREPPS) RESIDENTS MANAGEMENT COMPANY LIMITED
 
(A Company Limited by Guarantee)
 
 
COMPANY INFORMATION


Directors
Richard Anthony Beare 
Julie Irene Ingram 
Christopher Ashton Stephenson 
Christopher John Burns 




Registered number
05966336



Registered office
10 Emerys Close
Northrepps

Cromer

Norfolk

NR27 0NE




Accountants
MA Partners LLP
Chartered Accountants

12 Church Street

Cromer

Norfolk

NR27 9ER





 
CHURCH MEADOW (NORTHREPPS) RESIDENTS MANAGEMENT COMPANY LIMITED
 
(A Company Limited by Guarantee)
 

CONTENTS



Page
Accountants' Report
 
1
Balance Sheet
 
2 - 3
Notes to the Financial Statements
 
4 - 5


 
CHURCH MEADOW (NORTHREPPS) RESIDENTS MANAGEMENT COMPANY LIMITED
 
(A Company Limited by Guarantee)
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CHURCH MEADOW (NORTHREPPS) RESIDENTS MANAGEMENT COMPANY LIMITED
FOR THE YEAR ENDED 30 NOVEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Church Meadow (Northrepps) Residents Management Company Limited for the year ended 30 November 2023 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of Church Meadow (Northrepps) Residents Management Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Church Meadow (Northrepps) Residents Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Church Meadow (Northrepps) Residents Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Church Meadow (Northrepps) Residents Management Company Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Church Meadow (Northrepps) Residents Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Church Meadow (Northrepps) Residents Management Company Limited. You consider that Church Meadow (Northrepps) Residents Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Church Meadow (Northrepps) Residents Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
12 Church Street
Cromer
Norfolk
NR27 9ER
9 August 2024
Page 1

 
CHURCH MEADOW (NORTHREPPS) RESIDENTS MANAGEMENT COMPANY LIMITED
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 05966336

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,217
1,029

Cash at bank and in hand
  
2,565
1,326

  
4,782
2,355

Creditors: amounts falling due within one year
 5 
(1,189)
(588)

Net current assets
  
 
 
3,593
 
 
1,767

Total assets less current liabilities
  
3,593
1,767

  

Net assets
  
3,593
1,767


Capital and reserves
  

Profit and loss account
  
3,593
1,767

  
3,593
1,767


Page 2

 
CHURCH MEADOW (NORTHREPPS) RESIDENTS MANAGEMENT COMPANY LIMITED
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 05966336
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 August 2024.




Christopher John Burns
Director

The notes on pages 4 to 5 form part of these financial statements.

Page 3

 
CHURCH MEADOW (NORTHREPPS) RESIDENTS MANAGEMENT COMPANY LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

The Company is a private company, limited by guarantee, incorporated and domiciled in England and Wales. The Company's registered office is 10 Emerys Close, Northrepps, Cromer, Norfolk, England, NR27 0NE.
The Company's principal activity is that of a residential property development in Northrepps, Norfolk.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
CHURCH MEADOW (NORTHREPPS) RESIDENTS MANAGEMENT COMPANY LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 4 (2022 - 4).


4.


Debtors

2023
2022
£
£


Trade debtors
2,000
800

Prepayments and accrued income
217
229

2,217
1,029



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
589
-

Accruals and deferred income
600
588

1,189
588




6.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the company in the event of liquidation.

 
Page 5