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REGISTERED NUMBER: 00731720 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

GOLDEN COURT (HANWELL) MANAGEMENT
COMPANY LTD.

GOLDEN COURT (HANWELL) MANAGEMENT
COMPANY LTD. (REGISTERED NUMBER: 00731720)






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




Page

Company information 1

Chartered accountants' report 2

Balance sheet 3

Notes to the financial statements 4


GOLDEN COURT (HANWELL) MANAGEMENT
COMPANY LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: P Ghosh
J C Higgins
J R Orme
S Richley
R Sabel
R P Fenton
E C Mant
S G Edwards
A Thevelin
S Orme
S Ghosh





SECRETARY: R Mant





REGISTERED OFFICE: Rose Cottage
23 Sheppey Lane
Hackleton
Northamptonshire
NN7 2AL





REGISTERED NUMBER: 00731720 (England and Wales)





ACCOUNTANTS: Johnsons, Chartered Accountants
1-2 Craven Road
Ealing
London
W5 2UA

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GOLDEN COURT (HANWELL) MANAGEMENT
COMPANY LTD.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Golden Court (Hanwell) Management Company Ltd. for the year ended 31 December 2023 which comprise the Income statement, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Golden Court (Hanwell) Management Company Ltd., as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Golden Court (Hanwell) Management Company Ltd. and state those matters that we have agreed to state to the Board of Directors of Golden Court (Hanwell) Management Company Ltd., as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Golden Court (Hanwell) Management Company Ltd. and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Golden Court (Hanwell) Management Company Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Golden Court (Hanwell) Management Company Ltd.. You consider that Golden Court (Hanwell) Management Company Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Golden Court (Hanwell) Management Company Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Johnsons, Chartered Accountants
1-2 Craven Road
Ealing
London
W5 2UA


Date: .............................................

GOLDEN COURT (HANWELL) MANAGEMENT
COMPANY LTD. (REGISTERED NUMBER: 00731720)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 19,204 19,204

CURRENT ASSETS
Debtors 5 2,620 -
Cash at bank 8,991 8,554
11,611 8,554
CREDITORS
Amounts falling due within one year 6 (1,250 ) (2,890 )
NET CURRENT ASSETS 10,361 5,664
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,565

24,868

RESERVES
Income and expenditure account 29,565 24,868
29,565 24,868

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 surplus or deficit 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 27 August 2024 and were signed on its behalf by:





E C Mant - Director


GOLDEN COURT (HANWELL) MANAGEMENT
COMPANY LTD. (REGISTERED NUMBER: 00731720)

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

1. STATUTORY INFORMATION

Golden Court (Hanwell) Management Company Ltd. is a private company, limited by guarantee , 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.

SERVICE CHARGES
Service charges are charged to the residents each year based on the budgeted expenditure.

TANGIBLE FIXED ASSETS
Freehold property is not depreciated because the value of the property is significantly attributed in the land.

MAINTENANCE RESERVE
The company is liable to ensure that certain areas, external to the flats, are kept in good repair and decorative order. This includes major maintenance work every few years. The income & expenditure account should be regarded as this maintenance reserve. The expectation is that it covers such expected costs.

TAXATION
The company is a non-profit making enterprise and surpluses or deficits arising as a result of differences between service charges levied (based on estimated costs) and actual costs incurred do not fall within the scope of corporation tax. Tax is payable on investment income only.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 January 2023
and 31 December 2023 19,204
NET BOOK VALUE
At 31 December 2023 19,204
At 31 December 2022 19,204

Improvements to freehold property made in the year ended 31 December 2013 have been capitalised. The depreciation charge on these improvements until 31 December 2017 of £15,364 has been written back through income and expenditure account in order that the cost of freehold property gives a better reflection of its estimated economic value.

GOLDEN COURT (HANWELL) MANAGEMENT
COMPANY LTD. (REGISTERED NUMBER: 00731720)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,400 -
Other debtors 220 -
2,620 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Deferred income 100 100
Accrued expenses 1,150 2,790
1,250 2,890

7. LIMITED BY GUARANTEE

The company is limited by guarantee of members and does not have a share capital. The liability of members is limited to £1. On winding up of the company, any surplus assets that exist must be transferred to another body or bodies having objects similar to those of the company.