Flitch Estate Management Co. Limited 03245145 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is management and maintenance of the Flitch Estate, Great Dunmow, Essex. Digita Accounts Production Advanced 6.30.9574.0 true 03245145 2023-04-01 2024-03-31 03245145 2024-03-31 03245145 core:RetainedEarningsAccumulatedLosses 2024-03-31 03245145 core:ShareCapital 2024-03-31 03245145 core:CurrentFinancialInstruments 2024-03-31 03245145 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03245145 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 03245145 bus:SmallEntities 2023-04-01 2024-03-31 03245145 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03245145 bus:FilletedAccounts 2023-04-01 2024-03-31 03245145 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03245145 bus:RegisteredOffice 2023-04-01 2024-03-31 03245145 bus:CompanySecretary1 2023-04-01 2024-03-31 03245145 bus:Director1 2023-04-01 2024-03-31 03245145 bus:Director2 2023-04-01 2024-03-31 03245145 bus:Director3 2023-04-01 2024-03-31 03245145 bus:Director4 2023-04-01 2024-03-31 03245145 bus:Director5 2023-04-01 2024-03-31 03245145 bus:Director6 2023-04-01 2024-03-31 03245145 bus:Director7 2023-04-01 2024-03-31 03245145 bus:Director9 2023-04-01 2024-03-31 03245145 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03245145 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 03245145 core:ShareCapital 2023-04-01 2024-03-31 03245145 countries:EnglandWales 2023-04-01 2024-03-31 03245145 2023-03-31 03245145 core:RetainedEarningsAccumulatedLosses 2023-03-31 03245145 core:ShareCapital 2023-03-31 03245145 2022-04-01 2023-03-31 03245145 2023-03-31 03245145 core:CurrentFinancialInstruments 2023-03-31 03245145 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03245145 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 03245145 core:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 03245145 core:ShareCapital 2022-04-01 2023-03-31 03245145 2022-03-31 03245145 core:RetainedEarningsAccumulatedLosses 2022-03-31 03245145 core:ShareCapital 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03245145

Flitch Estate Management Co. Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Flitch Estate Management Co. Limited

Contents

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Unaudited Financial Statements

4 to 6

 

Flitch Estate Management Co. Limited

Company Information

Directors

WC Baldwin

Andrew Paul Webb

Victor John Ronald Murrell

Dean Sean McGivern

Malcolm Gerald Barrell

Jeremy Thorpe

James Edward Amott

Richard John Bonner

Company secretary

Wilton Lyndon Limited

Registered office

5 Ducketts Wharf
South Street
Bishops Stortford
Hertfordshire
CM23 3AR

Accountants

Mansell & Co
Chartered Certified Accountants
5 Ducketts Wharf
South Street
Bishop's Stortford
Hertfordshire
CM23 3AR

 

Flitch Estate Management Co. Limited

(Registration number: 03245145)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

14,684

11,620

Cash at bank and in hand

 

24,351

26,822

 

39,035

38,442

Creditors: Amounts falling due within one year

5

(4,011)

(2,910)

Total assets less current liabilities

 

35,024

35,532

Creditors: Amounts falling due after more than one year

5

(31,488)

(29,977)

Net assets

 

3,536

5,555

Capital and reserves

 

Called up share capital

6

13

13

Retained earnings

3,523

5,542

Shareholders' funds

 

3,536

5,555

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 November 2024 and signed on its behalf by:
 

.........................................
WC Baldwin
Director

 

Flitch Estate Management Co. Limited

Statement of Changes in Equity for the Year Ended 31 March 2024

Share capital
£

Retained earnings
£

Total
£

At 1 April 2023

13

5,542

5,555

Loss for the year

-

(2,019)

(2,019)

At 31 March 2024

13

3,523

3,536

Share capital
£

Retained earnings
£

Total
£

At 1 April 2022

13

4,131

4,144

Profit for the year

-

1,411

1,411

At 31 March 2023

13

5,542

5,555

 

Flitch Estate Management Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
5 Ducketts Wharf
South Street
Bishops Stortford
Hertfordshire
CM23 3AR
England

These financial statements were authorised for issue by the Board on 12 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Flitch Estate Management Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4

Debtors

Current

2024
£

2023
£

Trade debtors

14,684

11,505

Other debtors

-

115

 

14,684

11,620

 

Flitch Estate Management Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

-

(629)

Accruals and deferred income

2,800

2,775

Other creditors

1,211

764

4,011

2,910

Creditors: amounts falling due after more than one year

2024
£

2023
£

Due after one year

Other non-current financial liabilities

31,488

29,977

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Aerotron Leasing Services Limited (Skysmart) of £1 each

1

1

1

1

Richard Bonner of £1 each

1

1

1

1

Cavendish Silks London Ltd of £1 each

1

1

1

1

Essex X-Ray and Medical Equipment Ltd of £1 each

1

1

1

1

E M B Goldman of £1 each

1

1

1

1

Elizabeth Jane Lane of £1 each

1

1

1

1

Multitech Ltd of £1 each

1

1

1

1

Roger Pryor of £1 each

1

1

1

1

Station Coachworks Ltd of £1 each

1

1

1

1

Jeremy Thorpe of £1 each

1

1

1

1

Universal Engine Power Ltd of £1 each

1

1

1

1

Uttlesford Community Travel of £1 each

1

1

1

1

Wilton Lyndon Limited of £1 each

1

1

1

1

13

13

13

13