Wight Court Management Limited |
|
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Wight Court Management Limited for 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 Wight Court Management Limited for the year ended 31 December 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes 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, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance |
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF. |
|
Cochrane & Co Accountants Limited |
Chartered Accountants |
38 Kings Road |
Lee-on-the-Solent |
Hampshire |
PO13 9NU |
|
23 September 2024 |
|
Wight Court Management Limited |
Notes to the Accounts |
for the year ended 31 December 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
18 |
|
18 |
|
|
|
|
|
|
|
|
|
|
4 |
Controlling party |
|
|
The company is controlled by the directors by virtue of their shareholdings. |
|
|
5 |
Other information |
|
|
Wight Court Management Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
120 High Street |
|
Lee-on-the-Solent |
|
Hampshire |
|
PO13 9NU |