Ascot Court Management Co (Sunninghill) Ltd 11174839 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is 98000 - Residents property management Digita Accounts Production Advanced 6.30.9574.0 true 11174839 2023-04-01 2024-03-31 11174839 2024-03-31 11174839 core:OtherReservesSubtotal 2024-03-31 11174839 core:RetainedEarningsAccumulatedLosses 2024-03-31 11174839 core:ShareCapital 2024-03-31 11174839 core:CurrentFinancialInstruments 2024-03-31 11174839 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 11174839 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 11174839 bus:SmallEntities 2023-04-01 2024-03-31 11174839 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11174839 bus:FilletedAccounts 2023-04-01 2024-03-31 11174839 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11174839 bus:RegisteredOffice 2023-04-01 2024-03-31 11174839 bus:Director1 2023-04-01 2024-03-31 11174839 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11174839 countries:EnglandWales 2023-04-01 2024-03-31 11174839 2023-03-31 11174839 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 11174839 2022-04-01 2023-03-31 11174839 2023-03-31 11174839 core:OtherReservesSubtotal 2023-03-31 11174839 core:RetainedEarningsAccumulatedLosses 2023-03-31 11174839 core:ShareCapital 2023-03-31 11174839 core:CurrentFinancialInstruments 2023-03-31 11174839 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 11174839 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 11174839

Ascot Court Management Co (Sunninghill) Ltd

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 March 2024

 

Ascot Court Management Co (Sunninghill) Ltd

(Registration number: 11174839)
Statement of Financial Position as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

5

5

Current assets

 

Debtors

5

1,405

134

Cash at bank and in hand

 

2,654

5,231

 

4,059

5,365

Creditors: Amounts falling due within one year

6

(1,298)

(2,017)

Net current assets

 

2,761

3,348

Net assets

 

2,766

3,353

Capital and reserves

 

Called up share capital

15

15

Other reserves

5

5

Profit and loss account

2,746

3,333

Shareholders' funds

 

2,766

3,353

For the financial year ending 31 March 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 provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 24 January 2025 and signed on its behalf by:
 

.........................................
Miss L Bhoyroo-Sandy
Director

 

Ascot Court Management Co (Sunninghill) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 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: Knightway House, Park Street, Bagshot, GU19 5AQ. 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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

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. Turnover is shown net of value added tax, returns, rebates and discounts.

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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Trade debtors

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

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

 

Ascot Court Management Co (Sunninghill) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

3

Staff numbers

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

Due to the nature of the company's activities there were no employees in the current or previous year.

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2023

25,000

25,000

At 31 March 2024

25,000

25,000

Depreciation

At 1 April 2023

24,995

24,995

At 31 March 2024

24,995

24,995

Carrying amount

At 31 March 2024

5

5

At 31 March 2023

5

5

Included within the net book value of land and buildings above is £5 (2023 - £5) in respect of freehold land and buildings.
 

5

Debtors

2024
£

2023
£

Trade debtors

-

119

Other debtors

15

15

Prepayments

1,390

-

1,405

134

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Accruals and deferred income

1,298

2,017