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Registration number: 05539357

Moor Park (2005) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

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Moor Park (2005) Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 5

 

Moor Park (2005) Limited

Company Information

Directors

Mrs P Palmer

Mr A J Palmer

Mrs H R Taylor

Mrs E M Hatch

Mr D J Lee

Company secretary

Mr S I Jarrett

Registered office

Hillsdon House
High Street
Sidmouth
Devon
EX10 8LD

Accountants

Easterbrook Eaton Limited
Chartered Accountants
Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Moor Park (2005) Limited
for the Year Ended 31 December 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Moor Park (2005) Limited for the year ended 31 December 2023 as set out on pages 3 to 5 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 at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Moor Park (2005) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Moor Park (2005) Limited and state those matters that we have agreed to state to the Board of Directors of Moor Park (2005) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Moor Park (2005) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Moor Park (2005) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Moor Park (2005) Limited. You consider that Moor Park (2005) Limited 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 accounts of Moor Park (2005) Limited. 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 accounts.

......................................

Easterbrook Eaton Limited
Chartered Accountants
Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

29 July 2024

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Moor Park (2005) Limited

(Registration number: 05539357)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

102,910

102,910

Current assets

 

Debtors

18

18

Net assets

 

102,928

102,928

Capital and reserves

 

Called up share capital

5

18

18

Other reserves

102,910

102,910

Shareholders' funds

 

102,928

102,928

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 25 July 2024 and signed on its behalf by:
 

.........................................
Mrs H R Taylor
Director

 

Moor Park (2005) Limited

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

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Hillsdon House
High Street
Sidmouth
Devon
EX10 8LD

These financial statements were authorised for issue by the Board on 25 July 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Tangible fixed assets

10% reducing balance

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Bank, Cash and Other Assets

 

Moor Park (2005) Limited

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

A statutory trust is placed over service charge monies received under section 42 of the Landlord and Tenant Act 1987 and the Residential Management Company acts as a trustee in this capacity.

The closing balance of cash and other assets held on trust by the Residential Management Company are £45,038:
£13,179 Harrison Lavers & Potburys Re Moor Park 2005 Ltd Clients Account Barclays Premium Account 53548074 (interest bearing)
£31,859 Harrison-Lavers & Potburys Re Moor Park 2005 Ltd Clients Account HSBC Current Account 11540432 (non interest bearing)
 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2022 - 4).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 January 2023

102,910

102,910

At 31 December 2023

102,910

102,910

Depreciation

Carrying amount

At 31 December 2023

102,910

102,910

At 31 December 2022

102,910

102,910

Included within the net book value of land and buildings above is £102,910 (2022 - £102,910) in respect of freehold land and buildings.
 

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

18

18

18

18