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REGISTERED NUMBER: 09623656 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

CONDIE MANAGEMENT SERVICES LIMITED

CONDIE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 09623656)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CONDIE MANAGEMENT SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: C W Condie
Mrs S D Condie





REGISTERED OFFICE: 15 Hill Gardens
Streatley
READING
Berkshire
RG8 9QF





REGISTERED NUMBER: 09623656 (England and Wales)





ACCOUNTANTS: Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS

CONDIE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 09623656)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 280 366
Investments 5 226 25,713
506 26,079

CURRENT ASSETS
Debtors 6 12,370 5,509
Cash at bank 302,851 393,584
315,221 399,093
CREDITORS
Amounts falling due within one year 7 (24,489 ) (20,072 )
NET CURRENT ASSETS 290,732 379,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

291,238

405,100

PROVISIONS FOR LIABILITIES (53 ) (70 )
NET ASSETS 291,185 405,030

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 291,085 404,930
SHAREHOLDERS' FUNDS 291,185 405,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

CONDIE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 09623656)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2024


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 2 October 2024 and were signed on its behalf by:





C W Condie - Director


CONDIE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 09623656)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Condie Management Services 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

Property, plant and equipment are measured at cost less accumulated depreciation and any accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CONDIE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 09623656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 July 2023 2,009
Additions 419
Disposals (377 )
At 30 June 2024 2,051
DEPRECIATION
At 1 July 2023 1,643
Charge for year 505
Eliminated on disposal (377 )
At 30 June 2024 1,771
NET BOOK VALUE
At 30 June 2024 280
At 30 June 2023 366

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 July 2023 25,713
Impairments (25,487 )
At 30 June 2024 226
NET BOOK VALUE
At 30 June 2024 226
At 30 June 2023 25,713

Cost or valuation at 30 June 2024 is represented by:

Other
investments
£   
Valuation in 2022 (25,471 )
Valuation in 2023 (21,836 )
Valuation in 2024 (25,487 )
Cost 73,020
226

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,000 -
Tax - 1,522
Prepayments and accrued income 8,370 3,987
12,370 5,509

CONDIE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 09623656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 317 419
Tax 517 -
VAT 1,572 1,608
Directors' current accounts 2,083 2,469
Accruals and deferred income 20,000 15,576
24,489 20,072