REGISTERED NUMBER: |
CONNAUGHT COURT RESIDENTS LIMITED |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH SEPTEMBER 2023 |
REGISTERED NUMBER: |
CONNAUGHT COURT RESIDENTS LIMITED |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH SEPTEMBER 2023 |
CONNAUGHT COURT RESIDENTS LIMITED (REGISTERED NUMBER: 02280843) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH SEPTEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
CONNAUGHT COURT RESIDENTS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH SEPTEMBER 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
t/a Findlay Wetherfield Scott & Co., |
Chartered Accountants |
137, Station Road, |
Chingford, |
London |
E4 6AG |
BANKERS: |
182, High Street, |
Walthamstow, |
London, |
E17 7JH |
CONNAUGHT COURT RESIDENTS LIMITED (REGISTERED NUMBER: 02280843) |
BALANCE SHEET |
30TH SEPTEMBER 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
CONNAUGHT COURT RESIDENTS LIMITED (REGISTERED NUMBER: 02280843) |
BALANCE SHEET - continued |
30TH SEPTEMBER 2023 |
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 |
CONNAUGHT COURT RESIDENTS LIMITED (REGISTERED NUMBER: 02280843) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH SEPTEMBER 2023 |
1. | STATUTORY INFORMATION |
Connaught Court Residents Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
No depreciation is provided on the freehold ground. |
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 balance sheet date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | INTANGIBLE FIXED ASSETS |
The intangible asset is the company's formation costs which have not been written off. |
5. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
Cost |
At 1st October 2022 |
and 30th September 2023 |
Net book value |
At 30th September 2023 |
At 30th September 2022 |
CONNAUGHT COURT RESIDENTS LIMITED (REGISTERED NUMBER: 02280843) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH SEPTEMBER 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Owed by lessees for |
service charges levied |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other creditors |
Excess received from Lessees |
for service charges levied | 85 | 340 |
Held by company in Trust for lessees | 1,214 | 4,507 |
Accrued expenses |
8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
As each director is also a lessee of the property, service charges were levied on normal commercial terms. The amounts charged during the year to and the balance due either to or from each director at the year end date are as shown below. |
2023 | 2022 |
£ | £ |
A. Attard-Montalto | Services charges, etc. | 2,040 | 2,040 |
Balance due to (from) the lessee at the year end date | - | - |
G.L. Brooker | Services charges, etc. | 1,020 | 1,020 |
Balance due to (from) the lessee at the year end date | - | - |
Costs of £500 were reimbursed to Mr. Attard-Montalto during the year. |
9. | ULTIMATE CONTROLLING PARTY |
The company has no controlling party. |