21 Carlton Road North Management Co Ltd 03424149 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 provision of property management services. The company owns the freehold reversion of the premises at 21 Carlton Road North, Weymouth, Dorset subject to varying lengths of leases on 5 leasehold properties. Digita Accounts Production Advanced 6.30.9574.0 true 03424149 2023-01-01 2023-12-31 03424149 2023-12-31 03424149 bus:Director1 2023-12-31 03424149 bus:Director2 2023-12-31 03424149 bus:Director6 2023-12-31 03424149 core:FurtherSpecificReserve1ComponentTotalEquity 2023-12-31 03424149 core:RetainedEarningsAccumulatedLosses 2023-12-31 03424149 core:RevaluationReserve 2023-12-31 03424149 core:CurrentFinancialInstruments 2023-12-31 03424149 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 03424149 core:FurnitureFittingsToolsEquipment 2023-12-31 03424149 core:LandBuildings 2023-12-31 03424149 bus:SmallEntities 2023-01-01 2023-12-31 03424149 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03424149 bus:FullAccounts 2023-01-01 2023-12-31 03424149 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03424149 bus:RegisteredOffice 2023-01-01 2023-12-31 03424149 bus:CompanySecretary1 2023-01-01 2023-12-31 03424149 bus:Director1 2023-01-01 2023-12-31 03424149 bus:Director2 2023-01-01 2023-12-31 03424149 bus:Director6 2023-01-01 2023-12-31 03424149 bus:Director9 2023-01-01 2023-12-31 03424149 bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 03424149 bus:Agent1 2023-01-01 2023-12-31 03424149 core:FurtherSpecificReserve1ComponentTotalEquity 2023-01-01 2023-12-31 03424149 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 03424149 core:RevaluationReserve 2023-01-01 2023-12-31 03424149 core:FurnitureFittings 2023-01-01 2023-12-31 03424149 countries:EnglandWales 2023-01-01 2023-12-31 03424149 2022-12-31 03424149 core:FurtherSpecificReserve1ComponentTotalEquity 2022-12-31 03424149 core:RetainedEarningsAccumulatedLosses 2022-12-31 03424149 core:RevaluationReserve 2022-12-31 03424149 core:FurnitureFittingsToolsEquipment 2022-12-31 03424149 core:LandBuildings 2022-12-31 03424149 2022-01-01 2022-12-31 03424149 2022-12-31 03424149 core:CurrentFinancialInstruments 2022-12-31 03424149 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 03424149 core:FurnitureFittingsToolsEquipment 2022-12-31 03424149 core:LandBuildings 2022-12-31 03424149 core:FurtherSpecificReserve1ComponentTotalEquity 2022-01-01 2022-12-31 03424149 core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 03424149 core:RevaluationReserve 2022-01-01 2022-12-31 03424149 2021-12-31 03424149 core:FurtherSpecificReserve1ComponentTotalEquity 2021-12-31 03424149 core:RetainedEarningsAccumulatedLosses 2021-12-31 03424149 core:RevaluationReserve 2021-12-31 iso4217:GBP xbrli:pure

Registration number: 03424149

21 Carlton Road North Management Co Ltd (A company limited by guarantee)

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

image-name

Chartered Accountants

 

21 Carlton Road North Management Co Ltd

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

 

21 Carlton Road North Management Co Ltd

Company Information

Directors

Ms L Hensher

F Moles

C Bryan

Company secretary

Sirius Property Services Ltd

Registered office

116 High Street
Wyke Regis
Weymouth
DT4 9NU

Accountants

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

 

21 Carlton Road North Management Co Ltd

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:

Mrs A R Kerins (ceased 30 January 2024)

C Bryan

The following directors were appointed after the year end:

Ms L Hensher (appointed 20 February 2024)

F Moles (appointed 20 February 2024)

Principal activity

The principal activity of the company continued to be that of the provision of property management services.

The company owns the freehold reversion of the premises at 21 Carlton Road North, Weymouth, Dorset subject to varying lengths of leases on 5 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 20 September 2024 and signed on its behalf by:




Sirius Property Services Ltd
Company secretary

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
21 Carlton Road North Management Co Ltd
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 21 Carlton Road North Management Co Ltd 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 21 Carlton Road North Management Co Ltd, as a body, in accordance with the terms of our engagement letter dated 7 September 2022. Our work has been undertaken solely to prepare for your approval the accounts of 21 Carlton Road North Management Co Ltd and state those matters that we have agreed to state to the Board of Directors of 21 Carlton Road North Management Co Ltd, 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 21 Carlton Road North Management Co Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that 21 Carlton Road North Management Co Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of 21 Carlton Road North Management Co Ltd. You consider that 21 Carlton Road North Management Co Ltd 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 21 Carlton Road North Management Co Ltd. 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 and Keeping
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

23 September 2024

 

21 Carlton Road North Management Co Ltd

Profit and Loss Account
for the Year Ended 31 December 2023

Note

2023
£

2022
£

Turnover

 

5,700

5,800

Gross surplus

 

5,700

5,800

Administrative expenses

 

(5,742)

(13,199)

Operating deficit

 

(42)

(7,399)

Deficit before tax

(42)

(7,399)

Deficit for the financial year

 

(42)

(7,399)

The above results were derived from continuing operations.

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

 

21 Carlton Road North Management Co Ltd

(Registration number: 03424149)
Balance Sheet as at 31 December 2023

Note

2023

2022

   

£

£

£

£

Fixed assets

   

 

Tangible assets

4

 

5,459

 

5,459

Current assets

   

 

Debtors

5

420

 

391

 

Cash at bank and in hand

 

6,384

 

6,571

 

 

6,804

 

6,962

 

Creditors: Amounts falling due within one year

6

(879)

 

(995)

 

Net current assets

   

5,925

 

5,967

Net assets

   

11,384

 

11,426

Capital and reserves

   

 

Depreciation fund

5,926

 

5,968

 

Capital reserve

5,458

 

5,458

 

Profit and loss account

-

 

-

 

   

11,384

 

11,426

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 20 September 2024 and signed on its behalf by:
 

Ms L Hensher
Director

   
     

 

21 Carlton Road North Management Co Ltd

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

Depreciation fund
£

Capital reserve
£

Profit and loss account
£

Total
£

At 1 January 2023

5,968

5,458

-

11,426

Deficit for the year

-

-

(42)

(42)

Transfers

(42)

-

42

-

At 31 December 2023

5,926

5,458

-

11,384

Depreciation fund
£

Capital reserve
£

Profit and loss account
£

Total
£

At 1 January 2022

13,367

5,458

-

18,825

Deficit for the year

-

-

(7,399)

(7,399)

Transfers

(7,399)

-

7,399

-

At 31 December 2022

5,968

5,458

-

11,426

 

21 Carlton Road North Management Co Ltd

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

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
116 High Street
Wyke Regis
Weymouth
DT4 9NU

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.

Depreciation

No depreciation is provided in respect of the freehold interest in the 5 properties at 21 Carlton Road North Management Company Limited, Weymouth as its residual value will be at least equal to cost.

Fixed assets are recorded at cost. Other than freehold land and buildings the tangible assets are stated at cost less depreciation. Depreciation is provided on a straight line basis so that the assets are written down to the residual values over their expected life. The rates applied are as follows:

Asset class

Depreciation method and rate

Fire alarm system

20% per annum on cost

 

21 Carlton Road North Management Co Ltd

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

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.

Trade creditors

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

3

Staff numbers

The average number of persons employed by the company during the year, was 3 (2022 - 0). The average number of directors on the board during the year was 2 (2022 - 2).

 

21 Carlton Road North Management Co Ltd

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

4

Tangible assets

Land and buildings
£

Fire alarm system
 £

Total
£

Cost

At 1 January 2023

5,458

3,892

9,350

At 31 December 2023

5,458

3,892

9,350

Depreciation

At 1 January 2023

-

3,891

3,891

At 31 December 2023

-

3,891

3,891

Carrying amount

At 31 December 2023

5,458

1

5,459

At 31 December 2022

5,458

1

5,459

5

Debtors

Current

2023
£

2022
£

Amounts due from lessees

65

65

Prepayments

355

326

 

420

391

6

Creditors

2023
£

2022
£

Due within one year

Amounts in advance from lessees

25

25

Accruals

498

398

Other creditors

356

572

879

995