Wheelers Yard Management Company Limited 13424030 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is that of residential property management. Digita Accounts Production Advanced 6.30.9574.0 true 13424030 2023-06-01 2024-05-31 13424030 2024-05-31 13424030 core:CurrentFinancialInstruments 2024-05-31 13424030 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 13424030 bus:SmallEntities 2023-06-01 2024-05-31 13424030 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 13424030 bus:FilletedAccounts 2023-06-01 2024-05-31 13424030 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13424030 bus:RegisteredOffice 2023-06-01 2024-05-31 13424030 bus:Director1 2023-06-01 2024-05-31 13424030 bus:Director2 2023-06-01 2024-05-31 13424030 bus:CompanyLimitedByGuarantee 2023-06-01 2024-05-31 13424030 bus:Agent1 2023-06-01 2024-05-31 13424030 countries:EnglandWales 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registration number: 13424030

Wheelers Yard Management Company Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Wheelers Yard Management Company Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Wheelers Yard Management Company Limited

Company Information

Directors

Mr David John Graves

Mr John Howard Perry

Registered office

Sheerdrop Penshurst Road
Bidborough
Tunbridge Wells
Kent
TN3 0XJ

Accountants

Charter Tax Consulting Limited 8th Floor
1 Southampton Street
London
WC2R 0LR

 

Wheelers Yard Management Company Limited

(Registration number: 13424030)
Balance Sheet as at 31 May 2024

Note

2024
£

Current assets

 

Debtors

4

2,300

Creditors: Amounts falling due within one year

5

(2,300)

Net assets/(liabilities)

 

-

Reserves

 

Surplus/(deficit)

 

-

For the financial year ending 31 May 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 February 2025 and signed on its behalf by:
 


Mr David John Graves
Director

 

Wheelers Yard Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Sheerdrop Penshurst Road
Bidborough
Tunbridge Wells
Kent
TN3 0XJ
England

These financial statements were authorised for issue by the Board on 21 February 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 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 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Trade debtors

Trade debtors are amounts due from customers for 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.

 

Wheelers Yard Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Trade creditors

Trade creditors are obligations to pay for 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.

3

Staff numbers

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

4

Debtors

Current

2024
£

Other debtors

2,300

 

2,300

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

612

Other creditors

1,688

2,300