Presley Court Management Limited 10819978 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is management company Digita Accounts Production Advanced 6.30.9574.0 true true 10819978 2023-07-01 2024-06-30 10819978 2024-06-30 10819978 core:RetainedEarningsAccumulatedLosses 2024-06-30 10819978 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 10819978 bus:SmallEntities 2023-07-01 2024-06-30 10819978 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10819978 bus:FilletedAccounts 2023-07-01 2024-06-30 10819978 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10819978 bus:RegisteredOffice 2023-07-01 2024-06-30 10819978 bus:Director1 2023-07-01 2024-06-30 10819978 bus:CompanyLimitedByGuarantee 2023-07-01 2024-06-30 10819978 bus:Agent1 2023-07-01 2024-06-30 10819978 countries:England 2023-07-01 2024-06-30 10819978 2022-07-01 2023-06-30 10819978 2023-06-30 10819978 core:RetainedEarningsAccumulatedLosses 2023-06-30 10819978 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 10819978

Presley Court Management Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Presley Court Management Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 5

 

Presley Court Management Limited

Company Information

Director

H Ellicombe

Registered office

Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN

Accountants

MMO Limited
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Presley Court Management Limited
for the Year Ended 30 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Presley Court Management Limited for the year ended 30 June 2024 as set out on pages 3 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/regulation.

This report is made solely to the Board of Directors of Presley Court Management 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 Presley Court Management Limited and state those matters that we have agreed to state to the Board of Directors of Presley Court Management 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 Presley Court Management Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Presley Court Management 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 results of Presley Court Management Limited. You consider that Presley Court Management 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 Presley Court Management 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.

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

MMO Limited
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN

27 March 2025

 

Presley Court Management Limited

(Registration number: 10819978)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Creditors: Amounts falling due within one year

4

(1,219)

(1,219)

Reserves

 

Retained earnings

(1,219)

(1,219)

Deficit

 

(1,219)

(1,219)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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.

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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 March 2025
 

.........................................
H Ellicombe
Director

 

Presley Court Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a company limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN
England

These financial statements were authorised for issue by the director on 27 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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

All figures are presented in British Sterling, which is the functional currency of the company, and are rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Presley Court Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

1,219

1,219