IRIS Accounts Production
v25.1.0.734
03339126
director
1.10.23
30.9.24
30.9.24
the management, on a non-profit making basis, of The Cooperage Estate, in Nottingham.
0
0
false
true
false
false
true
false
0
0
Ordinary shares
1.00000
iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033391262023-09-30033391262024-09-30033391262023-10-012024-09-30033391262022-09-30033391262022-10-012023-09-30033391262023-09-3003339126ns15:EnglandWales2023-10-012024-09-3003339126ns14:PoundSterling2023-10-012024-09-3003339126ns10:Director12023-10-012024-09-3003339126ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3003339126ns10:SmallEntities2023-10-012024-09-3003339126ns10:AuditExemptWithAccountantsReport2023-10-012024-09-3003339126ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3003339126ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3003339126ns10:FullAccounts2023-10-012024-09-3003339126ns10:OrdinaryShareClass12023-10-012024-09-3003339126ns10:CompanySecretary12023-10-012024-09-3003339126ns10:RegisteredOffice2023-10-012024-09-3003339126ns5:CurrentFinancialInstruments2024-09-3003339126ns5:CurrentFinancialInstruments2023-09-3003339126ns5:ShareCapital2024-09-3003339126ns5:ShareCapital2023-09-3003339126ns5:LandBuildings2023-09-3003339126ns5:LandBuildings2024-09-3003339126ns5:LandBuildings2023-09-3003339126ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3003339126ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3003339126ns10:OrdinaryShareClass12024-09-3003339126ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-3003339126ns5:RetainedEarningsAccumulatedLosses2024-09-30
| REGISTERED NUMBER: 03339126 (England and Wales) |
| REPORT OF THE DIRECTOR AND |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
| THE COOPERAGE MANAGEMENT COMPANY LTD |
| Notes to the Financial Statements |
5 |
|
|
REGISTERED OFFICE: |
Ossington Chambers |
|
REGISTERED NUMBER: |
03339126 (England and Wales) |
|
ACCOUNTANTS: |
Stephenson Nuttall & Co |
| The director presents his report with the financial statements of the company for the year ended 30th September 2024. |
| 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. |
| 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 |
) |
|
| LOSS FOR THE FINANCIAL YEAR |
(10,664 |
) |
(5,597 |
) |
|
| Tangible assets |
5 |
1,639 |
|
1,639 |
|
|
| 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 |
|
|
| 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: |
|
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. |
|
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. |
|
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. |
| 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). |
|
Director's remuneration |
- |
|
- |
|
|
|
Analysis of the tax charge |
|
The tax charge on the loss for the year was as follows: |
|
and 30th September 2024 |
1,639 |
|
|
|
At 30th September 2024 |
1,639 |
|
|
|
At 30th September 2023 |
1,639 |
|
|
| 6. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
Trade debtors |
4,863 |
|
5,032 |
|
|
|
Service charge deficit |
12,484 |
|
1,820 |
|
|
|
Bank Balances held by Managing Agents |
28,235 |
|
17,639 |
|
|
| 7. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
Trade creditors |
23,469 |
|
15,322 |
|
|
|
Accrued expenses |
2,149 |
|
1,752 |
|
|
| 8. |
PROVISIONS FOR LIABILITIES |
|
Reserve Fund for Future Maintenance |
5,389 |
|
17,911 |
|
|
| 9. |
CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
|
Number: |
Class: |
Nominal |
30/9/24 |
|
30/9/23 |
|
33 |
Ordinary shares |
£1 |
33 |
|
33 |
|
|
|
Deficit for the year |
(10,664 |
) |
|
|
Transfer (to)/from Service Charge Account |
10,664 |
|
|
| 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. |