REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 |
FOR |
SELWYN COURT (AYLESBURY) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 |
FOR |
SELWYN COURT (AYLESBURY) LIMITED |
SELWYN COURT (AYLESBURY) LIMITED (REGISTERED NUMBER: 01288805) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Report of the Accountants | 5 |
SELWYN COURT (AYLESBURY) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 JUNE 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
30 High Street |
Wendover |
Buckinghamshire |
HP22 6EA |
SELWYN COURT (AYLESBURY) LIMITED (REGISTERED NUMBER: 01288805) |
BALANCE SHEET |
30 JUNE 2024 |
30.6.24 | 30.6.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Prepayments and accrued income |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
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 |
SELWYN COURT (AYLESBURY) LIMITED (REGISTERED NUMBER: 01288805) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2024 |
1. | STATUTORY INFORMATION |
Selwyn Court (Aylesbury) Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents service charges and ground rent due by the members, exclusive of value added tax. |
Depreciation |
Tangible fixed assets consist of a freehold property which is stated at cost and is not depreciated. Fixtures and fittings are depreciated at 25% on a straight line basis. Property improvements are depreciated on a straight line basis over 25 years. |
Members' guarantee |
The company is limited by guarantee. There are 87 members who have each guaranteed £1 in the event of winding up. The company does not have a share capital. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 July 2023 |
and 30 June 2024 |
DEPRECIATION |
At 1 July 2023 |
Charge for year |
At 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 June 2023 |
SELWYN COURT (AYLESBURY) LIMITED (REGISTERED NUMBER: 01288805) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.24 | 30.6.23 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.24 | 30.6.23 |
£ | £ |
Trade creditors |
Other creditors |
7. | CONTINGENT LIABILITIES |
The company had no contingent liabilities at the balance sheet date (2023 : Nil). |
8. | CAPITAL COMMITMENTS |
30.6.24 | 30.6.23 |
£ | £ |
Contracted but not provided for in the |
financial statements |
9. | RELATED PARTY DISCLOSURES |
During the year, the company provided an 2.5% per annum. The maximum loan including interest was £33,492 (2023 : £35,732) and the balance outstanding at 30 June 2024 was £33,492 (2023 : £30,781). The loan is repayable on demand and in any event by instalments at the rate of a minimum of £550 per month.. A further advance was made during the year of £9,374. |
10. | ULTIMATE CONTROLLING PARTY |
The company is controlled by the lessees in General Meeting. |
SELWYN COURT (AYLESBURY) LIMITED |
REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
SELWYN COURT (AYLESBURY) LIMITED |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2024 set out on pages three to seven and you consider that the company is exempt from an audit. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Chartered Accountants |
30 High Street |
Wendover |
Buckinghamshire |
HP22 6EA |