Mardan Court Management Company Limited 00903478 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Property Management Digita Accounts Production Advanced 6.30.9574.0 true true 00903478 2023-01-01 2023-12-31 00903478 2023-12-31 00903478 core:OtherReservesSubtotal 2023-12-31 00903478 core:RetainedEarningsAccumulatedLosses 2023-12-31 00903478 core:CurrentFinancialInstruments 2023-12-31 00903478 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 00903478 bus:SmallEntities 2023-01-01 2023-12-31 00903478 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 00903478 bus:FilletedAccounts 2023-01-01 2023-12-31 00903478 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 00903478 bus:RegisteredOffice 2023-01-01 2023-12-31 00903478 bus:Director3 2023-01-01 2023-12-31 00903478 bus:Director4 2023-01-01 2023-12-31 00903478 bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 00903478 countries:England 2023-01-01 2023-12-31 00903478 2022-01-01 2022-12-31 00903478 2022-12-31 00903478 core:OtherReservesSubtotal 2022-12-31 00903478 core:RetainedEarningsAccumulatedLosses 2022-12-31 00903478 core:CurrentFinancialInstruments 2022-12-31 00903478 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 00903478

Mardan Court Management Company Limited

(A company limited by guarantee)

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Mardan Court Management Company Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Mardan Court Management Company Limited

Company Information

Directors

J E Perkins

R E Muller

Registered office

39 High Street
Battle
East Sussex
TN33 0EE

Accountants

Manningtons
8 High Street
Heathfield
East Sussex
TN21 8LS

 

Mardan Court Management Company Limited

(Registration number: 00903478)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

11,383

11,982

Cash at bank and in hand

 

13,489

15,359

 

24,872

27,341

Creditors: Amounts falling due within one year

5

(983)

(923)

Net assets

 

23,889

26,418

Reserves

 

Other reserves

900

900

Retained earnings

22,989

25,518

Surplus

 

23,889

26,418

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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 September 2024 and signed on its behalf by:
 

.........................................
J E Perkins
Director

 

Mardan Court Management Company Limited

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 consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £900 towards the assets of the company in the event of liquidation.

The address of its registered office is:
39 High Street
Battle
East Sussex
TN33 0EE
United Kingdom

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.

The presentation currency of the financial statements is the Pound Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis.

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. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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.

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.

 

Mardan Court Management Company Limited

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

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

3

Staff numbers

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

4

Debtors

2023
£

2022
£

Trade debtors

8,973

9,198

Prepayments

2,410

2,784

11,383

11,982

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

233

233

Accruals and deferred income

750

690

983

923