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REGISTERED NUMBER: 03296857 (England and Wales)















WAINWRIGHT COURT MANAGEMENT COMPANY
LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






WAINWRIGHT COURT MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 03296857)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WAINWRIGHT COURT MANAGEMENT COMPANY
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: C M Dryden
R D Jefferies
Ms A M Kiely
Ms P J Nye
Ms M G Organ





REGISTERED OFFICE: c/o Miles & Barr Estate & Block Manageme
44-46 Queen Street
Ramsgate
Kent
CT11 9EF





REGISTERED NUMBER: 03296857 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

WAINWRIGHT COURT MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 03296857)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 5,828 2,475
Cash at bank 5 41,586 44,070
47,414 46,545
CREDITORS
Amounts falling due within one year 6 (252 ) (252 )
NET CURRENT ASSETS 47,162 46,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,162

46,293

CAPITAL AND RESERVES
Called up share capital 10 10
Block Sinking Fund 7 42,652 -
Lessee's funds 7 - (2,585 )
Reserve fund 7 - 48,074
Estate Sinking Fund 7 4,500 -
Retained earnings 7 - 794
47,162 46,293

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by:




C M Dryden - Director


WAINWRIGHT COURT MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 03296857)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Wainwright Court Management Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
The company's turnover represents the value of service charges charged to flat owners during the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Funds held by managing agents 4,298 1,301
Service charges in arrears 1,530 1,174
5,828 2,475

5. CASH AT BANK
2023 2022
£    £   
Discrete account 39,000 43,457
Business account 2,586 613
41,586 44,070

All cash at bank is monies held in trust in ring-fenced bank accounts on behalf of the freeholders, lessees and tenants as per the requirements of Section 42 of the Landlord and Tenants Act 1987.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Accruals and deferred income 252 252

WAINWRIGHT COURT MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 03296857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. RESERVES
Block
Retained Sinking Lessee's
earnings Fund funds
£    £    £   

At 1 January 2023 794 - (2,585 )
Profit for the year -
Surplus in the year - 2,469 -
Transfer (794 ) 43,283 2,585
Expenditure in the year - (3,100 ) -
At 31 December 2023 - 42,652 -
Estate
Reserve Sinking
fund Fund Totals
£    £    £   

At 1 January 2023 48,074 - 46,283
Profit for the year -
Surplus in the year - - 2,469
Transfer (48,074 ) 3,000 -
Expenditure in the year - - (3,100 )
Cont. from service charge - 1,500 1,500
At 31 December 2023 - 4,500 47,152

8. RELATED PARTY DISCLOSURES

Each member of the company, including the five directors, owns a flat or other property in Wainwright Court and contributes proportionately to the company as consideration for communal services.