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REGISTERED NUMBER: 04671412 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

CUMBERLAND PLACE MANAGEMENT COMPANY
LIMITED

CUMBERLAND PLACE MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 04671412)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023




Page

Company Information 1

Report of the Directors 2

Statement of Income and Retained Earnings 3

Balance Sheet 4

Notes to the Financial Statements 5


CUMBERLAND PLACE MANAGEMENT COMPANY
LIMITED

COMPANY INFORMATION
for the Year Ended 31st December 2023







DIRECTORS: A J Macleod
E T M Rowlandson





REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 04671412 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

CUMBERLAND PLACE MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 04671412)

REPORT OF THE DIRECTORS
for the Year Ended 31st December 2023

The directors present their report with the financial statements of the company for the year ended 31st December 2023.

DIRECTORS
The directors shown below have held office during the whole of the period from 1st January 2023 to the date of this report.

A J Macleod
E T M Rowlandson

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





A J Macleod - Director


12th March 2025

CUMBERLAND PLACE MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 04671412)

STATEMENT OF INCOME AND RETAINED EARNINGS
for the Year Ended 31st December 2023

31/12/23 31/12/22
Notes £    £   

TURNOVER 559,267 450,911

Service charge expenditure 559,376 450,911
OPERATING LOSS (109 ) -

Interest receivable and similar income 109 -
PROFIT BEFORE TAXATION - -

Tax on profit 4 - -
PROFIT FOR THE FINANCIAL YEAR - -

Retained earnings at beginning of year 1 1

RETAINED EARNINGS AT END OF YEAR 1 1

CUMBERLAND PLACE MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 04671412)

BALANCE SHEET
31st December 2023

31/12/23 31/12/22
Notes £    £   
CURRENT ASSETS
Debtors 5 219,611 253,921
Cash at bank 146,004 30,218
365,615 284,139
CREDITORS
Amounts falling due within one year 6 365,611 284,135
NET CURRENT ASSETS 4 4
TOTAL ASSETS LESS CURRENT
LIABILITIES

4

4

CAPITAL AND RESERVES
Called up share capital 7 3 3
Retained earnings 8 1 1
SHAREHOLDERS' FUNDS 4 4

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 12th March 2025 and were signed on its behalf by:





A J Macleod - Director


CUMBERLAND PLACE MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 04671412)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Cumberland Place Management Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents service charge contributions receivable for the year, net of VAT.

Reserves
Where expenditure exceeds income the deficit is recoverable from lessees within subsequent contributions. Surpluses of income over expenditure are held on trust on behalf of the lessees.

Presentation of the income statement
The presentation of the Income Statement on page 3 has been modified from the prescribed format for company accounts in order to provide more information to lessees and other parties who may be interested in the expenditure incurred in the management of the property.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

31/12/23 31/12/22
£    £   
Directors' remuneration - -

4. TAXATION

Analysis of the tax charge
No liability to UK corporation tax arose for the year ended 31st December 2023 nor for the year ended 31st December 2022.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 214,832 126,990
Other debtors 4 4
Service charge deficit - 88,713
VAT - 31,927
Prepayments 4,775 6,287
219,611 253,921

CUMBERLAND PLACE MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 04671412)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade creditors 60,444 165,536
VAT 43,320 -
Surplus contributions received 60,443 -
Receipts in advance 154,928 79,250
Accrued expenses 46,476 39,349
365,611 284,135

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/23 31/12/22
value: £    £   
3 Ordinary Shares £1 3 3

8. RESERVES
Retained
earnings
£   

At 1st January 2023 1
Profit for the year -
At 31st December 2023 1