IRIS Accounts Production v24.3.2.46 03781388 Board of Directors 1.7.23 30.6.24 30.6.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037813882023-06-30037813882024-06-30037813882023-07-012024-06-30037813882022-06-30037813882022-07-012023-06-30037813882023-06-3003781388ns15:EnglandWales2023-07-012024-06-3003781388ns14:PoundSterling2023-07-012024-06-3003781388ns10:Director12023-07-012024-06-3003781388ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3003781388ns10:SmallEntities2023-07-012024-06-3003781388ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3003781388ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3003781388ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3003781388ns10:FullAccounts2023-07-012024-06-3003781388ns10:Director42023-07-012024-06-3003781388ns10:Director52023-07-012024-06-3003781388ns10:Director62023-07-012024-06-3003781388ns10:RegisteredOffice2023-07-012024-06-3003781388ns5:CurrentFinancialInstruments2024-06-3003781388ns5:CurrentFinancialInstruments2023-06-3003781388ns5:ShareCapital2024-06-3003781388ns5:ShareCapital2023-06-3003781388ns5:FurtherSpecificReserve1ComponentTotalEquity2024-06-3003781388ns5:FurtherSpecificReserve1ComponentTotalEquity2023-06-3003781388ns5:RetainedEarningsAccumulatedLosses2024-06-3003781388ns5:RetainedEarningsAccumulatedLosses2023-06-3003781388ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3003781388ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 03781388 (England and Wales)















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: S Torn
N D Brewer
C Briggs-Jones
D N Council





REGISTERED OFFICE: Penns Cottage
Horsham Road
Steyning
West Sussex
BN44 3LJ





REGISTERED NUMBER: 03781388 (England and Wales)





ACCOUNTANTS: Galloways Accounting
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 19,359 13,581
Cash at bank 1,715 1,935
21,074 15,516
CREDITORS
Amounts falling due within one year 4 4,395 4,101
NET CURRENT ASSETS 16,679 11,415
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,679

11,415

CAPITAL AND RESERVES
Called up share capital 42 42
Cyclical maintenance 8,836 5,838
Retained earnings 7,801 5,535
SHAREHOLDERS' FUNDS 16,679 11,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2024 and were signed on its behalf by:





S Torn - Director


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
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.

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 9,677 5,140
Prepaid expenses 9,682 8,441
19,359 13,581

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 3,465 3,171
Accrued expenses 930 930
4,395 4,101

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