Registered number
03046156
The Moorings (Myton Road, Leamington Spa) Management Company
Report and Service Charge Accounts
31 December 2024
A Company Limited by Guarantee
The Moorings (Myton Road, Leamington Spa) Management Company
Company Information
Directors
Mr N P W Miller
Mr J D Abbott
Mrs C Dunlop
Secretary
Exclusive Property Management Limited
Accountants
Accountancy Admin Limited
Seren Y Mor
Stad Gwastadgoed Isaf
Llwyngwril
Gwynedd
LL37 2LA
Registered office
Six Olton Bridge
245 Warwick Road
Solihull
West Midlands
B92 7AH
Registered number
03046156
The Moorings (Myton Road, Leamington Spa) Management Company
Registered number: 03046156
Directors' Report
The directors present their report and accounts for the year ended 31 December 2024.
Principal activities
The company's principal activity during the year continued to be management and administration, on a non profit basis, of property communal areas.
Directors
The following persons served as directors during the year:
Mr N P W Miller
Mr J D Abbott
Mrs C Dunlop
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 7 April 2025 and signed by its order.
Exclusive Property Management Limited
Secretary
The Moorings (Myton Road, Leamington Spa) Management Company
Accountants' Report
Accountants' report to the directors of
The Moorings (Myton Road, Leamington Spa) Management Company
You consider that the company is exempt from an audit for the year ended 31 December 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We do not express an opinion as to the adequacy of the Reserve Funds. Subject to the above, in our opinion the Income and Expenditure account is a true and fair view of the service charge accounts and is sufficiently supported by accounts,receipts and other documents which have been produced to us.
Accountancy Admin Limited
Accountants
Llwyngwril
Gwynedd
7 April 2025
The Moorings (Myton Road, Leamington Spa) Management Company
Registered number: 03046156
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £ £ £
Fixed assets
Tangible assets 3 - -
Current assets
Debtors 4 11,411 11,475
Cash at bank and in hand 184,374 192,484
195,785 203,959
Creditors: amounts falling due within one year 5 (35,058) (25,028)
Net current assets 160,727 178,931
Net assets 160,727 178,931
Capital and reserves
Lifts Reserve Fund for Major Works 6 33,782 25,573
General Reserve Fund for Major Works 7 126,945 153,358
Property funds 160,727 178,931
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income and expenditure account has not been delivered to the Registrar of Companies.
Mr N P W Miller
Director
Approved by the board on 7 April 2025
The Moorings (Myton Road, Leamington Spa) Management Company
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the invoiced value of Service charges recharged to owners.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 31 December 2024 18,928
Depreciation
At 1 January 2024 18,928
At 31 December 2024 18,928
Net book value
At 31 December 2024 -
At 31 December 2023 -
4 Debtors 2024 2023
£ £
Resident Service Charge Arrears 2,749 2,973
Prepayments 8,662 8,502
11,411 11,475
5 Creditors: amounts falling due within one year 2024 2023
£ £
Residents Service Charge Balances - Credits 17,095 20,534
Accrued Costs 17,963 4,494
35,058 25,028
6 Lifts Reserve Fund for Major Works 2024 2023
£ £
At 1 January 2024 25,573 18,571
Surplus for the year 8,209 7,002
At 31 December 2024 33,782 25,573
7 General Reserve Fund for Major Works 2024 2023
£ £
At 1 January 2024 153,358 140,071
(Deficit)/surplus for the year (26,413) 13,287
At 31 December 2024 126,945 153,358
8 Related party transactions
The company derives its income from the property owners.Some of the directors are owners and therefore enter into transactions with the company in the form of service charges to the company.

All such transactions are conducted on the same terms as transactions with other shareholders, and on an arms length basis.
9 Other information
The Moorings (Myton Road, Leamington Spa) Management Company is a private company limited by guarantee and is incorporated in England. Its registered office is:
Six Olton Bridge
245 Warwick Road
Solihull
West Midlands
B92 7AH
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