REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 |
FOR |
GORRINGES BROOK MANAGEMENT COMPANY |
LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 |
FOR |
GORRINGES BROOK MANAGEMENT COMPANY |
LIMITED |
GORRINGES BROOK MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 03781388) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
GORRINGES BROOK MANAGEMENT COMPANY |
LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 JUNE 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
First Floor |
Ridgeland House |
15 Carfax |
Horsham |
West Sussex |
RH12 1DY |
GORRINGES BROOK MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 03781388) |
BALANCE SHEET |
30 JUNE 2024 |
30.6.24 | 30.6.23 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Cyclical maintenance |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
GORRINGES BROOK MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 03781388) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared as the financial statements for the resident management company acting as principal for all transactions during the year. Because of this, transactions entered into have been recognised in the profit and loss report, as per guidance from ICAEW under UITF 92 and previous legislation. The cash balance held by the company is being held on trust for the lessees in accordance with the Landlords and Tenants Act 1987, and is not an asset of the company. |
Turnover |
Turnover represents service charges payable towards the management of property known as Gorringes Brook, Pondtail Road, Horsham, West Sussex |
2. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.24 | 30.6.23 |
£ | £ |
Service charges receivable |
Prepaid expenses |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.24 | 30.6.23 |
£ | £ |
Trade creditors |
Accrued expenses |
5. | SCHEDULE OF REPAIRS TO PROPERTY |
30.06.2024 |
£ |
Keys | 31 |
New keys and cylinders | 255 |
Repair rainwater pipe | 174 |
Clearance | 100 |
Waste clearance | 190 |
Communal buzzer | 89 |
Annual maintenance charge | 128 |
Refixing tile | 95 |
Handrail | 182 |
Post boxes | 287 |
Gutters | 1,205 |
Total | 2,736 |
GORRINGES BROOK MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 03781388) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2024 |
6. | RESERVES |
Profit and | Cyclical | TOTALS |
loss account | maintenance |
At 1 July 2023 | 5,535 | 5,838 | 11,373 |
Profit for the year | 7,766 | - | 7,766 |
Transfer to cyclical maintenance | (5,500 | ) | 5,500 | - |
7,801 | 11,338 | 19,139 |
Less: Major works including management fees | (2,502 | ) | (2,502 | ) |
At 30 June 2024 | 7,801 | 8,836 | 16,638 |