Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 02517590 Mrs Janet Ball Mrs Sylvia O'brien Ms Audrey Horder Hillcrest Estate Management Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02517590 2022-12-31 02517590 2023-12-31 02517590 2023-01-01 2023-12-31 02517590 frs-core:CurrentFinancialInstruments 2023-12-31 02517590 frs-core:ShareCapital 2023-12-31 02517590 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 02517590 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02517590 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 02517590 frs-bus:SmallEntities 2023-01-01 2023-12-31 02517590 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02517590 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 02517590 frs-bus:Director1 2023-01-01 2023-12-31 02517590 frs-bus:Director2 2023-01-01 2023-12-31 02517590 frs-bus:Director3 2023-01-01 2023-12-31 02517590 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 02517590 frs-core:CurrentFinancialInstruments 1 2023-12-31 02517590 frs-countries:EnglandWales 2023-01-01 2023-12-31 02517590 2021-12-31 02517590 2022-12-31 02517590 2022-01-01 2022-12-31 02517590 frs-core:CurrentFinancialInstruments 2022-12-31 02517590 frs-core:ShareCapital 2022-12-31 02517590 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 02517590 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 02517590
Clarence Court (Wotton-Under-Edge) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Raymarsh Ford Limited
Chartered Accountants
41 High Street
Kingswood
Bristol
BS15 4AA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 02517590
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 3,012 4,432
Cash at bank and in hand 37,095 36,452
40,107 40,884
Creditors: Amounts Falling Due Within One Year 5 (12,668 ) (14,474 )
NET CURRENT ASSETS (LIABILITIES) 27,439 26,410
TOTAL ASSETS LESS CURRENT LIABILITIES 27,439 26,410
NET ASSETS 27,439 26,410
CAPITAL AND RESERVES
Called up share capital 6 16 16
Profit and Loss Account 27,423 26,394
SHAREHOLDERS' FUNDS 27,439 26,410
For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Janet Ball
Director
12 September 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Clarence Court (Wotton-Under-Edge) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02517590 . The registered office is Hillcrest Estate Management Limited 5 Grove Road, Redland, Bristol, BS6 6UJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover relates to the service charges charged to leaseholders on a monthly basis and accumulated over the year. No invoices are raised but the service charge is based on a budget agreed with the leaseholders.
2.3. Bank interest received
Service charge monies are held on trust in accordance with section 42, Landlord and Tenant Act 1987. Interest earned on service charge monies held on deposit is taxable at the basic rate of income tax, subject to a dispensation offered by HM Revenue & Customs to waive this requirement.
2.4. Bank account
Service charge monies were held in trust in two separate bank accounts being:

Lloyds Bank PLC, Milton Keynes under the totle HEM LTD-CLIENT-CLARENCE COURT (account number 03677937); and

Bath Investment & Building Society, 15 Queens Square, Bath BA1 2HN under the title Clarence Court (Wotton Under Edge) (account number 42799964)
2.5. Accounts preparation
The accounts are prepared in accordance with the provisions of the lease and on an accruals basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 3,012 2,574
Other debtors - 1,858
3,012 4,432
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 282 360
Contributions in advance by residents 10,625 13,729
Accruals and deferred income 1,761 385
12,668 14,474
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 16 16
Page 2
Page 3
7. Related Party Transactions
Mrs JE Ball, a director of the company, undertakes the gardening service for the property. During the year an amount of £1,432 was incurred for her service (2022: £860).
A balancing credit was implemented in the accounts to reflect the surplus in the amounts demanded from leaseholds in accordance with the agreed budget and the actual expenditure incurred. The amount is reported in the accounts. Should the reserves of the company fall into deficit the the shareholders are ultimately liable for such a deficit.
Page 3