Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 true 1 January 2023 31 December 2023 31 December 2023 06990240 Mrs Teresa Clarke Mrs Claire Gebbett Mrs Teresa Clarke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06990240 2022-12-31 06990240 2023-12-31 06990240 2023-01-01 2023-12-31 06990240 frs-core:CurrentFinancialInstruments 2023-12-31 06990240 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06990240 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 06990240 frs-bus:FullAccounts 2023-01-01 2023-12-31 06990240 frs-bus:SmallEntities 2023-01-01 2023-12-31 06990240 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 06990240 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06990240 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-01-01 2023-12-31 06990240 frs-bus:Director1 2023-01-01 2023-12-31 06990240 frs-bus:Director2 2023-01-01 2023-12-31 06990240 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 06990240 frs-countries:EnglandWales 2023-01-01 2023-12-31 06990240 2021-12-31 06990240 2022-12-31 06990240 2022-01-01 2022-12-31 06990240 frs-core:CurrentFinancialInstruments 2022-12-31 06990240 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 06990240
Queens Court (Yarmouth) Rtm Company Limited
Directors' Report and
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Income and Expenditure Account 4
Balance Sheet 5
Notes to the Financial Statements 6
Page 1
Company Information
Directors Mrs Teresa Clarke
Mrs Claire Gebbett
Secretary Mrs Teresa Clarke
Company Number 06990240
Registered Office Dashwood House
1 Tyrells Road
Great Yarmouth
Norfolk
NR31 0AR
Accountants Clarke Accountancy Ltd
Dashwood House
1 Tyrells Road
Great Yarmouth
Norfolk
NR31 0AR
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 December 2023.
Principal Activity
The company's principal activity continues to be that of a residents property management company.
Directors
The directors who held office during the year were as follows:
Mrs Teresa Clarke
Mrs Claire Gebbett
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to: 
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has 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.
On behalf of the board
Mrs Teresa Clarke
Director
04/09/2024
Page 2
Page 3
Accountant's Report
Report of the Accountant to the directors of Queens Court (Yarmouth) Rtm Company Limited
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Signed
Mr Edward Clarke, BSc (Hons), MAAT
04/09/2024
Clarke Accountancy Ltd
Dashwood House
1 Tyrells Road
Great Yarmouth
Norfolk
NR31 0AR
Page 3
Page 4
Income and Expenditure Account
2023 2022
Notes £ £
TURNOVER 6,690 6,179
Cost of sales (600 ) (600 )
GROSS SURPLUS 6,090 5,579
Administrative expenses (4,155 ) (4,818 )
OPERATING SURPLUS 1,935 761
Other interest receivable and similar income 14 -
SURPLUS BEFORE TAXATION 1,949 761
Tax on Surplus (3 ) -
SURPLUS AFTER TAXATION BEING SURPLUS FOR THE FINANCIAL YEAR 1,946 761
The notes on page 6 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 7,229 6,806
Cash at bank and in hand 6,599 5,087
13,828 11,893
Creditors: Amounts Falling Due Within One Year 5 (193 ) (204 )
NET CURRENT ASSETS (LIABILITIES) 13,635 11,689
TOTAL ASSETS LESS CURRENT LIABILITIES 13,635 11,689
NET ASSETS 13,635 11,689
Income and Expenditure Account 13,635 11,689
MEMBERS' FUNDS 13,635 11,689
For the 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.
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 in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mrs Teresa Clarke
Director
04/09/2024
The notes on page 6 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. General Information
Queens Court (Yarmouth) Rtm Company Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 06990240 . The registered office is Dashwood House, 1 Tyrells Road, Great Yarmouth, Norfolk, NR31 0AR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services only. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 6,746 6,467
Prepayments and accrued income 483 339
7,229 6,806
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 190 204
Corporation tax 3 -
193 204
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 6