Company registration number 13223679 (England and Wales)
Total Middlewich Management Ltd
Unaudited financial statements
For the period ended 30 June 2024
Total Middlewich Management Ltd
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
Total Middlewich Management Ltd
Balance sheet
As at 30 June 2024
- 1 -
30 June 2024
29 February 2024
Notes
£
£
£
£
Reserves
4
-
-
For the financial period ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 21 February 2025 and are signed on its behalf by:
Mr E C Chantler
Director
Company registration number 13223679 (England and Wales)
Total Middlewich Management Ltd
Notes to the financial statements
For the period ended 30 June 2024
- 2 -
1
Accounting policies
Company information
Total Middlewich Management Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is C/O Stretton Capital Limited, 4th Floor, Steam Mill Business Centre, Steam Mill Street, Chester, CH3 5AN.
1.1
Reporting period
The accounts have been prepared for a 3 month period to 30 June 2024 following the sale of land and the cessation of the business. The directors will be dissolving the company in due course.
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.3
Income and expenditure
Income and expenses are included in the financial statements as they become receivable or due.
Expenses include VAT where applicable as the company cannot reclaim it.
1.4
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
1.5
Taxation
The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2024
2024
Number
Number
Total
Total Middlewich Management Ltd
Notes to the financial statements (continued)
For the period ended 30 June 2024
- 3 -
3
Tangible fixed assets
The company acquired land on 28 April 2023 for a nominal fee of £1 which is the common areas of the site it will be administering service charges for.
On 17 May 2024 the land was sold for a nominal fee of £1 as part of the main site being sold by the parent company.
4
Members' liability
The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.