Company registration number 02794798 (England and Wales)
THE STUDLEY MANAGEMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
THE STUDLEY MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
THE STUDLEY MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02794798)
BALANCE SHEET
AS AT
30 JUNE 2024
30 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,318
2,318
Reserves
Other reserves
2,318
2,318
Members' funds
2,318
2,318

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 22 August 2024 and are signed on its behalf by:
Mr C R Beeden
Director
THE STUDLEY MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -
1
Accounting policies
Company information

The Studley Management Company Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 5 Birling Road, Tunbridge Wells, Kent, TN2 5LX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.3
Income and expenditure

Income and expenses are included in the financial statements as they become receivable or due.

 

Expenses include VAT where applicable as the company cannot reclaim it.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
not provided
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
THE STUDLEY MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 3 -
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 July 2023 and 30 June 2024
2,318
Depreciation and impairment
At 1 July 2023 and 30 June 2024
-
0
Carrying amount
At 30 June 2024
2,318
At 30 June 2023
2,318
4
Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

2024-06-302023-07-01true16 September 2024CCH SoftwareCCH Accounts Production 2024.200No description of principal activityMr C R BeedenMr R J CrooksMs K J NugentBurkinshaw Management Ltdfalsefalse027947982023-07-012024-06-30027947982024-06-30027947982023-06-3002794798core:LandBuildings2024-06-3002794798core:LandBuildings2023-06-3002794798core:OtherMiscellaneousReserve2024-06-3002794798core:OtherMiscellaneousReserve2023-06-3002794798bus:Director12023-07-012024-06-3002794798core:LandBuildingscore:OwnedOrFreeholdAssets2023-07-012024-06-30027947982022-07-012023-06-3002794798core:LandBuildings2023-06-3002794798bus:EntityHasNeverTraded2023-07-012024-06-3002794798bus:CompanyLimitedByGuarantee2023-07-012024-06-3002794798bus:SmallCompaniesRegimeForAccounts2023-07-012024-06-3002794798bus:FRS1022023-07-012024-06-3002794798bus:AuditExemptWithAccountantsReport2023-07-012024-06-3002794798bus:Director22023-07-012024-06-3002794798bus:Director32023-07-012024-06-3002794798bus:CompanySecretary12023-07-012024-06-3002794798bus:FullAccounts2023-07-012024-06-30xbrli:purexbrli:sharesiso4217:GBP