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REGISTERED NUMBER: 09518058 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

Sparrows Row Management Limited

Sparrows Row Management Limited (Registered number: 09518058)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Sparrows Row Management Limited

COMPANY INFORMATION
for the year ended 31 March 2024







Directors: Mr A W Tomes
Mr D C Bragg
Mr C G Hariades





Secretary: Whiton & Laing (South West) Llp





Registered office: Whitton and Laing
20 Queen Street
Exeter
Devon
EX4 3SN





Business address: c/o Holmefield,
Lapford, Crediton
Devon
EX17 6AF





Registered number: 09518058 (England and Wales)





Accountants: Nigel Webster & Co
129 North Hill
Plymouth
Devon
PL4 8JY

Sparrows Row Management Limited (Registered number: 09518058)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £   
Fixed assets
Tangible assets 4 - -

Current assets
Debtors 5 279 66
Cash at bank 12,769 9,330
13,048 9,396
Creditors
Amounts falling due within one year 6 4,425 7,247
Net current assets 8,623 2,149
Total assets less current liabilities 8,623 2,149

Reserves
Profit and loss account 8,623 2,149
8,623 2,149

Sparrows Row Management Limited (Registered number: 09518058)

BALANCE SHEET - continued
31 March 2024


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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2024 and were signed on its behalf by:





Mr D C Bragg - Director


Sparrows Row Management Limited (Registered number: 09518058)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Sparrows Row Management Limited is a private company, limited by guarantee, 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.

Turnover
Turnover represents amounts receivable in respect of management fees for maintenance of communal areas of the property.

Taxation
This represents the charge to corporation tax on interest on bank deposits during the period. As the company's activities are those of mutual trading, there is no liability to corporation tax on other income.

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.

Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS

The company held no fixed assets at the balance sheet date.

Sparrows Row Management Limited (Registered number: 09518058)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 279 66

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 4,425 7,247

7. COMPANY STATUS

The members of the company will contribute to the assets of the company in the event of it being wound up whilst they are still members or within one year after ceasing to be a member. This contribution will cover the payment of debts and liabilities of the company contracted before they cease to be members and including the costs, charges and expenses of winding up the company and for the adjustment of the rights of contributing among themselves, such amounts as may be required not exceeding £1.