REGISTERED NUMBER: |
Report of the Directors and |
Financial Statements |
for the Year Ended 31 December 2024 |
for |
Wyckham House (Oxted) Management |
Company Limited |
REGISTERED NUMBER: |
Report of the Directors and |
Financial Statements |
for the Year Ended 31 December 2024 |
for |
Wyckham House (Oxted) Management |
Company Limited |
Wyckham House (Oxted) Management |
Company Limited (Registered number: 07601331) |
Contents of the Financial Statements |
for the Year Ended 31 December 2024 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
Wyckham House (Oxted) Management |
Company Limited |
Company Information |
for the Year Ended 31 December 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Coval Hall |
Rainsford Road |
Chelmsford |
Essex |
CM1 2QF |
Wyckham House (Oxted) Management |
Company Limited (Registered number: 07601331) |
Report of the Directors |
for the Year Ended 31 December 2024 |
The directors present their report with the financial statements of the company for the year ended 31 December 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of to manage and maintain the estate known as "Wyckham House" comprising of 14 flats, parking spaces and curtilage thereof situated at 2 Station Approach, Oxted, RH8 9EW. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report. |
Other changes in directors holding office are as follows: |
AUDITORS |
No Auditors have been appointed, since the Company has taken advantage of the exemption which allows it, as a small company, to dispense with an audit and will continue to do so, unless 10% of the members give notice requesting one, not later than one month before the relevant year end. |
FIXED ASSETS |
The Company owns no fixed assets at the present time. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
Wyckham House (Oxted) Management |
Company Limited (Registered number: 07601331) |
Income Statement |
for the Year Ended 31 December 2024 |
2024 | 2023 |
Notes | £ | £ |
TURNOVER |
Administrative expenses | ( |
) | ( |
) |
(2,909 | ) | (6,609 | ) |
Other operating income |
OPERATING LOSS and |
LOSS BEFORE TAXATION | ( |
) | ( |
) |
Tax on loss | 4 |
LOSS FOR THE FINANCIAL YEAR | ( |
) | ( |
) |
Wyckham House (Oxted) Management |
Company Limited (Registered number: 07601331) |
Balance Sheet |
31 December 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Prepayments and accrued income |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | 7 |
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 |
Wyckham House (Oxted) Management |
Company Limited (Registered number: 07601331) |
Notes to the Financial Statements |
for the Year Ended 31 December 2024 |
1. | STATUTORY INFORMATION |
Wyckham House (Oxted) Management Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on the accruals basis. |
Turnover |
Turnover represents net invoiced service charge contributions from occupiers, excluding value added tax. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TAXATION |
Service charge monies are held on trust in accordance with section 42, Landlord and Tenant Act 1987. |
Interest earned on service charge monies held on deposit is paid gross. |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Contributions in Advance |
Accrued Expenses |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £100 | 1,400 | 1,400 |
Wyckham House (Oxted) Management |
Company Limited (Registered number: 07601331) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2024 |
7. | RESERVES |
Retained |
earnings |
£ |
At 1 January 2024 |
Deficit for the year | ( |
) |
At 31 December 2024 |
A general reserve has been established to provide funds in order to pay for major repairs which are expected to arise in the future. |
Any shortfall in these funds resulting from expenditure incurred will be charged to the Income and Expenditure Account in that year. |