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 04982458 Mr David Davies Miss Donna Battersby Mrs Jane Barton Mr Glynn Maddocks Mr David Bailey Mrs Olivia Middleton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04982458 2022-12-31 04982458 2023-12-31 04982458 2023-01-01 2023-12-31 04982458 frs-core:CurrentFinancialInstruments 2023-12-31 04982458 frs-core:Non-currentFinancialInstruments 2023-12-31 04982458 frs-core:PlantMachinery 2023-12-31 04982458 frs-core:PlantMachinery 2023-01-01 2023-12-31 04982458 frs-core:PlantMachinery 2022-12-31 04982458 frs-core:RevaluationReserve 2023-01-01 2023-12-31 04982458 frs-core:RevaluationReserve 2023-12-31 04982458 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04982458 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 04982458 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04982458 frs-bus:SmallEntities 2023-01-01 2023-12-31 04982458 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04982458 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04982458 frs-bus:Director1 2023-01-01 2023-12-31 04982458 frs-bus:Director2 2023-01-01 2023-12-31 04982458 frs-bus:Director3 2023-01-01 2023-12-31 04982458 frs-bus:Director4 2023-01-01 2023-12-31 04982458 frs-bus:Director5 2023-01-01 2023-12-31 04982458 frs-bus:Director6 2023-01-01 2023-12-31 04982458 frs-countries:EnglandWales 2023-01-01 2023-12-31 04982458 2021-12-31 04982458 2022-12-31 04982458 2022-01-01 2022-12-31 04982458 frs-core:CurrentFinancialInstruments 2022-12-31 04982458 frs-core:Non-currentFinancialInstruments 2022-12-31 04982458 frs-core:RevaluationReserve 2022-12-31 04982458 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 04982458
The Courtyard (Trenewydd) Management Company Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
MPower Accounting Services
2 Oast View
Horsmonden
Tonbridge
TN12 8LE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04982458
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,110 7,853
14,110 7,853
CURRENT ASSETS
Debtors 5 515 515
515 515
Creditors: Amounts Falling Due Within One Year 6 (515 ) (515 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,110 7,853
Creditors: Amounts Falling Due After More Than One Year 7 (14,109 ) (17,206 )
NET ASSETS/(LIABILITIES) 1 (9,353 )
RESERVES
Revaluation reserve 8 9,354 -
Income and Expenditure Account (9,353 ) (9,353 )
MEMBERS' FUNDS 1 (9,353)
Page 1
Page 2
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
Mrs Jane Barton
Director
09/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Courtyard (Trenewydd) Management Company Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 04982458 . The registered office is Pennmoel Cottage, Llangenny, Crickhowell, Powys, NP8 1HD.
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
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 18% written down balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost or Valuation
As at 1 January 2023 17,207
Revaluation 9,354
As at 31 December 2023 26,561
Depreciation
As at 1 January 2023 9,354
Provided during the period 3,097
As at 31 December 2023 12,451
Net Book Value
As at 31 December 2023 14,110
As at 1 January 2023 7,853
Page 3
Page 4
Cost or valuation as at 31 December 2023 represented by:
Plant & Machinery
£
At cost 9,354
At valuation 17,207
26,561
The depreciation schedule for the asset of the sewage treatment was deemed to be to harsh considering the length of life of this asset. The asset has therefore been revalued accordingly and a more appropriate written down depreciation schedule is to be adopted.
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 515 515
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 515 515
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Directors loan account 14,109 17,206
8. Reserves
Revaluation Reserve
£
Transfer to profit and loss 9,354
As at 31 December 2023 9,354
9. 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 4