Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 12292713 Mr Kevin Dry Mr Christopher Francis Mr Stephen Combes Mr Timothy Buck iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12292713 2023-04-30 12292713 2024-04-30 12292713 2023-05-01 2024-04-30 12292713 frs-core:OtherReservesSubtotal 2024-04-30 12292713 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 12292713 frs-bus:CompanyLimitedByGuarantee 2023-05-01 2024-04-30 12292713 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 12292713 frs-bus:SmallEntities 2023-05-01 2024-04-30 12292713 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12292713 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 12292713 frs-bus:Director1 2023-05-01 2024-04-30 12292713 frs-bus:Director2 2023-05-01 2024-04-30 12292713 frs-bus:Director3 2023-05-01 2024-04-30 12292713 frs-bus:Director4 2023-05-01 2024-04-30 12292713 frs-countries:EnglandWales 2023-05-01 2024-04-30 12292713 2022-04-30 12292713 2023-04-30 12292713 2022-05-01 2023-04-30 12292713 frs-core:OtherReservesSubtotal 2023-04-30 12292713 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 12292713
Lymore Grove Management Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Davis & Co Accountants
Jon Dowdeswell F M A A T
Brinkley Middle Road
Tiptoe
Lymington
SO41 6FX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 12292713
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 3,820 620
3,820 620
Creditors: Amounts Falling Due Within One Year 4 (420 ) -
NET CURRENT ASSETS (LIABILITIES) 3,400 620
TOTAL ASSETS LESS CURRENT LIABILITIES 3,400 620
NET ASSETS 3,400 620
RESERVES
Other reserves 760 -
Income and Expenditure Account 2,640 620
MEMBERS' FUNDS 3,400 620
Page 1
Page 2
For the year ending 30 April 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 Income and Expenditure Account.
On behalf of the board
Mr Stephen Combes
Director
8th October 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lymore Grove Management Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 12292713 . The registered office is Driftwood, 4 Lymore Grove, Everton Grange, Milford Road, Everton, Lymington, Hampshire, SO41 0JG.
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 rendering of services.
Rendering of services
Service fees are recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 420 -
5. Reserves
With effect from the financial year starting May 1st 2023, in compliance with the clauses stipulated within the Land Covenants and the Lymore Grove Management Accounts stated odjectives, a restricted fund is being created to set aside money specifically to cover 50% of the future costs to maintain, repair and if necessary replace the surface of the Shared Accessway drive leading to the Lymore Grove Management Limited properties.  As at 30 April 2024, the Shared Accesway
Reserve stands at £760.
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, or within one year after they cease to be a member, they will contribute to the assets of the company by such amount as may be required for:
- payments of debts and liabilitites of the company contracted before they cease to be a member;
- payments of costs, charges and expenses of winding up, and;
- adjustments of the rights of the contributors amoung themselves, not exceeding £1.
Page 3