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Registration number: 2291945

Greenbank Court Management Company (Nottingham) Limited

Unaudited Abridged Financial Statements

(Companies House version)

for the Year Ended 31 March 2024

 

Greenbank Court Management Company (Nottingham) Limited

Contents

Accountants' Report

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 5

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Greenbank Court Management Company (Nottingham) Limited
for the Year Ended 31 March 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Greenbank Court Management Company (Nottingham) Limited for the year ended 31 March 2024 as set out on pages 2 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Greenbank Court Management Company (Nottingham) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Greenbank Court Management Company (Nottingham) Limited and state those matters that we have agreed to state to the Board of Directors of Greenbank Court Management Company (Nottingham) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Greenbank Court Management Company (Nottingham) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Greenbank Court Management Company (Nottingham) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Greenbank Court Management Company (Nottingham) Limited. You consider that Greenbank Court Management Company (Nottingham) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Greenbank Court Management Company (Nottingham) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Page Kirk LLP
Chartered Accountants
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB

19 March 2025

 

Greenbank Court Management Company (Nottingham) Limited

(Registration number: 2291945)
Abridged Balance Sheet as at 31 March 2024

Note

2024

2023

   

£

£

£

£

Fixed assets

   

 

Tangible assets

4

 

100

 

100

Current assets

   

 

Debtors

2,423

 

720

 

Cash at bank and in hand

 

949

 

7,227

 

Prepayments

 

3,120

 

-

 

 

6,492

 

7,947

 

Creditors: Amounts falling due within one year

(3,210)

 

(3,485)

 

Net current assets

   

3,282

 

4,462

Net assets

   

3,382

 

4,562

Capital and reserves

   

 

Called up share capital

18

 

18

 

Profit and loss account

3,364

 

4,544

 

Total equity

   

3,382

 

4,562

 

Greenbank Court Management Company (Nottingham) Limited

(Registration number: 2291945)
Abridged Balance Sheet as at 31 March 2024

For the financial year ending 31 March 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.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) 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 19 March 2025 and signed on its behalf by:
 

.........................................
Mr J C Barnsdale
Director

 

Greenbank Court Management Company (Nottingham) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 Sidings Court
Doncaster
DN4 5NU
United Kingdom

The principal place of business is:
4 Sidings Court
Doncaster
DN4 5NU
United Kingdom

These financial statements were authorised for issue by the Board on 19 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.

Basis of preparation of financial statements

These financial statements were prepared under the historical cost convention in accordance with applicable United Kingdom accounting standards, including the Financial Reporting Standard 102 ('FRS 102') Section 1A small entities, and with the Companies Act 2006.

The company reflects all income and expenditure equally in the statutory accounts whether received as company transactions or incurred on trust on behalf of tenants.

Revenue recognition

The turnover shown in the income and expenditure account represents the recovery from the tenants of service charges, interest on delinquent service charge payments and other costs invoiced during the year on trust by the company.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Freehold land and buildings has now been written down to a nominal £100 and will not be subject to further writing down.

 

Greenbank Court Management Company (Nottingham) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

3

Staff numbers

During the year, the average number of employees and directors at the company was 2 (2023 - 3).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2023

2,996

2,996

At 31 March 2024

2,996

2,996

Depreciation

At 1 April 2023

2,896

2,896

At 31 March 2024

2,896

2,896

Carrying amount

At 31 March 2024

100

100

At 31 March 2023

100

100