Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06450718 Mr I van der Heijden Mr A Tandon Miss Z Strimpel Mr I van der Heijden true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06450718 2023-03-31 06450718 2024-03-31 06450718 2023-04-01 2024-03-31 06450718 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 06450718 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 06450718 frs-core:ShareCapital 2024-03-31 06450718 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06450718 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06450718 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06450718 frs-bus:SmallEntities 2023-04-01 2024-03-31 06450718 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06450718 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06450718 1 2023-04-01 2024-03-31 06450718 frs-bus:Director1 2023-04-01 2024-03-31 06450718 frs-bus:Director2 2023-04-01 2024-03-31 06450718 frs-bus:Director3 2023-04-01 2024-03-31 06450718 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06450718 frs-countries:EnglandWales 2023-04-01 2024-03-31 06450718 2022-03-31 06450718 2023-03-31 06450718 2022-04-01 2023-03-31 06450718 frs-core:ShareCapital 2023-03-31 06450718 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06450718
Compi Management Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06450718
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 77,500 77,500
77,500 77,500
CURRENT ASSETS
Cash at bank and in hand 3,863 8,138
3,863 8,138
Creditors: Amounts Falling Due Within One Year 5 (88,193 ) (87,869 )
NET CURRENT ASSETS (LIABILITIES) (84,330 ) (79,731 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,830 ) (2,231 )
NET LIABILITIES (6,830 ) (2,231 )
CAPITAL AND RESERVES
Called up share capital 6 4 4
Profit and Loss Account (6,834 ) (2,235 )
SHAREHOLDERS' FUNDS (6,830) (2,231)
Page 1
Page 2
For the year ending 31 March 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr I van der Heijden
Director
14 October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Compi Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06450718 . The registered office is Yew Tree House, Lewes Road, Forest Row, East Sussex, RH18 5AA.
The company's principal activity continues to be that of management of the flats at 21 Compayne Gardens, London.
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 77,500
As at 31 March 2024 77,500
Net Book Value
As at 31 March 2024 77,500
As at 1 April 2023 77,500
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 88,193 87,869
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
7. Directors Advances, Credits and Guarantees
Included in other creditors due within one year is a loan from the director, Dr I van der Heijden amounting to £(31,504) 2023 - £(31,454).
Included in other creditors due within one year is a loan from the director, Miss Z Strimpel amounting to £(8,659) 2023 - £(8,609).
Included in other creditors due within one year is a loan from the director, Mr A Tandon amounting to £(38,836) 2023 - £(38,836).
The above loan is unsecured, interest free and repayable on demand.
8. Controlling Parties
The company was controlled throughout the current period by its directors, Dr I van der Heijden,
Miss Z Strimpel and Mr A Tandon, by virtue of the fact that between them they own the majority of the
company's ordinary issued share capital.
Page 4