Company Registration No. 11710529 (England and Wales)
Cowdray Court (Fleet) Management Limited
Unaudited accounts
for the year ended 31 December 2023
Cowdray Court (Fleet) Management Limited
Unaudited accounts
Contents
Cowdray Court (Fleet) Management Limited
Company Information
for the year ended 31 December 2023
Directors
Arran Kiern Atkinson
Roger Neil Atkinson
Company Number
11710529 (England and Wales)
Registered Office
6 Cedar Business Park
Cedar Lane
Frimley
Surrey
GU16 7AZ
Cowdray Court (Fleet) Management Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
6,826
7,066
Creditors: amounts falling due within one year
(15,003)
(9,407)
Net current liabilities
(4,544)
(2,341)
Net liabilities
(4,544)
(2,341)
Profit and loss account
(4,544)
(2,341)
Members' funds
(4,544)
(2,341)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by
Arran Kiern Atkinson
Director
Company Registration No. 11710529
Cowdray Court (Fleet) Management Limited
Notes to the Accounts
for the year ended 31 December 2023
Cowdray Court (Fleet) Management Limited is a private company, limited by guarantee, registered in England and Wales, registration number 11710529. The registered office is 6 Cedar Business Park, Cedar Lane, Frimley, Surrey, GU16 7AZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies. In preparing these financial statements, the directors have not had to make any judgements or key estimations.
Cowdray Court (Fleet) Management Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
15,003
9,407
6
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).