Company Registration Number: |
(A company limited by guarantee, not having a share capital) |
for the financial year ended |
Reynard Row (Downham Market) Management Company Limited |
(A company limited by guarantee, not having a share capital) |
DIRECTOR AND OTHER INFORMATION |
Directors | |
Company Secretary | |
Company Registration Number | |
Registered Office | |
United Kingdom | |
Accountants | |
Chartered Accountants | |
36-38 King Street | |
Norfolk | |
PE30 1ES | |
United Kingdom |
Reynard Row (Downham Market) Management Company Limited |
(A company limited by guarantee, not having a share capital) |
DIRECTOR'S REPORT |
for the financial year ended 30 April 2024 |
The director presents his report and the unaudited financial statements for the financial year ended 30 April 2024. |
The Company is limited by guarantee not having a share capital. |
Directors |
The directors who served during the financial year are as follows: |
David Black (Appointed 30 January 2025) |
Ian Mason (Resigned 10 August 2023) |
Keith Brown (Resigned 30 January 2025) |
Statement of director's Responsibilities and Declaration on Unaudited Financial Statements |
General responsibilities |
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations. |
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the director is required to: |
- | select suitable accounting policies and apply them consistently; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- | make judgements and accounting estimates that are reasonable and prudent; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
Director's declaration on unaudited financial statements |
In relation to the financial statements comprising the Income and Expenditure Account, the Balance Sheet and the related notes: |
The director approves these financial statements and confirms that he is responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the company will continue in business. |
The director confirms that he has made available to Thain Wildbur, (Chartered Accountants), all the company's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements. |
Special provisions relating to small companies |
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. |
On behalf of the board |
___________________________ |
Director |
Reynard Row (Downham Market) Management Company Limited |
(A company limited by guarantee, not having a share capital) |
CHARTERED ACCOUNTANTS REPORT |
for the financial year ended 30 April 2024 |
We have carried out this engagement in accordance with guidance issued by ICAEW and have complied with the relevant ethical guidance laid down by ICAEW relating to members undertaking the compilation of financial statements. |
You have acknowledged on the Balance Sheet for the year ended 30 April 2024 your duty to ensure that Reynard Row (Downham Market) Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and surplus of Reynard Row (Downham Market) Management Company Limited. You consider that Reynard Row (Downham Market) Management Company Limited is exempt from the statutory audit requirement for the financial year. |
We have not been instructed to carry out an audit or a review of the financial statements of Reynard Row (Downham Market) Management Company Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
__________________________________ |
36-38 King Street |
Norfolk |
PE30 1ES |
United Kingdom |
Reynard Row (Downham Market) Management Company Limited |
(A company limited by guarantee, not having a share capital) |
INCOME AND EXPENDITURE ACCOUNT |
for the financial year ended 30 April 2024 |
2024 | 2023 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes | £ | £ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income | 2,200 | 2,200 | ||
Expenditure | (1,762) | (1,772) | ||
───────── | ───────── | |||
Surplus before interest | 438 | 428 | ||
Interest receivable and similar income | ||||
───────── | ───────── | |||
Surplus for the financial year | ||||
═════════ | ═════════ |
Reynard Row (Downham Market) Management Company Limited |
(A company limited by guarantee, not having a share capital) |
Company Registration Number: |
BALANCE SHEET |
as at |
2024 | 2023 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes | £ | £ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Current Assets |
Debtors | 4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash at bank and in hand | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Creditors: amounts falling due within one year | 5 | (1,025) | (1,325) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Current Assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Assets less Current Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
═════════ | ═════════ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reserves |
Income and expenditure account | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Members' Funds | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
═════════ | ═════════ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Approved by the Director and authorised for issue on |
________________________________ | |||||||
Director | |||||||
Reynard Row (Downham Market) Management Company Limited |
NOTES TO THE FINANCIAL STATEMENTS |
for the financial year ended 30 April 2024 |
1. | General Information | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reynard Row (Downham Market) Management Company Limited is a company limited by guarantee incorporated and registered in England. The registered number of the company is 13309481. The registered office of the company is 16 Church Street, Kings Lynn, Norfolk, PE30 5EB, United Kingdom. The principal activity during the year was the management and administration of the residential development described as Reynard Row (Downham Market) Management Company Limited. The financial statements have been presented in Pound (£) which is also the functional currency of the company. |
2. | Summary of Significant Accounting Policies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Statement of compliance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basis of preparation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trade and other debtors | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trade and other creditors | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Taxation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3. | Employees | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The company had no employees. |
4. | Debtors | 2024 | 2023 |
£ | £ | ||
Trade debtors | |||
Prepayments and accrued income | - | ||
───────── | ───────── | ||
═════════ | ═════════ |
5. | Creditors | 2024 | 2023 |
Amounts falling due within one year | £ | £ | |
Trade creditors | - | ||
Accruals and deferred income | |||
───────── | ───────── | ||
1,025 | 1,325 | ||
═════════ | ═════════ |
Reynard Row (Downham Market) Management Company Limited |
(A company limited by guarantee, not having a share capital) |
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS |
DETAILED INCOME AND EXPENDITURE ACCOUNT |
for the financial year ended 30 April 2024 |
2024 | 2023 | ||
£ | £ | ||
Income | 2,200 | 2,200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Expenditure |
Insurance | 169 | 217 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cleaning | - | 155 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Repairs and maintenance | 168 | - | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accountancy Fees | 525 | 500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
General expenses | 900 | 900 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,762 | 1,772 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Miscellaneous income |
Bank interest | 16 | 1 | |
───────── | ───────── | ||
Net surplus | 454 | 429 | |
═════════ | ═════════ |