IRIS Accounts Production v24.2.0.383 02030372 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh020303722023-03-31020303722024-03-31020303722023-04-012024-03-31020303722022-03-31020303722022-04-012023-03-31020303722023-03-3102030372ns15:EnglandWales2023-04-012024-03-3102030372ns14:PoundSterling2023-04-012024-03-3102030372ns10:Director12023-04-012024-03-3102030372ns10:Director22023-04-012024-03-3102030372ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3102030372ns10:SmallEntities2023-04-012024-03-3102030372ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3102030372ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3102030372ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3102030372ns10:FullAccounts2023-04-012024-03-3102030372ns10:Director32023-04-012024-03-3102030372ns10:Director42023-04-012024-03-3102030372ns10:Director52023-04-012024-03-3102030372ns10:Director62023-04-012024-03-3102030372ns10:Director72023-04-012024-03-3102030372ns10:Director82023-04-012024-03-3102030372ns10:CompanySecretary12023-04-012024-03-3102030372ns10:RegisteredOffice2023-04-012024-03-3102030372ns5:CurrentFinancialInstruments2024-03-3102030372ns5:CurrentFinancialInstruments2023-03-3102030372ns5:ShareCapital2024-03-3102030372ns5:ShareCapital2023-03-3102030372ns5:CapitalRedemptionReserve2024-03-3102030372ns5:CapitalRedemptionReserve2023-03-3102030372ns5:FurtherSpecificReserve2ComponentTotalEquity2024-03-3102030372ns5:FurtherSpecificReserve2ComponentTotalEquity2023-03-3102030372ns5:RetainedEarningsAccumulatedLosses2024-03-3102030372ns5:RetainedEarningsAccumulatedLosses2023-03-3102030372ns5:LandBuildings2023-03-3102030372ns5:LandBuildings2024-03-3102030372ns5:LandBuildings2023-03-3102030372ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3102030372ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 02030372 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

WATERFORD COURT RESIDENTS MANAGEMENT
LIMITED

WATERFORD COURT RESIDENTS MANAGEMENT
LIMITED (REGISTERED NUMBER: 02030372)






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


WATERFORD COURT RESIDENTS MANAGEMENT
LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mr T Kazi
Mr N Rattenbury
Mr M Myers
Mr S A Salter
Dr. E Hui
Mr J Brand
Ms S Rahman
Ms A Ovaisi





SECRETARY: D&G Block Management Limited





REGISTERED OFFICE: 192-198 4th Floor Vauxhall Bridge Road
London
SW1V 1DX





REGISTERED NUMBER: 02030372 (England and Wales)





ACCOUNTANTS: Hillier Hopkins Accountants Limited
Trading as Colin Gray & Co
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

WATERFORD COURT RESIDENTS MANAGEMENT
LIMITED (REGISTERED NUMBER: 02030372)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,339 15,339

CURRENT ASSETS
Debtors 5 21,870 40,599
Cash at bank 36,428 2,369
58,298 42,968
CREDITORS
Amounts falling due within one year 6 33,967 31,746
NET CURRENT ASSETS 24,331 11,222
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,670

26,561

CAPITAL AND RESERVES
Called up share capital 23 23
Freehold interest reserve 15,339 15,339
Major repairs reserve 70 70
Retained earnings 24,238 11,129
SHAREHOLDERS' FUNDS 39,670 26,561

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.

WATERFORD COURT RESIDENTS MANAGEMENT
LIMITED (REGISTERED NUMBER: 02030372)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by:




Mr M Myers - Director



Mr T Kazi - Director


WATERFORD COURT RESIDENTS MANAGEMENT
LIMITED (REGISTERED NUMBER: 02030372)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Waterford Court Residents Management Limited 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.

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
Income represents service charges and ground rent received during the year.

Freehold interest
No depreciation charge has been provided for on the grounds that the annual depreciation charge and the accumulated depreciation are immaterial due to the estimated residual value of the freehold being in excess of the freehold's carrying amount.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2023
and 31 March 2024 15,339
NET BOOK VALUE
At 31 March 2024 15,339
At 31 March 2023 15,339

The Company, as nominee for the leaseholders, purchased the Freehold interest in Waterford Court in 1993 at a cost of £15,339.

Residents have contributed to the purchase by equal amounts either by way of an immediate payment or by payment over a period of time.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 21,870 40,599

WATERFORD COURT RESIDENTS MANAGEMENT
LIMITED (REGISTERED NUMBER: 02030372)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,074 -
Other creditors 32,893 31,746
33,967 31,746