Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 true 1 August 2023 31 July 2024 31 July 2024 06302837 Mr D T Edwards Ms B D Rogers Ms J L O'Connell Mrs K E Siely Mr D F Stacey Mr D T Edwards iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06302837 2023-07-31 06302837 2024-07-31 06302837 2023-08-01 2024-07-31 06302837 frs-core:CurrentFinancialInstruments 2024-07-31 06302837 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 06302837 frs-bus:CompanyLimitedByGuarantee 2023-08-01 2024-07-31 06302837 frs-bus:FullAccounts 2023-08-01 2024-07-31 06302837 frs-bus:SmallEntities 2023-08-01 2024-07-31 06302837 frs-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 06302837 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 06302837 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-08-01 2024-07-31 06302837 frs-bus:Director1 2023-08-01 2024-07-31 06302837 frs-bus:Director2 2023-08-01 2024-07-31 06302837 frs-bus:Director3 2023-08-01 2024-07-31 06302837 frs-bus:Director4 2023-08-01 2024-07-31 06302837 frs-bus:Director5 2023-08-01 2024-07-31 06302837 frs-bus:Director6 2023-08-01 2024-07-31 06302837 frs-bus:Director6 2024-07-31 06302837 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 06302837 frs-countries:EnglandWales 2023-08-01 2024-07-31 06302837 2022-07-31 06302837 2023-07-31 06302837 2022-08-01 2023-07-31 06302837 frs-core:CurrentFinancialInstruments 2023-07-31 06302837 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 06302837 frs-core:CurrentFinancialInstruments 1 2023-07-31
Registered number: 06302837
Moorhayes Park Management Company (No5) Limited
Directors' Report and
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Income and Expenditure Account 4
Balance Sheet 5
Notes to the Financial Statements 6
Page 1
Company Information
Directors Mr D T Edwards
Ms B D Rogers
Ms J L O'Connell
Mrs K E Siely
Mr D F Stacey
Secretary Mr D T Edwards
Company Number 06302837
Registered Office 53 Bampton Street
Tiverton
Devon
EX16 6AL
Accountants SMV Associates Ltd
4 Cedar Court
Tiverton Business Park
Tiverton
Devon
EX16 6GT
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 July 2024.
Principal Activity
The company's principal activity continues to be the management of apartments 4 to 20 (even numbers only) at Massey Road, Tiverton.
Directors
The directors who held office during the year were as follows:
Mr D T Edwards
Ms L Bartin Resigned 16/10/2023
Ms B D Rogers
Ms J L O'Connell
Mrs K E Siely
Mr D F Stacey
Small Company Rules
This report has 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.
On behalf of the board
Mr D T Edwards
Director
3 October 2024
Page 2
Page 3
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Moorhayes Park Management Company (No5) Limited for the year ended 31 July 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Moorhayes Park Management Company (No5) Limited which comprise the Income and Expenditure Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Moorhayes Park Management Company (No5) Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Moorhayes Park Management Company (No5) Limited and state those matters that we have agreed to state to the directors of Moorhayes Park Management Company (No5) Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Moorhayes Park Management Company (No5) Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Moorhayes Park Management Company (No5) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Moorhayes Park Management Company (No5) Limited . You consider that Moorhayes Park Management Company (No5) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Moorhayes Park Management Company (No5) Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
3 October 2024
SMV Associates Ltd
4 Cedar Court
Tiverton Business Park
Tiverton
Devon
EX16 6GT
Page 3
Page 4
Income and Expenditure Account
2024 2023
Notes £ £
TURNOVER 7,200 6,750
GROSS SURPLUS 7,200 6,750
Administrative expenses (5,879 ) (6,853 )
OPERATING SURPLUS/(DEFICIT) 1,321 (103 )
Other interest receivable and similar income 23 -
SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR 1,344 (103 )
The notes on page 6 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 800 1,529
Cash at bank and in hand 1,821 314
2,621 1,843
Creditors: Amounts Falling Due Within One Year 5 (3,092 ) (3,658 )
NET CURRENT ASSETS (LIABILITIES) (471 ) (1,815 )
TOTAL ASSETS LESS CURRENT LIABILITIES (471 ) (1,815 )
NET LIABILITIES (471 ) (1,815 )
Income and Expenditure Account (471 ) (1,815 )
MEMBERS' FUNDS (471) (1,815)
For the year ending 31 July 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 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 in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr D T Edwards
Director
3 October 2024
The notes on page 6 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. General Information
Moorhayes Park Management Company (No5) Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 06302837 . The registered office is 53 Bampton Street, Tiverton, Devon, EX16 6AL.
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 consists of fees and charges received from residents of the apartments.

2.3. Taxation
There is no corporation tax liability as the company's business consists of the management, on a non profit making basis, of a block of apartments for the owners of the apartments.
3. Average Number of Employees
The average number of employees, including directors, during the year was NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 800 551
Services charge due - 978
800 1,529
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,800 1,920
Other creditors 4 450
Accruals and deferred income 1,288 1,288
3,092 3,658
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 6