Silverfin false true 31/03/2024 20/11/2022 31/03/2024 M Clougher 21/11/2022 P J W Fox 21/11/2022 J W Leaver 21/11/2022 J D Rammell 21/11/2022 C Walklett 21/11/2022 30 June 2024 The activity of holding a road in trust for the residents of the road who are members of the company. 14495623 2024-03-31 14495623 bus:Director1 2024-03-31 14495623 bus:Director2 2024-03-31 14495623 bus:Director3 2024-03-31 14495623 bus:Director4 2024-03-31 14495623 bus:Director5 2024-03-31 14495623 core:OtherCapitalReserve 2024-03-31 14495623 core:LandBuildings 2022-11-19 14495623 2022-11-19 14495623 core:LandBuildings 2024-03-31 14495623 2022-11-20 2024-03-31 14495623 bus:FilletedAccounts 2022-11-20 2024-03-31 14495623 bus:SmallEntities 2022-11-20 2024-03-31 14495623 bus:AuditExemptWithAccountantsReport 2022-11-20 2024-03-31 14495623 bus:EntityHasNeverTraded 2022-11-20 2024-03-31 14495623 bus:CompanyLimitedByGuarantee 2022-11-20 2024-03-31 14495623 bus:Director1 2022-11-20 2024-03-31 14495623 bus:Director2 2022-11-20 2024-03-31 14495623 bus:Director3 2022-11-20 2024-03-31 14495623 bus:Director4 2022-11-20 2024-03-31 14495623 bus:Director5 2022-11-20 2024-03-31 14495623 core:LandBuildings 2022-11-20 2024-03-31 iso4217:GBP xbrli:pure

Company No: 14495623 (England and Wales)

ESSEX DRIVE MANAGEMENT LIMITED

(A company limited by guarantee)

Unaudited Financial Statements
For the financial period from 20 November 2022 to 31 March 2024
Pages for filing with the registrar

ESSEX DRIVE MANAGEMENT LIMITED

Unaudited Financial Statements

For the financial period from 20 November 2022 to 31 March 2024

Contents

ESSEX DRIVE MANAGEMENT LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2024
ESSEX DRIVE MANAGEMENT LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2024
Note 31.03.2024
£
Fixed assets
Tangible assets 3 5,000
5,000
Net current assets 0
Total assets less current liabilities 5,000
Net assets 5,000
Reserves
Other reserves 5,000
Total reserves 5,000

ESSEX DRIVE MANAGEMENT LIMITED (registered number: 14495623) did not trade during the current financial period and has made neither profit nor loss, nor any other comprehensive income. For the financial period ending 31 March 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The financial statements of ESSEX DRIVE MANAGEMENT LIMITED (registered number: 14495623) were approved and authorised for issue by the Board of Directors on 30 June 2024. They were signed on its behalf by:

C Walklett
Director
ESSEX DRIVE MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 20 November 2022 to 31 March 2024
ESSEX DRIVE MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 20 November 2022 to 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

ESSEX DRIVE MANAGEMENT LIMITED (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1-3 College Yard, Worcester, Worcestershire, United Kingdom, WR1 2LB.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

Reporting period length is 21/11/2022 to 31/03/2024, this spans 14 months.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Land and buildings not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

Period from
20.11.2022 to
31.03.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 0

3. Tangible assets

Land and buildings Total
£ £
Cost
At 20 November 2022 0 0
Additions 5,000 5,000
At 31 March 2024 5,000 5,000
Accumulated depreciation
At 20 November 2022 0 0
At 31 March 2024 0 0
Net book value
At 31 March 2024 5,000 5,000

4. Liability of members

The members of the ESSEX DRIVE MANAGEMENT LIMITED have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.