2 2 Moat Farm Barns Management Company Ltd 05203433 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Residents Property Management Digita Accounts Production Advanced 6.30.9574.0 true 05203433 2023-10-01 2024-09-30 05203433 2024-09-30 05203433 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 05203433 bus:SmallEntities 2023-10-01 2024-09-30 05203433 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 05203433 bus:AbridgedAccounts 2023-10-01 2024-09-30 05203433 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05203433 bus:RegisteredOffice 2023-10-01 2024-09-30 05203433 bus:Director1 2023-10-01 2024-09-30 05203433 bus:Director6 2023-10-01 2024-09-30 05203433 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05203433 countries:UnitedKingdom 2023-10-01 2024-09-30 05203433 2022-10-01 2023-09-30 05203433 2023-09-30 05203433 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 xbrli:pure iso4217:GBP

Registration number: 05203433

Moat Farm Barns Management Company Ltd

trading as Moat Farm Barns Management Company Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 30 September 2024

 

(Registration number: 05203433)
Abridged Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

18,197

20,382

Prepayments and accrued income

 

202

195

Creditors: Amounts falling due within one year

(280)

(280)

Total assets less current liabilities

 

18,119

20,297

Accruals and deferred income

 

(600)

(561)

Net assets

 

17,519

19,736

Capital and reserves

 

Retained earnings

17,519

19,736

Shareholders' funds

 

17,519

19,736

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

Directors' 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 directors acknowledge their 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 provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 14 April 2025 and signed on its behalf by:
 

 

(Registration number: 05203433)
Abridged Balance Sheet as at 30 September 2024

.........................................
Mr Graham Stuart Howe
Director

.........................................
Mr Roger Charles Clements
Director

 

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Little Mead
Hollingdon
Buckinghamshire
LU7 0DN
United Kingdom

The principal place of business is:
5 Moat Farm Barns
Marston Moretaine
Bedford
Bedfordshire
MK43 0PE
United Kingdom

These financial statements were authorised for issue by the Board on 14 April 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 abridged 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 abridged 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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.