Registered number
05223868
Harris Yard (Saffron Walden) No.1 Management Company Limited
Filleted Accounts
31 December 2023
Harris Yard (Saffron Walden) No.1 Management Company Limited
Registered number: 05223868
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 1,199 1,034
Cash at bank and in hand 663 2,846
1,862 3,880
Creditors: amounts falling due within one year 4 (1,782) (3,150)
Net current assets 80 730
Net assets 80 730
Capital and reserves
Reserve for major works 203 203
Service charge general reserve (123) 527
Total funds 80 730
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr I H J Hornsey
Director
Approved by the board on 26 September 2024
Harris Yard (Saffron Walden) No.1 Management Company 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).
Turnover
Turnover relates to the collection of service charges in relation to the six flats at Harris Yard.
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.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Debtors 2023 2022
£ £
Prepayments 1,199 1,034
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 875 2,302
Other creditors 907 848
1,782 3,150
5 Controlling party
There is no ultimate controlling party.
6 Other information
Harris Yard (Saffron Walden) No.1 Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
Cumberland House
24 - 28 Baxter Avenue
Southend-on-Sea
Essex
SS2 6HZ
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