Registration number:
St. Uny Apartments (Carbis Bay) Management Company Limited
for the Year Ended 31 December 2023
St. Uny Apartments (Carbis Bay) Management Company Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
St. Uny Apartments (Carbis Bay) Management Company Limited
Company Information
Directors |
A McVeigh C Ryan D R Clarke J L Geddes M M E Sanders C M Bristow G R Taylor |
Company secretary |
C Ryan |
Registered office |
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Accountants |
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St. Uny Apartments (Carbis Bay) Management Company Limited
(Registration number: 13491050)
Balance Sheet as at 31 December 2023
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2022 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets/(liabilities) |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
7 |
7 |
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Shareholders' funds |
7 |
7 |
St. Uny Apartments (Carbis Bay) Management Company Limited
(Registration number: 13491050)
Balance Sheet as at 31 December 2023
For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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A McVeigh
Director
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C Ryan
Company secretary and director
St. Uny Apartments (Carbis Bay) Management Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Debtors
Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Creditors
Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
St. Uny Apartments (Carbis Bay) Management Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
Staff numbers |
The average number of persons appointed by the company who are all directors during the year, was
Tangible assets |
Land and buildings |
Total |
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Cost or valuation |
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At 1 January 2023 |
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At 31 December 2023 |
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Carrying amount |
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At 31 December 2023 |
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At 31 December 2022 |
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Included within the net book value of land and buildings above is £11,905 (2022 - £11,905) in respect of freehold land and buildings.
Debtors |
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2022 |
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Prepayments |
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Contributions due from shareholders |
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St. Uny Apartments (Carbis Bay) Management Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
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Funds held on statutory trust |
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Funds held on statutory trust |
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Accruals and deferred income |
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Other creditors |
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Creditors: amounts falling due after more than one year
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Due after one year |
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Loans and borrowings |
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Loans and borrowings |
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2022 |
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Non-current loans and borrowings |
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Directors' loan accounts |
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Related party transactions |
Control
There is no controlling entity. Each shareholder owns one ordinary share. The Articles of Association stipulate that only one share can be issued for each residential unit within the estate.
Transactions
At year end the company holds funds of £8,879 on trust for the residents of St. Uny Apartments (Carbis Bay) Property Service Charge. In the year funds were transferred from the residents to cover company costs of £1,172 (2022 - £1,136).