Silverfin false false 31/03/2024 01/04/2023 31/03/2024 S Gummow 12/04/2024 13/02/2020 A B Lowe 19/07/2013 C I Roberts 18/10/2022 08 August 2024 The principal activity of the company is that of a residents property management company. 01844411 2024-03-31 01844411 bus:Director1 2024-03-31 01844411 bus:Director2 2024-03-31 01844411 bus:Director3 2024-03-31 01844411 2023-03-31 01844411 core:CurrentFinancialInstruments 2024-03-31 01844411 core:CurrentFinancialInstruments 2023-03-31 01844411 core:ShareCapital 2024-03-31 01844411 core:ShareCapital 2023-03-31 01844411 core:RetainedEarningsAccumulatedLosses 2024-03-31 01844411 core:RetainedEarningsAccumulatedLosses 2023-03-31 01844411 core:LandBuildings 2023-03-31 01844411 core:LandBuildings 2024-03-31 01844411 bus:OrdinaryShareClass1 2024-03-31 01844411 2023-04-01 2024-03-31 01844411 bus:FilletedAccounts 2023-04-01 2024-03-31 01844411 bus:SmallEntities 2023-04-01 2024-03-31 01844411 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 01844411 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01844411 bus:Director1 2023-04-01 2024-03-31 01844411 bus:Director2 2023-04-01 2024-03-31 01844411 bus:Director3 2023-04-01 2024-03-31 01844411 core:LandBuildings core:TopRangeValue 2023-04-01 2024-03-31 01844411 2022-04-01 2023-03-31 01844411 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 01844411 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 01844411 (England and Wales)

TREWIDDEN MANAGEMENT LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

TREWIDDEN MANAGEMENT LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

TREWIDDEN MANAGEMENT LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2024
TREWIDDEN MANAGEMENT LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2024
DIRECTORS S Gummow (Resigned 12 April 2024)
A B Lowe
C I Roberts
REGISTERED OFFICE Lowin House
Tregolls Road
Truro
TR1 2NA
United Kingdom
COMPANY NUMBER 01844411 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Lowin House
Tregolls Road
Truro
Cornwall TR1 2NA
BANKERS Lloyds TSB Bank plc
Boscawen Street
Truro
TR1 2QT
TREWIDDEN MANAGEMENT LIMITED

BALANCE SHEET

As at 31 March 2024
TREWIDDEN MANAGEMENT LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1 1
1 1
Current assets
Debtors 4 389 468
Cash at bank and in hand 15,780 10,345
16,169 10,813
Creditors: amounts falling due within one year 5 ( 1,122) ( 1,020)
Net current assets 15,047 9,793
Total assets less current liabilities 15,048 9,794
Net assets 15,048 9,794
Capital and reserves
Called-up share capital 6 12 12
Profit and loss account 15,036 9,782
Total shareholders' funds 15,048 9,794

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Trewidden Management Limited (registered number: 01844411) were approved and authorised for issue by the Board of Directors on 08 August 2024. They were signed on its behalf by:

A B Lowe
Director
TREWIDDEN MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
TREWIDDEN MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Trewidden Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents amounts chargeable to leaseholders in respect of management fees and ground rent.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Land and buildings 50 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Tangible assets

Land and buildings Total
£ £
Cost
At 01 April 2023 1 1
At 31 March 2024 1 1
Accumulated depreciation
At 01 April 2023 0 0
At 31 March 2024 0 0
Net book value
At 31 March 2024 1 1
At 31 March 2023 1 1

Included within the net book value of land and buildings above is £1 (2023 - £1) in respect of freehold land and buildings.

4. Debtors

2024 2023
£ £
Prepayments 389 468

5. Creditors: amounts falling due within one year

2024 2023
£ £
Accruals 1,122 1,020

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
12 Ordinary shares of £ 1.00 each 12 12