Wetherby House (Camberley) Management Company Limited 02641645 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is is that of a residents flat management company Digita Accounts Production Advanced 6.30.9574.0 true 02641645 2023-09-01 2024-08-31 02641645 2024-08-31 02641645 core:RetainedEarningsAccumulatedLosses 2024-08-31 02641645 core:ShareCapital 2024-08-31 02641645 core:CurrentFinancialInstruments 2024-08-31 02641645 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 02641645 core:LandBuildings core:OwnedOrFreeholdAssets 2024-08-31 02641645 bus:SmallEntities 2023-09-01 2024-08-31 02641645 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 02641645 bus:FullAccounts 2023-09-01 2024-08-31 02641645 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 02641645 bus:RegisteredOffice 2023-09-01 2024-08-31 02641645 bus:Director1 2023-09-01 2024-08-31 02641645 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 02641645 core:Land 2023-09-01 2024-08-31 02641645 countries:EnglandWales 2023-09-01 2024-08-31 02641645 2023-08-31 02641645 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-31 02641645 2022-09-01 2023-08-31 02641645 2023-08-31 02641645 core:RetainedEarningsAccumulatedLosses 2023-08-31 02641645 core:ShareCapital 2023-08-31 02641645 core:CurrentFinancialInstruments 2023-08-31 02641645 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 02641645 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 02641645

Wetherby House (Camberley) Management Company Limited

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 August 2024

 

Wetherby House (Camberley) Management Company Limited

(Registration number: 02641645)
Statement of Financial Position as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

8

8

Current assets

 

Debtors

5

714

1,216

Cash at bank and in hand

 

1,741

77

 

2,455

1,293

Creditors: Amounts falling due within one year

6

(843)

(1,816)

Net current assets/(liabilities)

 

1,612

(523)

Net assets/(liabilities)

 

1,620

(515)

Capital and reserves

 

Called up share capital

8

8

Profit and loss account

1,612

(523)

Shareholders' funds/(deficit)

 

1,620

(515)

For the financial year ending 31 August 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 provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

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

.........................................
Mr J B Jose
Director

 

Wetherby House (Camberley) Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 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: Knightway House, Park Street, Bagshot, GU19 5AQ. England.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the service charge demands rendered to the 8 flats

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold Land

Reversionary value

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

 

Wetherby House (Camberley) Management Company Limited

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

3

Staff numbers

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

Due to the nature of the company's activities there were no employees in the current or previous year.

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 September 2023

8

8

At 31 August 2024

8

8

Depreciation

Carrying amount

At 31 August 2024

8

8

At 31 August 2023

8

8

Included within the net book value of land and buildings above is £8 (2023 - £8) in respect of freehold land and buildings. The cost of the freehold property represents the reversionary interest in the land which is reflected at anominal value of £1 per flat..
 

5

Debtors

2024
£

2023
£

Trade debtors

-

260

Prepayments

714

956

714

1,216

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

-

545

Accruals and deferred income

843

1,271

843

1,816