Silverfin false false 30/11/2023 01/12/2022 30/11/2023 D C Shepherd 03/02/1995 D H Skinner 29/06/2008 N R Skinner 29/06/2008 08 August 2024 The principal activity of the Company during the financial year was managing, on a non-profit making basis, the property know as Sandringham Court. 02663721 2023-11-30 02663721 bus:Director1 2023-11-30 02663721 bus:Director2 2023-11-30 02663721 bus:Director3 2023-11-30 02663721 2022-11-30 02663721 core:CurrentFinancialInstruments 2023-11-30 02663721 core:CurrentFinancialInstruments 2022-11-30 02663721 core:ShareCapital 2023-11-30 02663721 core:ShareCapital 2022-11-30 02663721 core:RetainedEarningsAccumulatedLosses 2023-11-30 02663721 core:RetainedEarningsAccumulatedLosses 2022-11-30 02663721 core:LandBuildings 2022-11-30 02663721 core:LandBuildings 2023-11-30 02663721 2022-12-01 2023-11-30 02663721 bus:FilletedAccounts 2022-12-01 2023-11-30 02663721 bus:SmallEntities 2022-12-01 2023-11-30 02663721 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 02663721 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 02663721 bus:Director1 2022-12-01 2023-11-30 02663721 bus:Director2 2022-12-01 2023-11-30 02663721 bus:Director3 2022-12-01 2023-11-30 02663721 2021-12-01 2022-11-30 iso4217:GBP xbrli:pure

Company No: 02663721 (England and Wales)

SANDRINGHAM COURT MANAGEMENT COMPANY (PARKSTONE) LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2023
Pages for filing with the registrar

SANDRINGHAM COURT MANAGEMENT COMPANY (PARKSTONE) LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2023

Contents

SANDRINGHAM COURT MANAGEMENT COMPANY (PARKSTONE) LIMITED

BALANCE SHEET

As at 30 November 2023
SANDRINGHAM COURT MANAGEMENT COMPANY (PARKSTONE) LIMITED

BALANCE SHEET (continued)

As at 30 November 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 13,236 13,236
13,236 13,236
Current assets
Debtors 0 1
Cash at bank and in hand 2,422 1,854
2,422 1,855
Creditors: amounts falling due within one year 4 ( 584) ( 782)
Net current assets 1,838 1,073
Total assets less current liabilities 15,074 14,309
Net assets 15,074 14,309
Capital and reserves
Called-up share capital 6 6
Profit and loss account 15,068 14,303
Total shareholders' funds 15,074 14,309

For the financial year ending 30 November 2023 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 Sandringham Court Management Company (Parkstone) Limited (registered number: 02663721) were approved and authorised for issue by the Board of Directors on 08 August 2024. They were signed on its behalf by:

N R Skinner
Director
SANDRINGHAM COURT MANAGEMENT COMPANY (PARKSTONE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
SANDRINGHAM COURT MANAGEMENT COMPANY (PARKSTONE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
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

Sandringham Court Management Company (Parkstone) 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 Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is 21 Sandringham Road, Lower Parkstone, Poole, BH14 8TH.

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 maintenance and special contributions receivable.

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 or reducing balance basis over its expected useful life, as follows:

Land and buildings not depreciated

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

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Tangible assets

Land and buildings Total
£ £
Cost
At 01 December 2022 13,236 13,236
At 30 November 2023 13,236 13,236
Accumulated depreciation
At 01 December 2022 0 0
At 30 November 2023 0 0
Net book value
At 30 November 2023 13,236 13,236
At 30 November 2022 13,236 13,236

4. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 14 14
Other creditors 570 768
584 782