Company registration number 04347921 (England and Wales)
DENE MEWS MANAGEMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
Ridehalgh Limited
Chartered Accountants
Guardian House
42 Preston New Road
Blackburn
Lancashire
BB2 6AH
DENE MEWS MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
DENE MEWS MANAGEMENT COMPANY LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2024
31 January 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
5,225
5,225
Current assets
Debtors
800
640
Cash at bank and in hand
20,195
18,748
20,995
19,388
Creditors: amounts falling due within one year
(1,409)
(485)
Net current assets
19,586
18,903
Net assets
24,811
24,128
Capital and reserves
Called up share capital
28
28
Profit and loss reserves
24,783
24,100
Total equity
24,811
24,128

For the financial year ended 31 January 2024 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 of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 6 September 2024
Ms J Sanders
Director
Company registration number 04347921 (England and Wales)
DENE MEWS MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
- 2 -
1
Accounting policies
Company information

Dene Mews Management Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is 10 Dene Mews, Sunderland, SR5 3AY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received for contributions made by residents.

 

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

No depreciation is applied to freehold property on the basis that the residual value is does not fall below the original cost value.

Freehold property
No depreciation

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets are recognised at transaction price.

Basic financial liabilities

Basic financial liabilities are recognised at transaction price.

DENE MEWS MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
1
Accounting policies
(Continued)
- 3 -
1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Tangible fixed assets
Freehold property
£
Cost
At 1 February 2023 and 31 January 2024
5,225
Depreciation and impairment
At 1 February 2023 and 31 January 2024
-
0
Carrying amount
At 31 January 2024
5,225
At 31 January 2023
5,225
2024-01-312023-02-01false06 September 2024CCH SoftwareCCH Accounts Production 2024.200No description of principal activityMs J SandersMs PF Fraserfalsefalse043479212023-02-012024-01-31043479212024-01-31043479212023-01-3104347921core:LandBuildingscore:OwnedOrFreeholdAssets2024-01-3104347921core:LandBuildingscore:OwnedOrFreeholdAssets2023-01-3104347921core:CurrentFinancialInstrumentscore:WithinOneYear2024-01-3104347921core:CurrentFinancialInstrumentscore:WithinOneYear2023-01-3104347921core:ShareCapital2024-01-3104347921core:ShareCapital2023-01-3104347921core:RetainedEarningsAccumulatedLosses2024-01-3104347921core:RetainedEarningsAccumulatedLosses2023-01-3104347921bus:Director12023-02-012024-01-3104347921core:LandBuildingscore:OwnedOrFreeholdAssets2023-02-012024-01-31043479212022-02-012023-01-3104347921core:LandBuildingscore:OwnedOrFreeholdAssets2023-01-3104347921bus:PrivateLimitedCompanyLtd2023-02-012024-01-3104347921bus:SmallCompaniesRegimeForAccounts2023-02-012024-01-3104347921bus:FRS1022023-02-012024-01-3104347921bus:AuditExemptWithAccountantsReport2023-02-012024-01-3104347921bus:CompanySecretary12023-02-012024-01-3104347921bus:FullAccounts2023-02-012024-01-31xbrli:purexbrli:sharesiso4217:GBP