REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
ADWOOD COURT (THATCHAM) MANAGEMENT |
COMPANY LIMITED |
REGISTERED NUMBER: |
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: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account | 7 |
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 were approved by the director and authorised for issue on |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Other debtors |
Debtors Notes: | 2023 | 2022 |
£ | £ |
Trade Debtors - Service Charges | 2,743 | 269 |
Other debtors - Prepaid Insurance | 2,382 | 2,676 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Other creditors |
Creditors Notes: | 2023 | 2022 |
£ | £ |
Service Charges paid in advance | - | 149 |
Accountancy Accrual | 587 | 587 |
Total | 587 | 736 |
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 |
Surplus for the year |
At 31 December 2023 |
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. |