Registered number
01851644
Charnwood House Management Co Ltd
Report and Accounts
31 August 2024
Charnwood House Management Co Ltd
Registered number: 01851644
Director's Report
The director presents his report and accounts for the year ended 31 August 2024.
Principal activities
The company's principal activity during the year continued to be the management and administration of eight flats known as Charnwood House situated at 22 Portland Street, Leamington Spa. The company acts for the benefit of its residents and is non-profit making.
Directors
The following persons served as directors during the year:
J Moorman
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 21 October 2024 and signed on its behalf.
J Moorman
Director
Charnwood House Management Co Ltd
Accountants' Report
Accountants' report to the director of
Charnwood House Management Co Ltd
You consider that the company is exempt from an audit for the year ended 31 August 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its surplus or deficit for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Accountancy Admin Limited
Accountants
Seren Y Mor
Stad Gwastadgoed Isaf
Llwyngwril
Gwynedd
LL37 2LA
21 October 2024
Charnwood House Management Co Ltd
Registered number: 01851644
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £ £ £
Current assets
Debtors 3 10,388 6,233
Cash at bank and in hand 553 6,493
10,941 12,726
Creditors: amounts falling due within one year 4 (3,480) (1,445)
Net current assets 7,461 11,281
Net assets 7,461 11,281
Capital and reserves
Called up share capital 8 8
Profit and loss account 7,453 11,273
Shareholders' funds 7,461 11,281
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income and expenditure account has not been delivered to the Registrar of Companies.
J Moorman
Director
Approved by the board on 21 October 2024
Charnwood House Management Co Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Income represents the invoiced value of Service charge contributions receivable.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Residents Service Charge Accounts(advanced payments) 10,388 6,233
4 Creditors: amounts falling due within one year 2024 2023
£ £
Loan from Managing Agents 2,850 85
Accrued Expenses 630 1,360
3,480 1,445
5 Reserve Fund for Major Works 2024 2023
£ £
At 1 September 2023 11,272 14,597
Reserves Contribution from Service Charges 4,602 4,770
Expenditure from Reserves (7,960) (7,039)
Transfer Income & Expenditure deficit (461) (1,055)
At 31 August 2024 7,453 11,273
6 Related Party Disclosure
The company derives its income from the property residents who are also its shareholders. The director represents the Management company and therefore enter into transactions with the company in the form of Management charges to the company.

All such transactions are conducted on the same terms as transactions with other shareholders, and on an arms length basis.
7 Other information
Charnwood House Management Co Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Six Olton Bridge
245 Warwick Road
Solihull
B92 7AH
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