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REGISTERED NUMBER: 03339126 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

THE COOPERAGE MANAGEMENT COMPANY LTD

THE COOPERAGE MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 03339126)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th September 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


THE COOPERAGE MANAGEMENT COMPANY LTD

COMPANY INFORMATION
for the Year Ended 30th September 2024







DIRECTOR: P W Bigge





SECRETARY: P W Bigge





REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 03339126 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

THE COOPERAGE MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 03339126)

REPORT OF THE DIRECTOR
for the Year Ended 30th September 2024

The director presents his report with the financial statements of the company for the year ended 30th September 2024.

DIRECTOR
P W Bigge held office during the whole of the period from 1st October 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





P W Bigge - Director


16th May 2025

THE COOPERAGE MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 03339126)

INCOME STATEMENT
for the Year Ended 30th September 2024

30/9/24 30/9/23
Notes £    £   

INCOME 44,165 41,570

Service charge expenditure 55,069 47,195
OPERATING LOSS (10,904 ) (5,625 )

Interest receivable and similar income 240 104
LOSS BEFORE TAXATION (10,664 ) (5,521 )

Tax on loss 4 - 76
LOSS FOR THE FINANCIAL YEAR (10,664 ) (5,597 )

THE COOPERAGE MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 03339126)

BALANCE SHEET
30th September 2024

30/9/24 30/9/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 1,639 1,639

CURRENT ASSETS
Debtors 6 57,121 33,455

CREDITORS
Amounts falling due within one year 7 25,618 17,150
NET CURRENT ASSETS 31,503 16,305
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,142

17,944

PROVISIONS FOR LIABILITIES 8 33,109 17,911
NET ASSETS 33 33

CAPITAL AND RESERVES
Called up share capital 9 33 33
SHAREHOLDERS' FUNDS 33 33

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 profit or loss 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 have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 16th May 2025 and were signed by:



P W Bigge - Director


THE COOPERAGE MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 03339126)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th September 2024

1. STATUTORY INFORMATION

The Cooperage Management Company Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
During the year,the company recived monies, as agent, from lessees in respect of service charges and related income, which are held on trust and do not comprise turnover.

Tangible fixed assets
Freehold land and buildings are included in these financial statements at director's valuation which reflects diminution in value due to the granting of leases. For this reason the director considers that it is inappropriate to charge depreciation on the remaining value of the freehold land and buildings. Furthermore, the director considers the residential value of the freehold land and buildings in fifty years time would not be less that its current value.

Presentation of the income statement
The presentation of the Income Statement on page 3 has been modified from the prescribed format for Company accounts in order to provide more information to lessees and other parties who may be interested in the expenditure incurred in the management of the property.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

30/9/24 30/9/23
£    £   
Director's remuneration - -

4. TAXATION

Analysis of the tax charge
The tax charge on the loss for the year was as follows:
30/9/24 30/9/23
£    £   
Current tax:
UK corporation tax - 76
Tax on loss - 76

THE COOPERAGE MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 03339126)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th September 2024

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1st October 2023
and 30th September 2024 1,639
NET BOOK VALUE
At 30th September 2024 1,639
At 30th September 2023 1,639

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors 4,863 5,032
Sundry Debtors - 96
Service charge deficit 12,484 1,820
Bank Balances held by Managing Agents 28,235 17,639
Prepayments 11,539 8,868
57,121 33,455

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade creditors 23,469 15,322
Tax - 76
Accrued expenses 2,149 1,752
25,618 17,150

8. PROVISIONS FOR LIABILITIES
30/9/24 30/9/23
£    £   
Other provisions
Reserve Fund for Future Maintenance 5,389 17,911
SSC Fund 27,720 -
33,109 17,911

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/9/24 30/9/23
value: £    £   
33 Ordinary shares £1 33 33

THE COOPERAGE MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 03339126)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th September 2024

10. RESERVES
Retained
earnings
£   

Deficit for the year (10,664 )
Transfer (to)/from Service Charge
Account

10,664

At 30th September 2024 -

11. RELATED PARTY DISCLOSURES

The company is a mutual trading company and as such received income in the form of service charge from residents, some of who are directors of the company. Service charges payable by the directors are on the same basis as for all the other residents. No other transactions with related parties were undertaken such as required to be disclosed under the FRS 102.