Company Registration No. 5611217 (England and Wales)
Monarch (Brackmills) Management Company Ltd
Unaudited accounts
for the year ended 30 November 2023
Monarch (Brackmills) Management Company Ltd
Unaudited accounts
Contents
Monarch (Brackmills) Management Company Ltd
Company Information
for the year ended 30 November 2023
Directors
F W B Clark
P S Hulett
Company Number
5611217 (England and Wales)
Registered Office
144a Broomhill Road
Rochester
Kent
ME2 3LQ
Accountants
AK Tax & Accountancy Ltd
Suite 1 Christchurch House
Sir Thomas Longley Road
Rochester
Kent
ME24FX
Monarch (Brackmills) Management Company Ltd
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
9,308
9,717
Creditors: amounts falling due within one year
(13,390)
(10,847)
Total assets less current liabilities
963
24
Creditors: amounts falling due after more than one year
(939)
-
Called up share capital
12
12
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by
P S Hulett
Director
Company Registration No. 5611217
Monarch (Brackmills) Management Company Ltd
Notes to the Accounts
for the year ended 30 November 2023
Monarch (Brackmills) Management Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 5611217. The registered office is 144a Broomhill Road, Rochester, Kent, ME2 3LQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not provided for.
Service charges are charged to the long leaseholders and no profit element may be added by the company. Therefore service charges can only give rise to a debtor or creditor in the company's financial statements.
4
Tangible fixed assets
Land & buildings
The carrying amount for land and buildings at the year end relates to the nominal value of the freehold interest at the junction of Rosili Road and Salthouse Road, Northampton. The company acquired the freehold interest in August 2007 for nil cost. This is to reflect that the company owns an asset of value. This is a directors' valuation.
Monarch (Brackmills) Management Company Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
13,390
10,847
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).