Scarletts Mews Management Company Limited 05030547 true 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is residents' property management Digita Accounts Production Advanced 6.30.9574.0 true Ms Karen Jane Free Mr John Glover 05030547 2024-01-01 2024-12-31 05030547 2024-12-31 05030547 core:RetainedEarningsAccumulatedLosses 2024-12-31 05030547 core:Goodwill 2024-12-31 05030547 bus:FRS102 2024-01-01 2024-12-31 05030547 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05030547 bus:FullAccounts 2024-01-01 2024-12-31 05030547 bus:RegisteredOffice 2024-01-01 2024-12-31 05030547 bus:CompanySecretary1 2024-01-01 2024-12-31 05030547 bus:Director3 2024-01-01 2024-12-31 05030547 bus:EntityNoLongerTradingButTradedInPast 2024-01-01 2024-12-31 05030547 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05030547 core:Goodwill 2024-01-01 2024-12-31 05030547 countries:AllCountries 2024-01-01 2024-12-31 05030547 2023-12-31 05030547 core:Goodwill 2023-12-31 05030547 2023-12-31 05030547 core:RetainedEarningsAccumulatedLosses 2023-12-31 05030547 core:Goodwill 2023-12-31 iso4217:GBP

Registration number: 05030547

Scarletts Mews Management Company Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2024

 

Scarletts Mews Management Company Limited

(Registration number: 05030547)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

3

1,026

1,026

Capital and reserves

 

Retained earnings

1,026

1,026

Shareholders' funds

 

1,026

1,026

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's 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 director acknowledges her 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 FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 20 January 2025
 

.........................................
Ms Karen Jane Free
Director

 

Scarletts Mews Management Company Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 Bansons Yard
High Street
Ongar
Essex
CM5 9AA

These financial statements were authorised for issue by the director on 20 January 2025.

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.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

No method used

 

Scarletts Mews Management Company Limited

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

3

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 January 2024

1,026

1,026

At 31 December 2024

1,026

1,026

Amortisation

Carrying amount

At 31 December 2024

1,026

1,026

At 31 December 2023

1,026

1,026

4

Share capital