Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 05457966 Mr Philip Morgan Mr Jeremy Holland Mrs Anna Yeandle Mr Andrew Wyer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05457966 2022-12-31 05457966 2023-12-31 05457966 2023-01-01 2023-12-31 05457966 frs-core:CurrentFinancialInstruments 2023-12-31 05457966 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05457966 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 05457966 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05457966 frs-bus:SmallEntities 2023-01-01 2023-12-31 05457966 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05457966 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05457966 frs-bus:Director1 2023-01-01 2023-12-31 05457966 frs-bus:Director2 2023-01-01 2023-12-31 05457966 frs-bus:Director3 2023-01-01 2023-12-31 05457966 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 05457966 frs-countries:EnglandWales 2023-01-01 2023-12-31 05457966 2021-12-31 05457966 2022-12-31 05457966 2022-01-01 2022-12-31 05457966 frs-core:CurrentFinancialInstruments 2022-12-31 05457966 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 05457966
Glen Creedy Court House Management Company Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 05457966
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 420 300
Cash at bank and in hand 3,071 1,839
3,491 2,139
Creditors: Amounts Falling Due Within One Year 5 (1,023 ) (992 )
NET CURRENT ASSETS (LIABILITIES) 2,468 1,147
TOTAL ASSETS LESS CURRENT LIABILITIES 2,468 1,147
NET ASSETS 2,468 1,147
Income and Expenditure Account 2,468 1,147
MEMBERS' FUNDS 2,468 1,147
For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
Mr Philip Morgan
Director
17 August 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Glen Creedy Court House Management Company Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 05457966 . The registered office is 138 High Street, Crediton, EX17 3DX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Service charges receivable represents the amounts levied as service charges on account of expenditure incurred by the company during the year. Any excess of service charges received over expenditure is carried forwars as residents' reserves.
2.3. Financial Instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at the market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
2.4. Taxation
The company is a management company run for its members and as such is not for profit and not subject to taxation. Neither tax nor deferred tax is recognised.
2.5. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income and expenditure account, directors report, and notes to the financial statements relating to the income and expenditure account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 420 300
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 1,023 992
6. Related Party Transactions
Due to the nature of the company all of its income is derived from its members.
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 2