Moor Park House Estate Management Ltd |
Registered number: |
09717792 |
Balance Sheet |
as at 31 December 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Lease |
2 |
|
|
25,882 |
|
|
25,908 |
Tangible assets |
3 |
|
|
4,333 |
|
|
6,483 |
|
|
|
|
30,215 |
|
|
32,391 |
|
Current assets |
Debtors |
4 |
|
(33,188) |
|
|
32,133 |
Cash at bank and in hand |
|
|
108,939 |
|
|
62,086 |
|
|
|
75,751 |
|
|
94,219 |
|
Creditors: amounts falling due within one year |
5 |
|
(8,342) |
|
|
(12,191) |
|
Net current assets |
|
|
|
67,409 |
|
|
82,028 |
|
Net assets |
|
|
|
97,624 |
|
|
114,419 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
25 |
|
|
25 |
General Reserve |
6 |
|
|
97,599 |
|
|
114,394 |
|
Shareholders' funds |
|
|
|
97,624 |
|
|
114,419 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Employees |
|
|
|
1 |
|
|
1 |
|
|
|
|
|
|
|
|
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 members have 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 and with due regard to TECH 03/11 for Residential Service Charge Accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income and expenditure account has not been delivered to the Registrar of Companies. |
|
|
|
|
Jim Rice |
Director on behalf of, and |
approved by, the board on 5 February 2025 |
|
Moor Park House Estate Management Ltd |
Notes to the Accounts |
for the year ended 31 December 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) plus TECH 03/11 Residential Service Charge Accounts. |
|
|
Service Charge Income |
|
Represents the amount received by way of Service Charges from the residents towards the running of the estate and accumulation of Reserve Funds for future expenditure. |
|
2 |
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Amortisation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
|
Debtors |
|
Amounts in advance paid to the company by way of Scheduled income, net of any sums due for these services from the residents |
|
|
Creditors |
|
These are sums due for the period being reported but not yet paid at Balance Sheet date although shown in the expenditure. |
|
|
Taxation |
|
There is no taxation as the estate is non profit making |
|
|
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. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
0 |
Leasehold Value of the estate |
£ |
|
Leasehold Interest |
|
|
Cost |
|
At 1 January 2024 |
26,077 |
|
Additions |
- |
|
Disposals |
- |
|
At 31 December 2024 |
26,077 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2024 |
169 |
|
Provided during the year |
26 |
|
On disposals |
- |
|
At 31 December 2024 |
195 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
25,882 |
|
At 31 December 2023 |
25,908 |
|
|
|
|
|
|
|
|
|
|
Lease Value is being written off in equal annual instalments over its life of 999 years. |
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
At 1 January 2024 |
10,783 |
|
At 31 December 2024 |
10,783 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2024 |
4,300 |
|
Charge for the year |
2,150 |
|
At 31 December 2024 |
6,450 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
4,333 |
|
At 31 December 2023 |
6,483 |
|
|
4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Amounts due for collection net |
(33,188) |
|
13,793 |
|
Prepayments |
|
- |
|
18,340 |
|
|
|
|
|
|
(33,188) |
|
32,133 |
|
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Invoice creditors |
803 |
|
5,884 |
|
Accruals |
|
7,167 |
|
5,962 |
|
Taxation and social security costs |
372 |
|
345 |
|
|
|
|
|
|
8,342 |
|
12,191 |
|
|
|
|
|
|
|
|
|
|
6 |
General Reserve |
2024 |
|
2023 |
£ |
£ |
|
|
At 1 January 2024 |
114,394 |
|
115,691 |
|
Surplus/Deficit added in the year against future expenditure |
(16,795) |
|
(1,297) |
|
|
At 31 December 2024 |
97,599 |
|
114,394 |
|
|
|
|
|
|
|
|
|
|
7 |
Other information |
|
|
Moor Park House Estate Management Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
The Walled Garden, |
|
Farnham, |
|
Surrey, |
|
United Kingdom, |
|
GU10 1FA |