IRIS Accounts Production v24.3.0.553 13831409 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh138314092023-03-31138314092024-03-31138314092023-04-012024-03-31138314092022-01-05138314092022-01-062023-03-31138314092023-03-3113831409ns15:EnglandWales2023-04-012024-03-3113831409ns14:PoundSterling2023-04-012024-03-3113831409ns10:Director12023-04-012024-03-3113831409ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113831409ns10:SmallEntities2023-04-012024-03-3113831409ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113831409ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113831409ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113831409ns10:FullAccounts2023-04-012024-03-311383140912023-04-012024-03-3113831409ns10:Director22023-04-012024-03-3113831409ns10:RegisteredOffice2023-04-012024-03-3113831409ns5:CurrentFinancialInstruments2024-03-3113831409ns5:CurrentFinancialInstruments2023-03-3113831409ns5:ShareCapital2024-03-3113831409ns5:ShareCapital2023-03-3113831409ns5:RetainedEarningsAccumulatedLosses2024-03-3113831409ns5:RetainedEarningsAccumulatedLosses2023-03-3113831409ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113831409ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-04-012024-03-3113831409ns5:ComputerEquipment2023-04-012024-03-3113831409ns5:IntangibleAssetsOtherThanGoodwill2024-03-3113831409ns5:ComputerEquipment2023-03-3113831409ns5:ComputerEquipment2024-03-3113831409ns5:ComputerEquipment2023-03-3113831409ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3113831409ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
















THE CONDITION MANAGEMENT COMPANY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






THE CONDITION MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 13831409)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE CONDITION MANAGEMENT COMPANY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: B J Krysiak
P J Krysiak





REGISTERED OFFICE: Anderson House
Clinton Avenue
Nottingham
Nottinghamshire
NG5 1AW





REGISTERED NUMBER: 13831409 (England and Wales)





ACCOUNTANTS: Sibbalds Limited
Chartered Accountants and Business Advisers
Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS

THE CONDITION MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 13831409)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,789 -
Tangible assets 5 4,787 2,860
15,576 2,860

CURRENT ASSETS
Debtors 6 19,160 1,487
Cash at bank 9,857 29,813
29,017 31,300
CREDITORS
Amounts falling due within one year 7 55,063 39,390
NET CURRENT LIABILITIES (26,046 ) (8,090 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,470 ) (5,230 )

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings (11,470 ) (6,230 )
SHAREHOLDERS' FUNDS (10,470 ) (5,230 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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 profit or loss 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.

THE CONDITION MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 13831409)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:





B J Krysiak - Director


THE CONDITION MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 13831409)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

The Condition Management Company Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

THE CONDITION MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 13831409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
In the opinion of the directors, the company has the continued support of a related company for the foreseeable future and it is therefore appropriate to adopt the going concern policy.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 11,664
At 31 March 2024 11,664
AMORTISATION
Charge for year 875
At 31 March 2024 875
NET BOOK VALUE
At 31 March 2024 10,789

THE CONDITION MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 13831409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023 2,874
Additions 3,094
At 31 March 2024 5,968
DEPRECIATION
At 1 April 2023 14
Charge for year 1,167
At 31 March 2024 1,181
NET BOOK VALUE
At 31 March 2024 4,787
At 31 March 2023 2,860

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 19,160 1,487

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,935 3,370
Taxation and social security 15,304 -
Other creditors 27,824 36,020
55,063 39,390

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £

250 Ordinary A £1 250 250
250 Ordinary B £1 250 250
250 Ordinary C £1 250 250
250 Ordinary D £1 250 250
1,000 1,000

THE CONDITION MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 13831409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. RELATED PARTY DISCLOSURES

At the year end, £22,720 (2023: £34,720) was due to a company under common control. This amount is interest-free and repayable on demand.