Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-042024-04-04The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalse1No description of principal activity2023-04-051true 07869820 2023-04-05 2024-04-04 07869820 2022-04-05 2023-04-04 07869820 2024-04-04 07869820 2023-04-04 07869820 c:Director2 2023-04-05 2024-04-04 07869820 d:CurrentFinancialInstruments 2024-04-04 07869820 d:CurrentFinancialInstruments 2023-04-04 07869820 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-04 07869820 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-04 07869820 d:ShareCapital 2024-04-04 07869820 d:ShareCapital 2023-04-04 07869820 d:RetainedEarningsAccumulatedLosses 2024-04-04 07869820 d:RetainedEarningsAccumulatedLosses 2023-04-04 07869820 c:FRS102 2023-04-05 2024-04-04 07869820 c:AuditExempt-NoAccountantsReport 2023-04-05 2024-04-04 07869820 c:FullAccounts 2023-04-05 2024-04-04 07869820 c:PrivateLimitedCompanyLtd 2023-04-05 2024-04-04 iso4217:GBP xbrli:pure

Registered number: 07869820









MEGAN COURT MANAGEMENT LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 4 APRIL 2024

 
MEGAN COURT MANAGEMENT LTD
REGISTERED NUMBER: 07869820

STATEMENT OF FINANCIAL POSITION
AS AT 4 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
750
777

Cash at bank and in hand
  
18,907
20,179

  
19,657
20,956

Creditors: amounts falling due within one year
 5 
(3,528)
(4,052)

  

Net assets
  
16,129
16,904


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
16,127
16,902

  
16,129
16,904


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 December 2024.



A Pope
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
MEGAN COURT MANAGEMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2024

1.


General information

The company is a private company limited by shares and registered in England and Wales. The address of the registered office is 61 Teignmouth Road, Teignmouth, Devon, TQ14 8UR

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees


 

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 2

 
MEGAN COURT MANAGEMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2024

4.


Debtors

2024
2023
£
£


Trade debtors
380
190

Amounts owed by associated companies
370
587

750
777



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
286

Other creditors
3,528
3,528

Accruals and deferred income
-
238

3,528
4,052



6.


Related party transactions

At the reporting date, the company owed £3,528 (2023: £3,528) to the director. The balance was provided interest free and is repayable on demand. The company has not entered into any other transactions with related parties that are material and that have not been concluded under normal market conditions.

 
Page 3