Robins Garth Management Company Limited 02223741 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is The principal activity of the company continued to be that of the provision of property management services. The company owns the freehold reversion of Robins Garth, Dorchester, Dorset subject to leases on the 14 leasehold properties. Digita Accounts Production Advanced 6.30.9574.0 true 02223741 2023-01-01 2023-12-31 02223741 2023-12-31 02223741 core:RetainedEarningsAccumulatedLosses 2023-12-31 02223741 core:RevaluationReserve 2023-12-31 02223741 core:CurrentFinancialInstruments 2023-12-31 02223741 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 02223741 core:FurnitureFittingsToolsEquipment 2023-12-31 02223741 bus:SmallEntities 2023-01-01 2023-12-31 02223741 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 02223741 bus:FullAccounts 2023-01-01 2023-12-31 02223741 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 02223741 bus:RegisteredOffice 2023-01-01 2023-12-31 02223741 bus:CompanySecretary1 2023-01-01 2023-12-31 02223741 bus:Director5 2023-01-01 2023-12-31 02223741 bus:Director8 2023-01-01 2023-12-31 02223741 bus:Director9 2023-01-01 2023-12-31 02223741 bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 02223741 bus:Agent1 2023-01-01 2023-12-31 02223741 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 02223741 core:RevaluationReserve 2023-01-01 2023-12-31 02223741 core:ComputerEquipment 2023-01-01 2023-12-31 02223741 core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 02223741 countries:EnglandWales 2023-01-01 2023-12-31 02223741 2022-12-31 02223741 core:RetainedEarningsAccumulatedLosses 2022-12-31 02223741 core:RevaluationReserve 2022-12-31 02223741 core:FurnitureFittingsToolsEquipment 2022-12-31 02223741 2022-01-01 2022-12-31 02223741 2022-12-31 02223741 core:RetainedEarningsAccumulatedLosses 2022-12-31 02223741 core:RevaluationReserve 2022-12-31 02223741 core:CurrentFinancialInstruments 2022-12-31 02223741 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 02223741 core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 02223741 core:RevaluationReserve 2022-01-01 2022-12-31 02223741 2021-12-31 02223741 core:RetainedEarningsAccumulatedLosses 2021-12-31 02223741 core:RevaluationReserve 2021-12-31 iso4217:GBP xbrli:pure

Registration number: 02223741

Robins Garth Management Company Limited (A company limited by guarantee)

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

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Chartered Accountants

 

Robins Garth 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 9

 

Robins Garth Management Company Limited

Company Information

Directors

Mrs E Pearce

D J Johnson

Mrs D J Rees

Company secretary

Templehill Property Management Limited

Registered office

49 High West Street
Dorchester
Dorset
DT1 1UT

Accountants

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

 

Robins Garth 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:

Mrs E Pearce

D J Johnson

Mrs D J Rees

Principal activity

The principal activity of the company continued to be that of the provision of property management services.

The company owns the freehold reversion of Robins Garth, Dorchester, Dorset subject to leases on the 14 leasehold properties.

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 11 September 2024 and signed on its behalf by:


Templehill Property Management Limited
Company secretary

   
     
 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Robins Garth 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 Robins Garth Management Company Limited for the year ended 31 December 2023 as set out on pages 4 to 9 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 Robins Garth Management Company Limited, as a body, in accordance with the terms of our engagement letter dated 5 April 2019. Our work has been undertaken solely to prepare for your approval the accounts of Robins Garth Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Robins Garth 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 Robins Garth 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 Robins Garth 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 Robins Garth Management Company Limited. You consider that Robins Garth 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 Robins Garth 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 and Keeping
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

11 September 2024

 

Robins Garth Management Company Limited

Profit and Loss Account
for the Year Ended 31 December 2023

2023
£

2022
£

Turnover

15,185

14,420

Gross surplus

15,185

14,420

Administrative expenses

(11,375)

(14,640)

Operating surplus/(deficit)

3,810

(220)

Surplus/(deficit) before tax

3,810

(220)

Surplus/(deficit) for the financial year

3,810

(220)

The above results were derived from continuing operations.

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

 

Robins Garth Management Company Limited

(Registration number: 02223741)
Balance Sheet as at 31 December 2023

Note

2023

2022

   

£

£

£

£

Fixed assets

   

 

Tangible assets

4

 

295

 

-

Current assets

   

 

Debtors

5

2,605

 

3,266

 

Cash at bank and in hand

 

44,711

 

41,135

 

 

47,316

 

44,401

 

Creditors: Amounts falling due within one year

6

(2,806)

 

(3,406)

 

Net current assets

   

44,510

 

40,995

Net assets

   

44,805

 

40,995

Reserves

   

 

Depreciation fund

44,805

 

40,995

 

Profit and loss account

-

 

-

 

   

44,805

 

40,995

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 11 September 2024 and signed on its behalf by:
 



D J Johnson
Director

 

Robins Garth Management Company Limited

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

Depreciation fund
£

Profit and loss account
£

Total
£

At 1 January 2023

40,995

-

40,995

Surplus for the year

-

3,810

3,810

Total comprehensive income

-

3,810

3,810

Transfers

3,810

(3,810)

-

At 31 December 2023

44,805

-

44,805

Depreciation fund
£

Profit and loss account
£

Total
£

At 1 January 2022

41,215

-

41,215

Deficit for the year

-

(220)

(220)

Total comprehensive income

-

(220)

(220)

Transfers

(220)

220

-

At 31 December 2022

40,995

-

40,995

 

Robins Garth Management Company Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2023

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
49 High West Street
Dorchester
Dorset
DT1 1UT
England

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 except that as disclosed in the accounting policies certain items are shown at fair value.

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

The freehold reversion of Robins Garth, Dorchester, Dorset was aquired at nil cost, so is not shown on the Balance Sheet

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

20% straight line basis

 

Robins Garth Management Company Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2023

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.

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).

 

Robins Garth Management Company Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2023

4

Tangible assets

Computer equipment
 £

Total
£

Cost

At 1 January 2023

350

350

Additions

369

369

Disposals

(350)

(350)

At 31 December 2023

369

369

Depreciation

At 1 January 2023

350

350

Charge for the year

74

74

Eliminated on disposal

(350)

(350)

At 31 December 2023

74

74

Carrying amount

At 31 December 2023

295

295

5

Debtors

Current

2023
£

2022
£

Amounts due from lessees

280

1,170

Prepayments

2,325

2,096

 

2,605

3,266

6

Creditors

2023
£

2022
£

Due within one year

Amounts received in advance from lessees

2,180

2,964

Accruals and other creditors

626

442

2,806

3,406