Mountside Management Limited |
Notes to the Accounts |
for the year ended 31 December 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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The accounts of the previous year have been restated eliminating the net assets as the company has no beneficial interest in those assets held on trust for the benefit of the residents of Mountside, Church Hill, Caterham, Surrey. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost. No depreciation is provided as the asset is the freehold interest in a property at cost subject to leasehold interests. |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
- |
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- |
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3 |
Tangible fixed assets |
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Land and buildings |
£ |
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Cost |
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At 1 January 2023 |
457 |
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At 31 December 2023 |
457 |
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Depreciation |
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At 31 December 2023 |
- |
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Net book value |
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At 31 December 2023 |
457 |
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At 31 December 2022 |
457 |
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4 |
Debtors |
2023 |
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2022 |
£ |
£ |
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Amount due from Service charge of lessees |
83 |
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83 |
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5 |
Related party transactions |
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Each director is a lessee and as such pays service charges, at arms length, to meet their service charge liabilities in accordance with the lease terms. |
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6 |
Other information |
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Mountside Management Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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1 Mountside, Church Hill, Caterham |
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Surrey CR3 6SA |