IRIS Accounts Production v24.2.0.383 04625994 Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046259942022-12-31046259942023-12-31046259942023-01-012023-12-31046259942021-12-31046259942022-01-012022-12-31046259942022-12-3104625994ns15:EnglandWales2023-01-012023-12-3104625994ns14:PoundSterling2023-01-012023-12-3104625994ns10:Director12023-01-012023-12-3104625994ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104625994ns10:SmallEntities2023-01-012023-12-3104625994ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3104625994ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104625994ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104625994ns10:FullAccounts2023-01-012023-12-3104625994ns10:Director22023-01-012023-12-3104625994ns10:Director32023-01-012023-12-3104625994ns10:Director42023-01-012023-12-3104625994ns10:Director52023-01-012023-12-3104625994ns10:CompanySecretary12023-01-012023-12-3104625994ns10:RegisteredOffice2023-01-012023-12-3104625994ns5:CurrentFinancialInstruments2023-12-3104625994ns5:CurrentFinancialInstruments2022-12-3104625994ns5:ShareCapital2023-12-3104625994ns5:ShareCapital2022-12-3104625994ns5:FurtherSpecificReserve1ComponentTotalEquity2023-12-3104625994ns5:FurtherSpecificReserve1ComponentTotalEquity2022-12-3104625994ns5:RetainedEarningsAccumulatedLosses2023-12-3104625994ns5:RetainedEarningsAccumulatedLosses2022-12-3104625994ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3104625994ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 04625994 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Sevenoaks House Management Company
Limited

Sevenoaks House Management Company
Limited (Registered number: 04625994)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sevenoaks House Management Company
Limited

Company Information
for the year ended 31 December 2023







DIRECTORS: S A Brigham
P Cullum
M Folsom
J R Harris
J R Hubbard





SECRETARY: Helen Breeze Property Management LLP





REGISTERED OFFICE: Helen Breeze Property Management Llp
12 London Road
Sevenoaks
Gb
TN13 1AJ





REGISTERED NUMBER: 04625994 (England and Wales)





ACCOUNTANTS: ah partnership
Chartered Accountants
Stanley House
49 Dartford Road
Sevenoaks
Kent
TN13 3TE

Sevenoaks House Management Company
Limited (Registered number: 04625994)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 4,546 3,923
Cash at bank 24,505 13,794
29,051 17,717
CREDITORS
Amounts falling due within one year 5 3,059 5,320
NET CURRENT ASSETS 25,992 12,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,992

12,397

CAPITAL AND RESERVES
Called up share capital 5 5
Other reserves 6 10,646 4,480
Retained earnings 6 15,341 7,912
25,992 12,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 profit or loss 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.

Sevenoaks House Management Company
Limited (Registered number: 04625994)

Statement of Financial Position - continued
31 December 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:





S A Brigham - Director


Sevenoaks House Management Company
Limited (Registered number: 04625994)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Sevenoaks House Management Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the service charge demands issued to the leaseholders during the reporting period.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 4,546 3,923

Sevenoaks House Management Company
Limited (Registered number: 04625994)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 3,059 5,320

6. RESERVES

In addition to the normal service charge reserve separate reserves are held for sinking fund and Section 20 works. These reserves are ring fenced away from the service charge reserve due to the reserves representing specific additional demands and planned planned costs.

During the year the reserves had the following movements:

SinkingSection 20
Brought forward4,480-
Interest598-
Section 20 demands-236,756
Section 20 management fee-(420)
Section 20 works-(230,768)

Closing balance5,0785,568

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.

8. COMMISSION

During the year the managing agent received £Nil (2022: £67.01) in commission with regard to the arrangement of insurance policies.