Clearmount Court Management Co Limited 02199378 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is The company's principal activity during the year continued to be the collection of service charges from the lessees of Clearmount Court, Weymouth and to administer the maintenance of the premises which is funded by the service charges receivable. Digita Accounts Production Advanced 6.30.9574.0 true 02199378 2023-03-01 2024-02-29 02199378 2024-02-29 02199378 bus:Director8 2024-02-29 02199378 core:RetainedEarningsAccumulatedLosses 2024-02-29 02199378 core:RevaluationReserve 2024-02-29 02199378 core:ShareCapital 2024-02-29 02199378 core:CurrentFinancialInstruments 2024-02-29 02199378 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 02199378 bus:SmallEntities 2023-03-01 2024-02-29 02199378 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 02199378 bus:FullAccounts 2023-03-01 2024-02-29 02199378 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 02199378 bus:RegisteredOffice 2023-03-01 2024-02-29 02199378 bus:CompanySecretary1 2023-03-01 2024-02-29 02199378 bus:Director1 2023-03-01 2024-02-29 02199378 bus:Director3 2023-03-01 2024-02-29 02199378 bus:Director8 2023-03-01 2024-02-29 02199378 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 02199378 bus:Agent1 2023-03-01 2024-02-29 02199378 core:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 02199378 core:RevaluationReserve 2023-03-01 2024-02-29 02199378 core:ShareCapital 2023-03-01 2024-02-29 02199378 countries:EnglandWales 2023-03-01 2024-02-29 02199378 2023-02-28 02199378 core:RetainedEarningsAccumulatedLosses 2023-02-28 02199378 core:RevaluationReserve 2023-02-28 02199378 core:ShareCapital 2023-02-28 02199378 2022-03-01 2023-02-28 02199378 2023-02-28 02199378 core:CurrentFinancialInstruments 2023-02-28 02199378 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 02199378 core:RetainedEarningsAccumulatedLosses 2022-03-01 2023-02-28 02199378 core:RevaluationReserve 2022-03-01 2023-02-28 02199378 core:ShareCapital 2022-03-01 2023-02-28 02199378 2022-02-28 02199378 core:RetainedEarningsAccumulatedLosses 2022-02-28 02199378 core:RevaluationReserve 2022-02-28 02199378 core:ShareCapital 2022-02-28 iso4217:GBP xbrli:pure

Registration number: 02199378

Clearmount Court Management Co Limited

Annual Report and Unaudited Financial Statements Year Ended 29 February 2024

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Chartered Accountants

 

Clearmount Court Management Co Limited

Contents

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 Unaudited Financial Statements

7 to 8

 

Clearmount Court Management Co Limited

Company Information

Directors

P G Bagshaw

Mrs G Cornwell

Company secretary

Coco Property Group Limited

Registered office

18a High West Street
Dorchester
Dorset
DT1 1UW

Accountants

Edwards & Keeping
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

 

Clearmount Court Management Co Limited

Directors' Report
for the Year Ended 29 February 2024

The directors present their report and the financial statements for the year ended 29 February 2024.

Directors of the company

The directors who held office during the year were as follows:

P G Bagshaw

Mrs G Cornwell

T S J Oliver (ceased 21 August 2024)

Principal activity

The company's principal activity during the year continued to be the collection of service charges from the lessees of Clearmount Court, Weymouth and to administer the maintenance of the premises which is funded by the service charges receivable.

Small companies provision statement

This report has 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.

Approved by the Board on 29 November 2024 and signed on its behalf by:




Coco Property Group Limited
Company secretary

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Clearmount Court Management Co Limitedfor the Year Ended 29 February 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Clearmount Court Management Co Limited for the year ended 29 February 2024 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Clearmount Court Management Co Limited, as a body, in accordance with the terms of our engagement letter dated 16 April 2019. Our work has been undertaken solely to prepare for your approval the accounts of Clearmount Court Management Co Limited and state those matters that we have agreed to state to the Board of Directors of Clearmount Court Management Co Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clearmount Court Management Co Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Clearmount Court Management Co Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Clearmount Court Management Co Limited. You consider that Clearmount Court Management Co Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Clearmount Court Management Co Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.






Edwards & Keeping
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

29 November 2024

 

Clearmount Court Management Co Limited

Profit and Loss Account
for the Year Ended 29 February 2024

2024
£

2023
£

Turnover

 

5,055

4,805

Administrative expenses

 

(3,800)

(3,348)

Operating profit

 

1,255

1,457

Profit before tax

1,255

1,457

Taxation

 

-

-

Profit for the financial year

 

1,255

1,457

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Clearmount Court Management Co Limited

(Registration number: 02199378)
Balance Sheet as at 29 February 2024

Note

2024

2023

   

£

£

£

£

Current assets

   

 

Debtors

4

 

1,848

 

1,010

Cash at bank and in hand

   

7,142

 

6,912

   

8,990

 

7,922

Creditors: Amounts falling due within one year

5

 

(1,429)

 

(1,616)

Net assets

   

7,561

 

6,306

Capital and reserves

   

 

Called up share capital

7

 

7

 

Depreciation fund

7,554

 

6,299

 

Profit and loss account

   

7,561

 

6,306

For the financial year ending 29 February 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised for issue by the Board on 29 November 2024 and signed on its behalf by:
 



 

Mrs G Cornwell

Director

 

Clearmount Court Management Co Limited

Statement of Changes in Equity
for the Year Ended 29 February 2024

Share capital
£

Depreciation fund
£

Profit and loss account
£

Total
£

At 1 March 2023

7

6,299

-

6,306

Profit for the year

-

-

1,255

1,255

Other comprehensive income

-

-

-

-

Total comprehensive income

-

-

1,255

1,255

Transfers

-

1,255

(1,255)

-

At 29 February 2024

7

7,554

-

7,561

Share capital
£

Depreciation fund
£

Profit and loss account
£

Total
£

At 1 March 2022

7

4,842

-

4,849

Profit for the year

-

-

1,457

1,457

Other comprehensive income

-

-

-

-

Total comprehensive income

-

-

1,457

1,457

Transfers

-

1,457

(1,457)

-

At 28 February 2023

7

6,299

-

6,306

 

Clearmount Court Management Co Limited

Notes to the Unaudited Financial Statements
for the Year Ended 29 February 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:
18a High West Street
Dorchester
Dorset
DT1 1UW
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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from residents for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Clearmount Court Management Co Limited

Notes to the Unaudited Financial Statements
for the Year Ended 29 February 2024

3

Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0). The average number of directors) on the board during the year, was 3 (2023 - 3).

4

Debtors

2024
£

2023
£

Amounts due from lessees

1,581

1,010

Other debtors

267

-

1,848

1,010

5

Creditors

2024
£

2023
£

Due within one year

Amounts in advance from lessees

771

923

Accruals

480

492

Other creditors

178

201

1,429

1,616