Silverfin true false 31/12/2023 31/12/2023 01/01/2023 no description of principal activity Andrew Clark 16/11/2000 Barbara Stephanie Lys Noll 16/11/2000 02772918 2023-12-31 02772918 bus:Director1 2023-12-31 02772918 bus:Director2 2023-12-31 02772918 2022-12-31 02772918 core:CurrentFinancialInstruments 2023-12-31 02772918 core:CurrentFinancialInstruments 2022-12-31 02772918 2023-01-01 2023-12-31 02772918 bus:Micro-entities 2023-01-01 2023-12-31 02772918 bus:FullAccounts 2023-01-01 2023-12-31 02772918 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 02772918 bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 02772918 bus:Director1 2023-01-01 2023-12-31 02772918 bus:Director2 2023-01-01 2023-12-31 02772918 2022-01-01 2022-12-31 02772918 dpl:Item1 2023-01-01 2023-12-31 02772918 dpl:Item1 2022-01-01 2022-12-31 02772918 dpl:AdministrativeExpenses 2023-01-01 2023-12-31 02772918 dpl:AdministrativeExpenses 2022-01-01 2022-12-31 02772918 dpl:AdministrativeExpenses dpl:Item1 2023-01-01 2023-12-31 02772918 dpl:AdministrativeExpenses dpl:Item1 2022-01-01 2022-12-31 02772918 dpl:AdministrativeExpenses dpl:Item2 2023-01-01 2023-12-31 02772918 dpl:AdministrativeExpenses dpl:Item2 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Company No: 02772918 (England and Wales)

THE GROVE (IPSWICH) MANAGEMENT CO LTD

(A company limited by guarantee)

Annual Report and Unaudited Financial Statements
For the financial year ended 31 December 2023

THE GROVE (IPSWICH) MANAGEMENT CO LTD

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

For the financial year ended 31 December 2023

Contents

THE GROVE (IPSWICH) MANAGEMENT CO LTD

COMPANY INFORMATION

For the financial year ended 31 December 2023
THE GROVE (IPSWICH) MANAGEMENT CO LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2023
DIRECTORS Andrew Clark
Barbara Stephanie Lys Noll
SECRETARY Andrew David Bigley
REGISTERED OFFICE Archdeacons House
Northgate Street
Ipswich
IP1 3BX
England
United Kingdom
COMPANY NUMBER 02772918 (England and Wales)
CHARTERED ACCOUNTANTS Gascoynes
Gascoyne House
Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
Suffolk
IP28 6JY
THE GROVE (IPSWICH) MANAGEMENT CO LTD

DIRECTORS' REPORT

For the financial year ended 31 December 2023
THE GROVE (IPSWICH) MANAGEMENT CO LTD

DIRECTORS' REPORT

For the financial year ended 31 December 2023

DIRECTORS

The directors who served during the financial year and since the financial year end were as follows:

Andrew Clark
Barbara Stephanie Lys Noll

The Directors' Report has been prepared taking advantage of the small companies’ exemption of section 415A of the Companies Act 2006.



Approved by the Board of Directors and signed on its behalf by:

Andrew Clark
Director

16 September 2024

THE GROVE (IPSWICH) MANAGEMENT CO LTD

DIRECTORS' RESPONSIBILITIES STATEMENT

For the financial year ended 31 December 2023
THE GROVE (IPSWICH) MANAGEMENT CO LTD

DIRECTORS' RESPONSIBILITIES STATEMENT (continued)

For the financial year ended 31 December 2023

The directors are responsible for preparing the annual 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 profit or loss of the Company for that financial period.

In preparing these financial statements, the directors are required to:
* Select suitable accounting policies and then apply them consistently;
* Make judgements and accounting estimates that are reasonable and prudent; and
* 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.

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE GROVE (IPSWICH) MANAGEMENT CO LTD

For the financial year ended 31 December 2023

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE GROVE (IPSWICH) MANAGEMENT CO LTD (continued)

For the financial 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 financial statements of The Grove (Ipswich) Management Co Ltd for the financial year ended 31 December 2023 which comprise the Profit and Loss Account, the Balance Sheet and the related notes 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 www.icaew.com/regulation.

It is your duty to ensure that The Grove (Ipswich) Management Co Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Grove (Ipswich) Management Co Ltd. You consider that The Grove (Ipswich) Management Co Ltd is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of The Grove (Ipswich) Management Co Ltd. 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 financial statements.

This report is made solely to the Board of Directors of The Grove (Ipswich) Management Co Ltd, as a body, in accordance with our terms and conditions. Our work has been undertaken solely to prepare for your approval the financial statements of The Grove (Ipswich) Management Co Ltd and state those matters that we have agreed to state to you in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Grove (Ipswich) Management Co Ltd and its Board of Directors as a body for our work or for this report.

Gascoynes
Chartered Accountants

Gascoyne House
Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
Suffolk
IP28 6JY

16 September 2024

THE GROVE (IPSWICH) MANAGEMENT CO LTD

PROFIT AND LOSS ACCOUNT

For the financial year ended 31 December 2023
THE GROVE (IPSWICH) MANAGEMENT CO LTD

PROFIT AND LOSS ACCOUNT (continued)

For the financial year ended 31 December 2023
2023 2022
£ £
Turnover 10,080 9,410
Other income 74 3
Other charges ( 9,735) ( 9,326)
Profit before taxation 419 87
Tax on profit - -
Profit for the financial year 419 87
THE GROVE (IPSWICH) MANAGEMENT CO LTD

BALANCE SHEET

As at 31 December 2023
THE GROVE (IPSWICH) MANAGEMENT CO LTD

BALANCE SHEET (continued)

For the financial year ended 31 December 2023
2023 2022
£ £
Current assets 12,442 11,726
Creditors: amounts falling due within one year ( 2,940) ( 2,611)
Net current assets 9,502 9,115
Total assets less current liabilities 9,502 9,115
Accruals and deferred income ( 570) ( 604)
Net assets 8,932 8,511
Reserves 8,932 8,511

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 financial statements of The Grove (Ipswich) Management Co Ltd (registered number: 02772918) were approved and authorised for issue by the Board of Directors on 16 September 2024 and were signed on its behalf by:

Andrew Clark
Director
THE GROVE (IPSWICH) MANAGEMENT CO LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
THE GROVE (IPSWICH) MANAGEMENT CO LTD

NOTES TO THE FINANCIAL STATEMENTS (continued)

For the For the financial year ended 31 December 2023

1. Company information

The Company is a private company limited by guarantee and is incorporated in the United Kingdom and registered in England and Wales (Company no. 02772918). The address of its registered office is Archdeacons House, Northgate Street, Ipswich, IP1 3BX, England, United Kingdom.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the financial year, including directors 2 2
THE GROVE (IPSWICH) MANAGEMENT CO LTD

DETAILED PROFIT AND LOSS ACCOUNT

For the financial year ended 31 December 2023
THE GROVE (IPSWICH) MANAGEMENT CO LTD

DETAILED PROFIT AND LOSS ACCOUNT (continued)

For the financial year ended 31 December 2023
2023 2022
£ £
Turnover
Sales 10,080 9,410
Other income
Bank interest receivable 74 3
Other charges
Management fees ( 1,620) ( 1,440)
Grounds maintenance ( 1,351) ( 1,351)
Cleaning including window cleaning ( 2,020) ( 2,020)
Printing, postage and stationery ( 2) ( 47)
Buildings insurance ( 1,830) ( 1,667)
Repairs and maintenance ( 844) ( 949)
Accountancy fees ( 381) ( 450)
Intercom maintenance ( 240) -
Security - ( 220)
Data protection ( 50) -
Electricity ( 1,036) ( 1,182)
Health and safety ( 361) -
(9,735) (9,326)
Profit before taxation 419 87