Registered Number 11824186

MILCOTE CLOSE (WELFORD) MANAGEMENT COMPANY LIMITED

Micro-entity Accounts

28 February 2024

MILCOTE CLOSE (WELFORD) MANAGEMENT COMPANY LIMITED Registered Number 11824186

Micro-entity Balance Sheet as at 28 February 2024

Notes 2024 2023
£ £
Fixed Assets
-
-
Current Assets
-
-
Prepayments and accrued income
-
-
Creditors: amounts falling due within one year
0
0
Net current assets (liabilities)
0
0
Total assets less current liabilities
0
0
Creditors: amounts falling due after more than one year
0
0
Provisions for liabilities
0
0
Accruals and deferred income
0
0
Total net assets (liabilities)
0
0
Reserves
0
0
  • For the year ending 28 February 2024 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 August 2024

And signed on their behalf by:
Alison Gill, Director

Footnotes:

MILCOTE CLOSE (WELFORD) MANAGEMENT COMPANY LIMITED Registered Number 11824186

Notes to the Micro-entity Accounts for the period ended 28 February 2024

1Employees
2024 2023
Average number of employees during the period 2 2
2Off balance sheet arrangements
The company holds monies held on behalf of the lessees deemed to be held in trust in accordance with section 42 of The Landlord and Tenants Act 1987. The bank balance is reflected in the service charge accounts.
As part of the management of Milcote Close, Welford service charges are collected from lessees to meet the costs of managing the property. Service charges are held in trust for the benefit of the lessees. Accordingly, the service charge income and expenditure is excluded from the company's accounts and separate service charge accounts are prepared for the mutual benefit of the members of the company.