Company registration number 02137311 (England and Wales)
CLARE MANAGEMENT COMPANY (1987) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CLARE MANAGEMENT COMPANY (1987) LIMITED
COMPANY INFORMATION
Directors
Mr C Wills
(Appointed 1 October 2024)
Mrs K Jones
(Appointed 18 October 2024)
Mrs J Linklater
(Appointed 4 November 2024)
Secretary
Leete Secretarial Services Limited
Company number
02137311
Registered office
119-120 High Street
Eton
Windsor
Berkshire
SL4 6AN
Accountants
Kirk Rice LLP
The Courtyard
High Street
Ascot
Berkshire
SL5 7HP
CLARE MANAGEMENT COMPANY (1987) LIMITED
CONTENTS
Page
Accountants' report
1
Income and expenditure account
2
Balance sheet and notes to the financial statements
3 - 4
CLARE MANAGEMENT COMPANY (1987) LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CLARE MANAGEMENT COMPANY (1987) LIMITED FOR THE YEAR ENDED 31 MARCH 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clare Management Company (1987) Limited for the year ended 31 March 2024, which comprise the income and expenditure account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Clare Management Company (1987) Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Clare Management Company (1987) Limited and state those matters that we have agreed to state to the Board of Directors of Clare Management Company (1987) Limited, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clare Management Company (1987) Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Clare Management Company (1987) Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Clare Management Company (1987) 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 financial statements of Clare Management Company (1987) 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 financial statements.
Kirk Rice LLP
25 March 2025
The Courtyard
High Street
Ascot
Berkshire
SL5 7HP
CLARE MANAGEMENT COMPANY (1987) LIMITED
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
2024
2023
£
£
Income
-
-
Other charges
(6,809)
Surplus/(deficit)
(6,809)
CLARE MANAGEMENT COMPANY (1987) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 3 -
2024
2023
£
£
£
£
Fixed assets
1,929
1,929
Creditors: amounts falling due within one year
(8,738)
(8,738)
Net current liabilities
(8,738)
(8,738)
Total assets less current liabilities
(6,809)
(6,809)
Net liabilities
(6,809)
(6,809)
Reserves
(6,809)
(6,809)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
Prior year adjustment
The carrying amount of the freehold property was overstated within the prior period. This has been corrected in the current year. The cumulative effect on retained earnings is £6,809
The company has not traded during the year or the preceding financial period. During this time the company received no income and incurred no expenditure and therefore no profit and loss account is presented in these financial statements.
Clare Management Company (1987) Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 119-120 High Street, Eton, Windsor, Berkshire, SL4 6AN.
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
CLARE MANAGEMENT COMPANY (1987) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 4 -
The financial statements were approved by the board of directors and authorised for issue on 25 March 2025 and are signed on its behalf by:
Mrs J Linklater
Director
Company registration number 02137311 (England and Wales)