Maiden House Management Company Limited 10263826 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of a property management company Digita Accounts Production Advanced 6.30.9574.0 true 10263826 2023-01-01 2023-12-31 10263826 2023-12-31 10263826 bus:Director4 2023-12-31 10263826 core:RetainedEarningsAccumulatedLosses 2023-12-31 10263826 core:RevaluationReserve 2023-12-31 10263826 core:ShareCapital 2023-12-31 10263826 core:CurrentFinancialInstruments 2023-12-31 10263826 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 10263826 bus:SmallEntities 2023-01-01 2023-12-31 10263826 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 10263826 bus:FullAccounts 2023-01-01 2023-12-31 10263826 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10263826 bus:RegisteredOffice 2023-01-01 2023-12-31 10263826 bus:CompanySecretary1 2023-01-01 2023-12-31 10263826 bus:Director2 2023-01-01 2023-12-31 10263826 bus:Director4 2023-01-01 2023-12-31 10263826 bus:Director5 2023-01-01 2023-12-31 10263826 bus:Director6 2023-01-01 2023-12-31 10263826 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10263826 bus:Agent1 2023-01-01 2023-12-31 10263826 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 10263826 core:RevaluationReserve 2023-01-01 2023-12-31 10263826 core:ShareCapital 2023-01-01 2023-12-31 10263826 countries:EnglandWales 2023-01-01 2023-12-31 10263826 2022-12-31 10263826 core:RetainedEarningsAccumulatedLosses 2022-12-31 10263826 core:RevaluationReserve 2022-12-31 10263826 core:ShareCapital 2022-12-31 10263826 2022-01-01 2022-12-31 10263826 2022-12-31 10263826 core:RetainedEarningsAccumulatedLosses 2022-12-31 10263826 core:RevaluationReserve 2022-12-31 10263826 core:ShareCapital 2022-12-31 10263826 core:CurrentFinancialInstruments 2022-12-31 10263826 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 10263826 core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 10263826 core:RevaluationReserve 2022-01-01 2022-12-31 10263826 core:ShareCapital 2022-01-01 2022-12-31 10263826 2021-12-31 10263826 core:RetainedEarningsAccumulatedLosses 2021-12-31 10263826 core:RevaluationReserve 2021-12-31 10263826 core:ShareCapital 2021-12-31 iso4217:GBP xbrli:pure

Maiden House Management Company Limited

Annual Report and Unaudited Financial Statements Year Ended 31 December 2023

image-name

Chartered Accountants

 

Maiden House Management Company Limited

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5

Statement of Changes in Equity

6

Notes to the Unaudited Financial Statements

7 to 8

 

Maiden House Management Company Limited

Company Information

Directors

S Green

N R Hughes

P R Richardson

R A Healey

Company secretary

Dickinson Bowden Secretarial Services Limited

Registered office

62 High West Street
Dorchester
Dorset
DT1 1UY

Accountants

Edwards & Keeping
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

 

Maiden House Management Company Limited

Directors' Report
for the Year Ended 31 December 2023

The directors present their report and the financial statements for the year ended 31 December 2023.

Directors of the company

The directors who held office during the year were as follows:

S Green

N R Hughes (appointed 8 September 2023)

P R Richardson

R A Healey

Principal activity

The principal activity of the company is that of a property management company

Small companies provision statement

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.

Approved by the Board on 17 May 2024 and signed on its behalf by:



Dickinson Bowden Secretarial Services Limited
Company secretary

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Maiden House Management Company Limitedfor the Year Ended 31 December 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Maiden House Management Company Limited for the year ended 31 December 2023 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Maiden House Management Company Limited, as a body, in accordance with the terms of our engagement letter dated 24 April 2019. Our work has been undertaken solely to prepare for your approval the accounts of Maiden House Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Maiden House Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Maiden House Management Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Maiden House Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Maiden House Management Company Limited. You consider that Maiden House Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Maiden House Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.




Edwards & Keeping
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

9 September 2024

 

Maiden House Management Company Limited

Profit and Loss Account
for the Year Ended 31 December 2023

2023
£

2022
£

Turnover

14,335

13,031

Administrative expenses

(9,940)

(7,587)

Operating profit

4,395

5,444

Profit before tax

4,395

5,444

Taxation

-

-

Profit for the financial year

4,395

5,444

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Maiden House Management Company Limited

(Registration number: 10263826)
Balance Sheet as at 31 December 2023

Note

2023
 

2022
 

   

£

£

£

£

Current assets

   

 

Debtors

4

 

5,285

 

4,117

Cash at bank and in hand

   

18,819

 

15,913

   

24,104

 

20,030

Creditors: Amounts falling due within one year

5

 

(1,220)

 

(1,541)

Net assets

   

22,884

 

18,489

Capital and reserves

   

 

Called up share capital

7

 

7

 

General reserve

22,877

 

18,482

 

Profit and loss account

-

 

-

 

Total equity

   

22,884

 

18,489

For the financial 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.

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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 17 May 2024 and signed on its behalf by:
 

R A Healey
Director

   
     
 

Maiden House Management Company Limited

Statement of Changes in Equity
for the Year Ended 31 December 2023

Share capital
£

General reserve
£

Profit and loss account
£

Total
£

At 1 January 2023

7

18,482

-

18,489

Profit for the year

-

-

4,395

4,395

Total comprehensive income

-

-

4,395

4,395

Transfers

-

4,395

(4,395)

-

At 31 December 2023

7

22,877

-

22,884



 

Share capital
£

General reserve
£

Profit and loss account
£

Total
£

At 1 January 2022

7

13,038

-

13,045

Profit for the year

-

-

5,444

5,444

Total comprehensive income

-

-

5,444

5,444

Transfers

-

5,444

(5,444)

-

At 31 December 2022

7

18,482

-

18,489

 

Maiden House 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:
62 High West Street
Dorchester
Dorset
DT1 1UY

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from residents for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Maiden House 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 during the year, was 0 (2022 - 0). The average number of directors on the board during the year, was 3 (2022 - 3).

4

Debtors

Current

2023
£

2022
£

Amounts due from lessees

2,764

789

Prepayments

1,587

1,381

Other debtors

934

1,947

 

5,285

4,117

5

Creditors

2023
£

2022
£

Due within one year

Amounts in advance from lessees

11

357

Accruals

564

628

Other creditors

645

556

1,220

1,541