REGISTERED NUMBER: |
PICKERING COURT, GRANVILLE ROAD |
(MANAGEMENT) LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
REGISTERED NUMBER: |
PICKERING COURT, GRANVILLE ROAD |
(MANAGEMENT) LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
PICKERING COURT, GRANVILLE ROAD |
(MANAGEMENT) LIMITED (REGISTERED NUMBER: 00986652) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 | to | 3 |
Notes to the Financial Statements | 4 | to | 5 |
PICKERING COURT, GRANVILLE ROAD |
(MANAGEMENT) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
255 Green Lanes |
Palmers Green |
London |
N13 4XE |
PICKERING COURT, GRANVILLE ROAD |
(MANAGEMENT) LIMITED (REGISTERED NUMBER: 00986652) |
BALANCE SHEET |
31 MARCH 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank | 6 |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Reserve fund | 8 |
Service charge reserve | 8 |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
PICKERING COURT, GRANVILLE ROAD |
(MANAGEMENT) LIMITED (REGISTERED NUMBER: 00986652) |
BALANCE SHEET - continued |
31 MARCH 2024 |
In accordance with Section 444 of the Companies Act 2006, the Revenue account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
PICKERING COURT, GRANVILLE ROAD |
(MANAGEMENT) LIMITED (REGISTERED NUMBER: 00986652) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Pickering Court, Granville Road (Management) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Service charge |
Tangible fixed assets |
Tangible fixed assets represents Freehold land which is stated as a nominal value of £941. No depreciation is provided on this. |
Departures from companies act requirements |
The financial statements depart from the standard format of the Companies Act 2006 in that the Profit and Loss Account has been replaced by a Revenue Account. This departure, as permitted by s396 of the Companies Act 2006, has arisen because the directors consider that this presentation is more appropriate given the nature of the company's activity. The result for the year is unaffected by the accounting treatment adopted. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Freehold | Plant and |
property | machinery | Totals |
£ | £ | £ |
COST |
At 1 April 2023 |
and 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
and 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Service charge arrears |
Prepayments |
PICKERING COURT, GRANVILLE ROAD |
(MANAGEMENT) LIMITED (REGISTERED NUMBER: 00986652) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
6. | CASH AT BANK |
2024 | 2023 |
£ | £ |
Service charge account | 3,176 | 4,157 |
Reserve fund account | 3,186 | 6,124 |
Service charge monies are held in trust in designated client accounts at Barclays Bank plc under the titles BWCL Limited Pickering Court Clients Account and Barnard Cook London Limited Re Pickering Reserve. |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Members deposits |
Service charge creditors |
Sundry creditors and accruals |
8. | RESERVES |
Service |
charge | Reserve |
reserve | fund | Totals |
£ | £ | £ |
At 1 April 2023 | 14,038 |
Deficit for the year | ( |
) | ( |
) |
Transfer for year | 5,000 | (5,000 | ) | - |
At 31 March 2024 | 9,482 |
9. | COMPANY STATUS |
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation. |