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REGISTERED NUMBER: 02663139 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ADWOOD COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED

ADWOOD COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02663139)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ADWOOD COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED

COMPANY INFORMATION
for the year ended 31 DECEMBER 2023







DIRECTOR: D Goddard





SECRETARY: HC Block & Estate Management Ltd





REGISTERED OFFICE: 386 Finchampstead Road
Finchampstead
Wokingham
RG40 3LA





REGISTERED NUMBER: 02663139 (England and Wales)





ACCOUNTANTS: C B Heslop And Company Limited
Chartered Accountants
1 High Street
Thatcham
Berks
RG19 3JG

ADWOOD COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02663139)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,128 32,128

CURRENT ASSETS
Debtors 5 5,125 2,945
Cash at bank 8,134 1,800
13,259 4,745
CREDITORS
Amounts falling due within one year 6 587 736
NET CURRENT ASSETS 12,672 4,009
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,800

36,137

RESERVES
Income and expenditure account 7 44,800 36,137
44,800 36,137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2024 and were signed by:





D Goddard - Director


ADWOOD COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02663139)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 DECEMBER 2023

1. STATUTORY INFORMATION

Adwood Court (Thatcham) Management Company Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts invoiced to the tenants in respect of communal expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS

On 20 March 2013 the company acquired the freehold of the property for a consideration of £32,128.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 2,743 269
Other debtors 2,382 2,676
5,125 2,945

Debtors Notes:20232022
£   £   

Trade Debtors - Service Charges2,743269
Other debtors - Prepaid Insurance2,3822,676

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 587 736

Creditors Notes:20232022
£   £   

Service Charges paid in advance-149
Accountancy Accrual587587
Total587736

ADWOOD COURT (THATCHAM) MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02663139)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 DECEMBER 2023

7. RESERVES
Income
and
expenditure
account
£   

At 1 January 2023 36,137
Surplus for the year 8,663
At 31 December 2023 44,800

The income and expenditure reserve represents the surplus/deficit due to/from members.

8. CONTINGENT LIABILITIES

There were no contingent liabilities as at the Balance Sheet date 31st December 2023 or 31st December 2022.

9. RELATED PARTY DISCLOSURES

The company derives its income from its members and incurs all expenses on behalf of and for the ultimate benefit of those members. All transactions are therefore considered to be related party transactions.

10. LIMITED BY GUARANTEE

The company is limited by guarantee and as such does not have a share capital. In the event of the company winding-up the members will contribute a maximum of £50 each to the assets of the company.