REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30th November 2023 |
for |
WOOLTON RISE MANAGEMENT COMPANY LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30th November 2023 |
for |
WOOLTON RISE MANAGEMENT COMPANY LIMITED |
WOOLTON RISE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 09319035) |
Contents of the Financial Statements |
for the Year Ended 30th November 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
WOOLTON RISE MANAGEMENT COMPANY LIMITED |
Company Information |
for the Year Ended 30th November 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
41 St Thomas's Road |
Chorley |
Lancashire |
PR7 1JE |
WOOLTON RISE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 09319035) |
Balance Sheet |
30th November 2023 |
30.11.23 | 30.11.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
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 were approved by the Board of Directors and authorised for issue on |
WOOLTON RISE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 09319035) |
Notes to the Financial Statements |
for the Year Ended 30th November 2023 |
1. | STATUTORY INFORMATION |
Woolton Rise Management Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Revenue recognition |
Revenue represents maintenance charges receivable in respect of communal expenditure in the ordinary course of business. Value Added Tax is not charged thereon. |
Financial instruments |
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments. |
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. |
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
Cash and cash equivalents |
Cash and cash equivalents includes cash in hand, deposits held with banks and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities. |
3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Trade debtors |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Accrued expenses |
5. | LIMITED BY GUARANTEE |
The company is limited by guarantee and does not have share capital. In the event of the company being wound up, each director would have a maximum liability of £1, per note 2.1 of the Memorandum and Articles of Association. |