The Coach & Horses Management Company Limited 03676843 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is The principal activity of the company continued to be that of the management and maintenance of the property known as The Coach and Horses, Charmouth, Dorset. The company owns the freehold reversion of the premises at The Coach and Horses, Charmouth, Dorset subject to 999 year leases on 6 leasehold properties. Digita Accounts Production Advanced 6.30.9574.0 true 03676843 2023-01-01 2023-12-31 03676843 2023-12-31 03676843 core:RetainedEarningsAccumulatedLosses 2023-12-31 03676843 core:RevaluationReserve 2023-12-31 03676843 core:ShareCapital 2023-12-31 03676843 core:CurrentFinancialInstruments 2023-12-31 03676843 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 03676843 core:LandBuildings 2023-12-31 03676843 bus:SmallEntities 2023-01-01 2023-12-31 03676843 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03676843 bus:FullAccounts 2023-01-01 2023-12-31 03676843 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03676843 bus:RegisteredOffice 2023-01-01 2023-12-31 03676843 bus:Director1 2023-01-01 2023-12-31 03676843 bus:Director6 2023-01-01 2023-12-31 03676843 bus:Director7 2023-01-01 2023-12-31 03676843 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03676843 bus:Agent1 2023-01-01 2023-12-31 03676843 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 03676843 core:RevaluationReserve 2023-01-01 2023-12-31 03676843 core:ShareCapital 2023-01-01 2023-12-31 03676843 countries:EnglandWales 2023-01-01 2023-12-31 03676843 2022-12-31 03676843 core:RetainedEarningsAccumulatedLosses 2022-12-31 03676843 core:RevaluationReserve 2022-12-31 03676843 core:ShareCapital 2022-12-31 03676843 core:LandBuildings 2022-12-31 03676843 2022-01-01 2022-12-31 03676843 2022-12-31 03676843 core:RetainedEarningsAccumulatedLosses 2022-12-31 03676843 core:RevaluationReserve 2022-12-31 03676843 core:ShareCapital 2022-12-31 03676843 core:CurrentFinancialInstruments 2022-12-31 03676843 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 03676843 core:LandBuildings 2022-12-31 03676843 core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 03676843 core:RevaluationReserve 2022-01-01 2022-12-31 03676843 core:ShareCapital 2022-01-01 2022-12-31 03676843 2021-12-31 03676843 core:RetainedEarningsAccumulatedLosses 2021-12-31 03676843 core:RevaluationReserve 2021-12-31 03676843 core:ShareCapital 2021-12-31 iso4217:GBP xbrli:pure

Registration number: 03676843

The Coach & Horses Management Company Limited

Annual Report and Unaudited Financial Statements Year Ended 31 December 2023

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Chartered Accountants

 

The Coach & Horses Management Company Limited

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5

Statement of Changes in Equity

6

Notes to the Unaudited Financial Statements

7 to 9

 

The Coach & Horses Management Company Limited

Company Information

Directors

P W Treadgold

Dr S W Dolan

A Buckingham

Registered office

Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

Accountants

Edwards & Keeping
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

 

The Coach & Horses Management Company Limited

Directors' Report
for the Year Ended 31 December 2023

The directors present their report and the financial statements for the year ended 31 December 2023.

Directors of the company

The directors who held office during the year were as follows:

P W Treadgold

Dr S W Dolan

A Buckingham

Principal activity

The principal activity of the company continued to be that of the management and maintenance of the property known as The Coach and Horses, Charmouth, Dorset. The company owns the freehold reversion of the premises at The Coach and Horses, Charmouth, Dorset subject to 999 year leases on 6 leasehold properties.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 21 August 2024 and signed on its behalf by:


P W Treadgold
Director

   
     
 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
The Coach & Horses Management Company Limitedfor the Year Ended 31 December 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Coach & Horses Management Company Limited for the year ended 31 December 2023 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of The Coach & Horses Management Company Limited, as a body, in accordance with the terms of our engagement letter dated 16 April 2019. Our work has been undertaken solely to prepare for your approval the accounts of The Coach & Horses Management Company Limited and state those matters that we have agreed to state to the Board of Directors of The Coach & Horses Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Coach & Horses Management Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Coach & Horses Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Coach & Horses Management Company Limited. You consider that The Coach & Horses Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of The Coach & Horses Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.






Edwards & Keeping
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

20 September 2024

 

The Coach & Horses Management Company Limited

Profit and Loss Account
for the Year Ended 31 December 2023

2023
  £

2022
  £

Turnover

13,502

13,502

Administrative expenses

(9,133)

(7,735)

Operating profit

4,369

5,767

Profit before tax

4,369

5,767

Taxation

-

-

Profit for the financial year

4,369

5,767

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

The Coach & Horses Management Company Limited

(Registration number: 03676843)
Balance Sheet as at 31 December 2023

Note

2023
 

2022
 

   

£

£

£

£

Fixed assets

   

 

Tangible assets

4

 

334

 

334

Current assets

   

 

Debtors

5

283

 

247

 

Cash at bank and in hand

 

64,479

 

58,989

 

 

64,762

 

59,236

 

Creditors: Amounts falling due within one year

6

(2,317)

 

(1,160)

 

Net current assets

   

62,445

 

58,076

Net assets

   

62,779

 

58,410

Capital and reserves

   

 

Called up share capital

6

 

6

 

Depreciation fund

62,773

 

58,404

 

Profit and loss account

-

 

-

 

   

62,779

 

58,410

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 21 August 2024 and signed on its behalf by:
 



P W Treadgold
Director

 

The Coach & Horses Management Company Limited

Statement of Changes in Equity
for the Year Ended 31 December 2023

Share capital
£

Depreciation fund
£

Profit and loss account
£

Total
£

At 1 January 2023

6

58,404

-

58,410

Profit for the year

-

-

4,369

4,369

Total comprehensive income

-

-

4,369

4,369

Transfers

-

4,369

(4,369)

-

At 31 December 2023

6

62,773

-

62,779

Share capital
£

Depreciation fund
£

Profit and loss account
£

Total
£

At 1 January 2022

6

52,637

-

52,643

Profit for the year

-

-

5,767

5,767

Total comprehensive income

-

-

5,767

5,767

Transfers

-

5,767

(5,767)

-

At 31 December 2022

6

58,404

-

58,410

 

The Coach & Horses Management Company Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

No depreciation is provided in respect of the freehold interest in the 6 properties at The Coach and Horses, Charmouth as its residual value will be at least equal to its cost.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from residents for services performed in the ordinary course of business.

 

The Coach & Horses Management Company Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company during the year, was 0 (2022 - 0). The average number of directors on the board during the year was 3 (2022 - 3).

4

Tangible assets

Freehold land and buildings
£

Total
£

Cost

At 1 January 2023

334

334

At 31 December 2023

334

334

Depreciation

At 1 January 2023

-

-

At 31 December 2023

-

-

Carrying amount

At 31 December 2023

334

334

At 31 December 2022

334

334

5

Debtors

2023
£

2022
£

Amounts due from lessees

100

80

Prepayments

183

167

283

247

 

The Coach & Horses Management Company Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2023

6

Creditors

2023
£

2022
£

Due within one year

Other creditors

1,754

645

Accruals

553

505

Amounts received in advance from lessees

10

10

2,317

1,160