Cranford Court Rhos-on-Sea Management Company Limited |
Notes to the Accounts |
for the year ended 31 December 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
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Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of Section 42 of the Landlord and Tenant Act 1987. |
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The Service charges collected and relevant costs relating to the service charges are not included in the company accounts. Information relating to the service charges is dealt with as a separate statement of account. |
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Prior Year Adjutsment |
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The accounts for the previous year have been restated to refect the above basis of preparation. |
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Taxation |
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No liability to Corporation tax arose in the year ending 31st December 2023 nor in the year ending 31st December 2022 |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
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- |
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3 |
Cash at bank |
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The cash balance of service charge funds held in trust are no longer included in the accounts of the company. The cash balance at 31 December 2023 was £22,151 |
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4 |
Other information |
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Cranford Court Rhos-on-Sea Management Company Limited is a private company limited by guarantee and incorporated in England. Its registered office is: |
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26 Connaught House |
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Conwy |
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Wales |
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LL32 8UB |