Registered number
02126532
EVERSHOLT COURT (BARNET) MANAGEMENT COMPANY LTD
Filleted Accounts
31 December 2023
EVERSHOLT COURT (BARNET) MANAGEMENT COMPANY LTD
Registered number: 02126532
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Cash at bank and in hand 32,876 25,190
Creditors: amounts falling due within one year 3 (2,048) (1,973)
Net current assets 30,828 23,217
Net assets 30,828 23,217
Capital and reserves
Called up share capital 48 48
Revaluation reserve 4 9,600 9,600
Profit and loss account 21,180 13,569
Accumulated Funds 30,828 23,217
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R P Black
Director
Approved by the board on 28 February 2024
EVERSHOLT COURT (BARNET) MANAGEMENT COMPANY LTD
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Income
Income represents Service Charges received from the members of the Company in respect of general maintenance of Eversholt Court and Wordsworth Court, together with the administration costs of the company.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 75 -
Taxation and social security costs 53 53
Other creditors 1,920 1,920
2,048 1,973
4 Revaluation reserve 2023 2022
£ £
At 1 January 2023 9,600 9,600
At 31 December 2023 9,600 9,600
5 Controlling party
The company was in both the current and preceding accounting periods under the ultimate control of its director by virtue of his ownership of the company’s entire issued share capital.
6 Other information
EVERSHOLT COURT (BARNET) MANAGEMENT COMPANY LTD is a private company limited by shares and incorporated in England. Its registered office is:
175 High Street
Hadley Green
Barnet
Hertfordshire
EN5 5SU
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