Registered number
08171338
Cricketfields (Phase 2) RTM Company Limited
Directors Report and Unaudited Financial Statements
For the year ended
31 March 2024
(A company limited by guarantee)
Cricketfields (Phase 2) RTM Company Limited
Report and accounts
Contents
Page
Company information 1
Directors' report 2
Accountants' report 3
Profit and loss account 4
Balance sheet 5
Statement of changes in equity 6
Notes to the accounts 7 to 8
Cricketfields (Phase 2) RTM Company Limited
Company Information
Directors
Gerald John Hill
Nicholas Christopher Shirt
Secretary
MDA Property Management (Midlands) Ltd
Accountants
MD Associates
Sapphire Heights Courtyard
31 Tenby Street North
Birmingham
West Midlands
B1 3ES
Bankers
Barclays Bank plc
Registered office
Sapphire Heights Courtyard
31 Tenby Street North
Birmingham
West Midlands
B1 3ES
Registered number
08171338
Cricketfields (Phase 2) RTM Company Limited
Registered number: 08171338
Directors' Report
The directors present their report and accounts for the year ended 31 March 2024.
Principal activities
The company's principal activity during the year continued to be that of residents property management.
Directors
The following persons served as directors during the year:
Gerald John Hill
Nicholas Christopher Shirt
Status of the company
The company is limited by guarantee without share capital.

The guarantee of the members is limited to a contribution each in the event of the company being wound up. As at 31st March 2024 there were 24 members.
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 18 November 2024 and signed on its behalf.
Gerald John Hill
Director
Cricketfields (Phase 2) RTM Company Limited
Accountants' Report
Accountants' report to the directors of
Cricketfields (Phase 2) RTM Company Limited
You consider that the company is exempt from an audit for the year ended 31 March 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
MD Associates
Accountants & Tax Advisers
Sapphire Heights Courtyard
31 Tenby Street North
Birmingham
West Midlands
B1 3ES
18 November 2024
Cricketfields (Phase 2) RTM Company Limited
Profit and Loss Account
for the year ended 31 March 2024
2024 2023
£ £
Turnover 20,699 23,156
Administrative expenses (30,404) (17,553)
Operating (loss)/profit (9,705) 5,603
Interest receivable 219 22
(Loss)/profit before taxation (9,486) 5,625
Tax on (loss)/profit - -
(Loss)/profit for the financial year (9,486) 5,625
Cricketfields (Phase 2) RTM Company Limited
Registered number: 08171338
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 7,851 9,981
Cash at bank and in hand 18,733 26,018
26,584 35,999
Creditors: amounts falling due within one year 4 (773) (702)
Net current assets 25,811 35,297
Net assets 25,811 35,297
Capital and reserves
Profit and loss account 25,811 35,297
Members' funds 25,811 35,297
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Gerald John Hill
Director
Approved by the board on 18 November 2024
Cricketfields (Phase 2) RTM Company Limited
Statement of Changes in Equity
for the year ended 31 March 2024
Share Share Re- Profit Total
capital premium valuation and loss
reserve account
£ £ £ £ £
At 1 April 2022 - - - 29,672 29,672
Profit for the financial year - - - 5,625 5,625
At 31 March 2023 - - - 35,297 35,297
At 1 April 2023 - - - 35,297 35,297
Loss for the financial year - - - (9,486) (9,486)
At 31 March 2024 - - - 25,811 25,811
Cricketfields (Phase 2) RTM Company Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Service charge income from the residents is recoverable under the purchase agreement / lease and is accounted for on an accruals basis.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2024 2023
£ £
Trade debtors 1,355 4,253
Other debtors 6,496 5,728
7,851 9,981
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 773 702
5 Other information
Cricketfields (Phase 2) RTM Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
Sapphire Heights Courtyard
31 Tenby Street North
Birmingham
West Midlands
B1 3ES
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