Highgate Court Management Company Limited 01267878 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is is the management of the communal facilities, gardens and property for the benefit of the tenants/leaseholders. Digita Accounts Production Advanced 6.30.9574.0 true true 01267878 2023-01-01 2023-12-31 01267878 2023-12-31 01267878 core:CurrentFinancialInstruments 2023-12-31 01267878 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 01267878 bus:SmallEntities 2023-01-01 2023-12-31 01267878 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 01267878 bus:FilletedAccounts 2023-01-01 2023-12-31 01267878 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 01267878 bus:RegisteredOffice 2023-01-01 2023-12-31 01267878 bus:Director1 2023-01-01 2023-12-31 01267878 bus:Director2 2023-01-01 2023-12-31 01267878 bus:Director3 2023-01-01 2023-12-31 01267878 bus:Director6 2023-01-01 2023-12-31 01267878 bus:Director8 2023-01-01 2023-12-31 01267878 bus:Director9 2023-01-01 2023-12-31 01267878 bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 01267878 countries:England 2023-01-01 2023-12-31 01267878 2022-01-01 2022-12-31 01267878 2022-12-31 01267878 core:CurrentFinancialInstruments 2022-12-31 01267878 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 01267878

Highgate Court Management Company Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Highgate Court Management Company Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Highgate Court Management Company Limited

Company Information

Directors

A J Jenkins

B R Norris

P J Viveash

N J Ratcliffe

V N Williams

S J Bannon

Registered office

Flat 12
Highgate Court
119 Highgate Lane
Farnborough
Hampshire
GU14 8AA

Accountants

Sable & Argent Limited
2 Elvetham Crescent
Fleet
Hampshire
GU51 1BU

 

Highgate Court Management Company Limited

(Registration number: 01267878)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

1,404

1,592

Cash at bank and in hand

 

45,882

36,613

 

47,286

38,205

Creditors: Amounts falling due within one year

5

(47,286)

(38,205)

Net assets/(liabilities)

 

-

-

Reserves

 

Surplus/(deficit)

 

-

-

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 August 2024 and signed on its behalf by:
 

.........................................
B R Norris
Director

 

Highgate Court Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a company limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Flat 12
Highgate Court
119 Highgate Lane
Farnborough
Hampshire
GU14 8AA

These financial statements were authorised for issue by the Board on 22 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises service charges receivable from tenants which are levied to cover the costs borne by the company in managing the communal facilities, gardens and property. At any given date there may be a surplus or deficit of income over expenditure due to the timing of receipts from tenants and payments made by the company. Any surplus or deficit at the year end is shown as service charges received in advance or as service charges receivable respectively and is reported in the balance sheet.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from tenants levied in respect of service charges but unpaid at the balance sheet date.

 

Highgate Court Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised at the transaction price.

3

Staff numbers

The average number of persons (including directors) employed by the company in the year, was 6 (2022: 6).

4

Debtors

Current

2023
£

2022
£

Trade debtors

110

-

Prepayments

1,294

1,592

 

1,404

1,592

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

210

180

Other creditors

47,076

38,025

47,286

38,205