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REGISTERED NUMBER: 02313969 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

REDYEAR COURT MANAGEMENT COMPANY LIMITED

REDYEAR COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02313969)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


REDYEAR COURT MANAGEMENT COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Dr L K Farach
Miss L E Hall
E J Oliver
Mrs N T West





SECRETARY: Dr L K Farach





REGISTERED OFFICE: 1 Redyear Court
Willesborough
Ashford
Kent
TN24 0TE





BUSINESS ADDRESS: 1 Redyear Court
Kennington Road
Willesborough Lees
Ashford
Kent
TN24 0TE





REGISTERED NUMBER: 02313969 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Invicta Business Centre
Monument Way
Orbital Park
Ashford
Kent
TN24 0HB

REDYEAR COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02313969)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,078 2,192

CURRENT ASSETS
Debtors 6 604 41
Cash at bank 29,255 28,109
29,859 28,150
CREDITORS
Amounts falling due within one year 7 705 650
NET CURRENT ASSETS 29,154 27,500
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,232

29,692

CAPITAL AND RESERVES
Called up share capital 16 16
Surplus funds from resident's
association 2,127 2,127
Retained earnings 29,089 27,549
SHAREHOLDERS' FUNDS 31,232 29,692

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 23 September 2024 and were signed on its behalf by:





Dr L K Farach - Director


REDYEAR COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02313969)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Redyear Court Management Company Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Income
Income represents service charges received from leaseholders to cover maintenance costs, insurance and administrative costs. The company does not trade in its own right. All transactions are entered into on behalf of the leaseholders. As such, no taxation liabilities arise on the transactions.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 1,427 6,797 8,224
DEPRECIATION
At 1 April 2023 - 6,032 6,032
Charge for year - 114 114
At 31 March 2024 - 6,146 6,146
NET BOOK VALUE
At 31 March 2024 1,427 651 2,078
At 31 March 2023 1,427 765 2,192

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 604 41

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 705 650