REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
Canside Management Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
Canside Management Limited |
Canside Management Limited (Registered number: 08835020) |
Contents of the Financial Statements |
for the Year Ended 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Canside Management Limited |
Company Information |
for the Year Ended 31 December 2023 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Handel House |
Roselawn Fields |
Chelmsford |
Essex |
CM1 7GB |
Canside Management Limited (Registered number: 08835020) |
Balance Sheet |
31 December 2023 |
31.12.23 | 31.12.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Other reserves | 7 |
Income and expenditure account | 7 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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 |
Canside Management Limited (Registered number: 08835020) |
Notes to the Financial Statements |
for the Year Ended 31 December 2023 |
1. | STATUTORY INFORMATION |
Canside Management Limited is a private company, limited by shares, 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 the provisions of Section 1A "Small Entities" |
of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of |
Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost |
convention. |
Service charge income |
Service charge income is accounted for on an accruals basis. Any underspend in service charge costs is carried forward in reserves and adjusted for in charges rendered in future years. Amounts invoiced in advance are carried forward as deferred income. |
Taxation |
The company is run exclusively to service the common areas of Cater House on behalf of the leaseholders. The director does not consider that the company is liable to Corporation Tax on the surpluses that it may generate from time to time. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Other creditors |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.23 | 31.12.22 |
value: | £ | £ |
Ordinary £1 | £1 | 33 | 33 |
Canside Management Limited (Registered number: 08835020) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
7. | RESERVES |
Income |
and |
expenditure | Other |
account | reserves | Totals |
£ | £ | £ |
At 1 January 2023 | ( |
) | 16,002 |
Surplus for the year | - |
Transfer | ( |
) |
At 31 December 2023 | ( |
) | 20,763 |
Service charges include a provision for significant future works such as exterior decoration or roof repairs. The amount collected each year is transfered to the Other Reserve. |
8. | ULTIMATE CONTROLLING PARTY |
The director does not consider there to be an ultimate controlling party. |