Carrs Court Limited 03047546 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is the management and supply of services to the owners of leasehold properties situated at Carrs Court, Church Street, Wilmslow, Cheshire. Digita Accounts Production Advanced 6.30.9574.0 true true 03047546 2023-04-01 2024-03-31 03047546 2024-03-31 03047546 bus:OrdinaryShareClass1 bus:OtherShareType 2024-03-31 03047546 core:RetainedEarningsAccumulatedLosses 2024-03-31 03047546 core:ShareCapital 2024-03-31 03047546 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2024-03-31 03047546 core:CurrentFinancialInstruments 2024-03-31 03047546 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03047546 bus:SmallEntities 2023-04-01 2024-03-31 03047546 bus:Audited 2023-04-01 2024-03-31 03047546 bus:FullAccounts 2023-04-01 2024-03-31 03047546 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03047546 bus:RegisteredOffice 2023-04-01 2024-03-31 03047546 bus:CompanySecretary1 2023-04-01 2024-03-31 03047546 bus:Director18 2023-04-01 2024-03-31 03047546 bus:Director2 2023-04-01 2024-03-31 03047546 bus:Director3 2023-04-01 2024-03-31 03047546 bus:Director4 2023-04-01 2024-03-31 03047546 bus:Director5 2023-04-01 2024-03-31 03047546 bus:OrdinaryShareClass1 bus:OtherShareType 2023-04-01 2024-03-31 03047546 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03047546 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 03047546 core:ShareCapital 2023-04-01 2024-03-31 03047546 countries:EnglandWales 2023-04-01 2024-03-31 03047546 2023-03-31 03047546 core:RetainedEarningsAccumulatedLosses 2023-03-31 03047546 core:ShareCapital 2023-03-31 03047546 2022-04-01 2023-03-31 03047546 2023-03-31 03047546 bus:OrdinaryShareClass1 bus:OtherShareType 2023-03-31 03047546 core:ShareCapital 2023-03-31 03047546 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2023-03-31 03047546 core:CurrentFinancialInstruments 2023-03-31 03047546 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03047546 core:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 03047546 core:ShareCapital 2022-04-01 2023-03-31 03047546 2022-03-31 03047546 core:RetainedEarningsAccumulatedLosses 2022-03-31 03047546 core:ShareCapital 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03047546

Carrs Court Limited

Filleted Financial Statements

for the Year Ended 31 March 2024

 

Carrs Court Limited

Contents

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Financial Statements

4 to 8

 

Carrs Court Limited

Company Information

Directors

Mrs C W Armstrong

Mr C Brown

Mrs O Connor

Mr M Dukes

Mrs V A A Rogerson

Company secretary

Retirement Security Limited

Registered office

Unit 3
Wellesbourne Distribution Park
Loxley Road
Wellesbourne
Warwick
CV35 9JY

Auditors

Pennington Williams Limited
Stanhope House
Mark Rake
Bromborough
Wirral
Merseyside
CH62 2DN

 

Carrs Court Limited

(Registration number: 03047546)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Other financial assets

4

17,106

16,459

Current assets

 

Stocks

5

1,821

1,786

Debtors

6

74,615

31,394

Cash at bank and in hand

 

236,569

280,943

 

313,005

314,123

Creditors: Amounts falling due within one year

7

(330,064)

(330,535)

Net current liabilities

 

(17,059)

(16,412)

Net assets

 

47

47

Capital and reserves

 

Called up share capital

8

47

47

Shareholders' funds

 

47

47

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 Income & Expenditure.

Approved and authorised by the Board on 16 September 2024 and signed on its behalf by:
 

.........................................
Mrs C W Armstrong
Director

.........................................
Mrs O Connor
Director

 

Carrs Court Limited

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

Share capital
£

Retained earnings
£

Total
£

At 1 April 2023

47

-

47

Profit for the year

-

89,002

89,002

Transfer to Fund for Future Maintenance

-

(89,002)

(89,002)

At 31 March 2024

47

-

47

Share capital
£

Retained earnings
£

Total
£

At 1 April 2022

47

-

47

Profit for the year

-

72,331

72,331

Transfer to Fund for Future Maintenance

-

(72,331)

(72,331)

At 31 March 2023

47

-

47

 

Carrs Court Limited

Notes to the 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:
Unit 3
Wellesbourne Distribution Park
Loxley Road
Wellesbourne
Warwick
CV35 9JY

The principal place of business is:
Church Street
Wilmslow
Cheshire
SK9 1AW

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

The financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

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 presentation currency is £ sterling.

Going concern

The financial statements have been prepared on a going concern basis.

 

Carrs Court Limited

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

Audit report

The Independent Auditor's Report was unqualified. . The name of the Senior Statutory Auditor who signed the audit report on 17 September 2024 was Mrs Lisa Jane Bean FCCA, who signed for and on behalf of Pennington Williams Limited.

Revenue recognition

Turnover comprises amounts receivable in respect of services provided. Income is recognised in the period when the service is provided. The resulting surplus for the year must agree to the Fund for Future Maintenance contribution budget, as set by an external surveyor and agreed with the Board. This is then transferred to the Fund for Future Maintenance. Any additional surplus over the contribution budget will be due back to the owners and any deficit under the contribution budget must be made good by the owners in line with the lease. These are recognised in the period they relate to.

Tax

The tax expense for the period comprises current tax. Tax is recognised in the Income & Expenditure account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investments

Listed investments in shares are included at market value. Unlisted investments in shares are included at cost less impairment. Dividends received are included in the Income & Expenditure Account as received.

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell.

Leases

Rentals payable under operating leases are charged to the Income & Expenditure Account on a straight line basis over the term of the lease.

Employee benefits

Short-term employee benefits, including holiday pay, are recognised as an expense in the Income & Expenditure Account in the period in which they are incurred.

The company operates a defined benefits contribution scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension costs charge represents contribuions payable for the period by the company to the fund.

 

Carrs Court Limited

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

Financial instruments

Classification
The following assets and liabilities are classified as financial instruments - trade debtors and trade creditors.
 Recognition and measurement
Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Income & Expenditure Account.
 

Fund for future maintenance

The company has an obligation to the owners to set aside such sums of money as the Company shall reasonably require to meet such future costs as it shall reasonably expect to incur in replacing, maintaining and renewing those items which it has covenanted to replace, maintain or renew as required by the lease agreement in place with the owners. The result of income over expenditure in the period is transferred to the fund for future maintenance for these future costs to be expended from.

3

Staff numbers

The average number of persons employed by the company during the year, was 17 (2023 - 18).

 

Carrs Court Limited

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

4

Other financial assets (current and non-current)

Financial assets
£

Total
£

Non-current financial assets

Valuation

At 1 April 2023

16,459

16,459

Revaluations

647

647

At 31 March 2024

17,106

17,106

Carrying amount

At 31 March 2024

17,106

17,106

At 31 March 2023

16,459

16,459

5

Stocks

2024
£

2023
£

Stock

1,821

1,786

6

Debtors

Current

2024
£

2023
£

Trade debtors

62,234

22,760

Prepayments

7,472

7,162

Other debtors

4,909

1,472

 

74,615

31,394

 

Carrs Court Limited

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

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

450

11,487

Taxation and social security

4,593

4,036

Accruals and deferred income

14,170

18,132

Other creditors

14,323

19,428

Surplus account

10,474

-

Fund for Future Maintenance

286,054

277,452

330,064

330,535

Fund for Future Maintenance

2024
 £

2023
 £

Opening balance

277,452

245,840

Transfer of prior year deficit

(1,910)

-

Surplus

89,002

72,331

Expenditure

(78,490)

(44,149)

Income

-

3,430

286,054

277,452

8

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary of £1 each

47

47

47

47