Greencroft Freehold Management Company Limited 06340316 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Management Company Digita Accounts Production Advanced 6.30.9574.0 true 06340316 2023-01-01 2023-12-31 06340316 2023-12-31 06340316 core:RetainedEarningsAccumulatedLosses 2023-12-31 06340316 core:ShareCapital 2023-12-31 06340316 core:CurrentFinancialInstruments 2023-12-31 06340316 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 06340316 core:LandBuildings core:LongLeaseholdAssets 2023-12-31 06340316 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 06340316 bus:SmallEntities 2023-01-01 2023-12-31 06340316 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 06340316 bus:FullAccounts 2023-01-01 2023-12-31 06340316 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06340316 bus:RegisteredOffice 2023-01-01 2023-12-31 06340316 bus:Director1 2023-01-01 2023-12-31 06340316 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 06340316 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06340316 core:Buildings 2023-01-01 2023-12-31 06340316 core:LandBuildings 2023-01-01 2023-12-31 06340316 core:LandBuildings core:LongLeaseholdAssets 2023-01-01 2023-12-31 06340316 core:LandBuildings core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 06340316 countries:EnglandWales 2023-01-01 2023-12-31 06340316 2022-12-31 06340316 core:LandBuildings core:LongLeaseholdAssets 2022-12-31 06340316 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-31 06340316 2022-01-01 2022-12-31 06340316 2022-12-31 06340316 core:RetainedEarningsAccumulatedLosses 2022-12-31 06340316 core:ShareCapital 2022-12-31 06340316 core:CurrentFinancialInstruments 2022-12-31 06340316 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 06340316 core:LandBuildings core:LongLeaseholdAssets 2022-12-31 06340316 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 06340316

Greencroft Freehold Management Company Limited

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 December 2023

 

Greencroft Freehold Management Company Limited

(Registration number: 06340316)
Statement of Financial Position as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

24

7,524

Current assets

 

Debtors

5

19,350

-

Cash at bank and in hand

 

24

24

 

19,374

24

Creditors: Amounts falling due within one year

6

(7,761)

-

Net current assets

 

11,613

24

Net assets

 

11,637

7,548

Capital and reserves

 

Called up share capital

24

24

Profit and loss account

11,613

7,524

Shareholders' funds

 

11,637

7,548

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

Approved and authorised by the Board on 9 August 2024 and signed on its behalf by:
 

.........................................
Mr S K Larsson
Director

 

Greencroft Freehold Management Company 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 England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY. United Kingdom.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position 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

Freehold property

not depreciated - land only

Long leasehold property

no depreciation due at this stage

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

 

Greencroft Freehold Management Company Limited

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

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

Due to the nature of the company’s activities there were no employees in the current or previous year.

4

Tangible assets

Land and buildings
£

Long leasehold land and buildings
£

Total
£

Cost or valuation

At 1 January 2023

24

7,500

7,524

Disposals

-

(7,500)

(7,500)

At 31 December 2023

24

-

24

Depreciation

Carrying amount

At 31 December 2023

24

-

24

At 31 December 2022

24

7,500

7,524

Included within the net book value of land and buildings above is £24 (2022 - £24) in respect of freehold land and buildings and £Nil (2022 - £7,500) in respect of long leasehold land and buildings.
The freehold cost carried forward represents a nominal value of £1 per flat in respect of the company's reversionary interest in each flat let on 999 year leases.

5

Debtors

Note

2023
£

2022
£

Amounts owed by related parties

19,350

-

 

19,350

-

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Taxation and social security

5,761

-

Other creditors

2,000

-

7,761

-