REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 30 June 2024 |
for |
St. James's Court (Harrow) |
Management Company Limited |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 30 June 2024 |
for |
St. James's Court (Harrow) |
Management Company Limited |
St. James's Court (Harrow) |
Management Company Limited (Registered number: 02582160) |
Contents of the Financial Statements |
for the Year Ended 30 June 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
St. James's Court (Harrow) |
Management Company Limited |
Company Information |
for the Year Ended 30 June 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Suite 301 |
Stanmore Business and Innovation Centre |
Howard Road |
Stanmore |
Middlesex |
HA7 1FW |
St. James's Court (Harrow) |
Management Company Limited (Registered number: 02582160) |
Statement of Financial Position |
30 June 2024 |
2024 | 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Members' capital contribution |
to land & buildings | 7 |
Members' reserve fund | 7 |
Income and expenditure account | 7 |
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 surplus or deficit 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 |
St. James's Court (Harrow) |
Management Company Limited (Registered number: 02582160) |
Notes to the Financial Statements |
for the Year Ended 30 June 2024 |
1. | STATUTORY INFORMATION |
St. James's Court (Harrow) Management Company Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Income |
The company's income is attributable to the principal activity of the company, being contributions received from members for the management and administration of the property at St James's Court, Gayton Road, Harrow, Middlesex, HA1 2LX. |
Tangible fixed assets |
The land and buildings represents a freehold reversionary interest of the above property from which ground rents are derived and is stated at cost. |
The freehold interest is not depreciated. This is a departure from the Companies Act 2006 in order to show a true and fair view. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 July 2023 |
and 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 June 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Due from managing agent | 19,916 | 15,847 |
Due from leaseholders | 1,450 | 4,529 |
Prepayments & accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other creditors |
Accruals & deferred income |
St. James's Court (Harrow) |
Management Company Limited (Registered number: 02582160) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2024 |
7. | RESERVES |
Members' |
Income | capital |
and | contribution | Members' |
expenditure | to land & | reserve |
account | buildings | fund | Totals |
£ | £ | £ | £ |
At 1 July 2023 | 36,794 |
Surplus for the year |
Contributions received |
during the year | - | - | 2,400 | 2,400 |
Utilised during the year - |
building repairs | - | - | (1,960 | ) | (1,960 | ) |
At 30 June 2024 | 37,684 |
8. | MEMBERS |
The company is limited by guarantee and does not have share capital. The membership of the company is limited to the long leaseholders and in the event of winding-up the liability of its members is limited to an amount not exceeding £1 per member. |