Registered number
06327395
Woodhatch Management Company Limited
Filleted Accounts
30 June 2024
Woodhatch Management Company Limited
Registered number: 06327395
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 6,062 4,094
Cash at bank and in hand 20,586 25,508
26,648 29,602
Creditors: amounts falling due within one year 4 (528) (5,783)
Net current assets 26,120 23,819
Net assets 26,120 23,819
Capital and reserves
Called up share capital 10 10
Service charge reserves 5 26,110 23,809
Owner's funds 26,120 23,819
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 member has 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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Louis Tsakistras
Director
Approved by the board on 20 October 2024
Woodhatch Management Company Limited
Notes to the Accounts
for the year ended 30 June 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).
Other financial commitments
The company has no income or expenditure in its own right from which it derives economic benefit. Whilst certain contracts are entered into in the company name, acting as principal, the settlement of the liabilities arising are covered by service charges demanded from leaseholders and administered through funds held in trust solely for this purpose. The transactions arising are shown in a separate set of annual service charge accounts distributed to leaseholders.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2024 2023
£ £
Service charges receivable 1,760 -
Prepayments 4,302 4,094
6,062 4,094
4 Creditors: amounts falling due within one year 2024 2023
£ £
Service charges in advance - 5,409
Other creditors 528 374
528 5,783
5 Service charge reserves
During the year the reserve fund and the reserve fund for longer term maintenance have been combined into one reserve fund, service charge reserves.
6 Other information
Woodhatch Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
C/O Axe Block Management Ltd
Thomas House
84 Eccleston Square
London
SW1V 1PX
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