Orchard Mews ( Torquay) Management Ltd 11438883 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Is that of a flat mangement company for the mutual benefit of the flat owners who are also the shareholders Digita Accounts Production Advanced 6.30.9574.0 true true 11438883 2023-07-01 2024-06-30 11438883 2024-06-30 11438883 bus:Director1 1 2024-06-30 11438883 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 11438883 bus:SmallEntities 2023-07-01 2024-06-30 11438883 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 11438883 bus:FullAccounts 2023-07-01 2024-06-30 11438883 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11438883 bus:RegisteredOffice 2023-07-01 2024-06-30 11438883 bus:CompanySecretary1 2023-07-01 2024-06-30 11438883 bus:Director1 2023-07-01 2024-06-30 11438883 bus:Director1 1 2023-07-01 2024-06-30 11438883 bus:Director2 2023-07-01 2024-06-30 11438883 bus:Director4 2023-07-01 2024-06-30 11438883 bus:CompanyLimitedByGuarantee 2023-07-01 2024-06-30 11438883 countries:EnglandWales 2023-07-01 2024-06-30 11438883 bus:Director1 1 2023-06-30 11438883 2022-07-01 2023-06-30 11438883 bus:Director1 1 2023-06-30 11438883 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 11438883 bus:Director1 1 2022-07-01 2023-06-30 11438883 bus:Director1 1 2022-06-30 iso4217:GBP xbrli:pure

Registration number: 11438883

Orchard Mews ( Torquay) Management Ltd

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Orchard Mews ( Torquay) Management Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Orchard Mews ( Torquay) Management Ltd

Company Information

Directors

Ms Mechele Cunningham

Mr Christopher Otto Broad

Mr Christopher Ralph Vernal

Company secretary

Mr David Westerman

Registered office

Flat 4 Orchard Mews
Orchard Road
Torquay
Devon
TQ2 7PW

Accountants

Neil Wilson & Co
Bank Chambers
260-262 Union Street
Torquay
Devon
TQ2 5QU

 

Orchard Mews ( Torquay) Management Ltd

(Registration number: 11438883)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Creditors: Amounts falling due within one year

4

(286)

(286)

Reserves

 

Retained earnings

(286)

(286)

Deficit

 

(286)

(286)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 March 2025 and signed on its behalf by:
 

.........................................
Ms Mechele Cunningham
Director

 

Orchard Mews ( Torquay) Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Flat 4 Orchard Mews
Orchard Road
Torquay
Devon
TQ2 7PW

These financial statements were authorised for issue by the Board on 4 March 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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Orchard Mews ( Torquay) Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 1).

4

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

140

140

Other creditors

146

146

286

286

5

Related party transactions

Transactions with directors

2024

At 1 July 2023
£

At 30 June 2024
£

Ms Mechele Cunningham

Loan to Company

(146)

(146)

     
   

 

2023

At 1 July 2022
£

At 30 June 2023
£

Ms Mechele Cunningham

Loan to Company

(146)

(146)