Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04293948 Mr I Hough iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04293948 2023-12-31 04293948 2024-12-31 04293948 2024-01-01 2024-12-31 04293948 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04293948 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 04293948 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04293948 frs-bus:SmallEntities 2024-01-01 2024-12-31 04293948 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04293948 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04293948 frs-bus:Director1 2024-01-01 2024-12-31 04293948 frs-countries:EnglandWales 2024-01-01 2024-12-31 04293948 2022-12-31 04293948 2023-12-31 04293948 2023-01-01 2023-12-31 04293948 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04293948
Millhey Court Management Company Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Guy Payne & Co
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 04293948
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 38,829 25,684
38,829 25,684
Creditors: Amounts Falling Due Within One Year 4 (334 ) (313 )
NET CURRENT ASSETS (LIABILITIES) 38,495 25,371
TOTAL ASSETS LESS CURRENT LIABILITIES 38,495 25,371
NET ASSETS 38,495 25,371
Income and Expenditure Account 38,495 25,371
MEMBERS' FUNDS 38,495 25,371
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
Mr I Hough
Director
22nd April 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Millhey Court Management Company Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 04293948 . The registered office is Sherlock House, 6 Manor Road, Wallasey, Wirral, CH45 5JB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Statutory Trust
A statutory trust is imposed over service charge monies received under Section 42 of the Landlord and Tenant Act 1987, the residential management company acts as a trustee in this capacity. Additionally, the closing balance of cashand other assets are held in trust by the residential management company.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 334 313
5. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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