Registration number:
The Courtyard Management Company Limited
For The Year Ended 31 August 2024
The Courtyard Management Company Limited
Contents
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
The Courtyard Management Company Limited
(Registration number: 01727811)
Balance Sheet as at 31 August 2024
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2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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The Courtyard Management Company Limited
Notes to the Unaudited Financial Statements For The Year Ended 31 August 2024
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
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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 service charges due from flat owners in the year.
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.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
With the exception of freehold land and buildings, depreciation is charged so as to write off the cost of assets over their estimated useful lives. Depreciation is not provided in respect of the company's freehold interest in the building at Tay Court as, in the opinion of the directors, the fair value is in excess of the carrying value.
Share capital
Ordinary shares are classified as equity.
The Courtyard Management Company Limited
Notes to the Unaudited Financial Statements For The Year Ended 31 August 2024
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Tangible assets |
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Land and buildings |
Total |
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Cost or valuation |
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At 1 September 2023 |
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At 31 August 2024 |
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Depreciation |
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Carrying amount |
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At 31 August 2024 |
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At 31 August 2023 |
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Included within the net book value of land and buildings above is £15,000 (2023 - £15,000) in respect of freehold land and buildings.
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Debtors |
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Current |
2024 |
2023 |
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Prepayments |
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Creditors |
Creditors: amounts falling due within one year
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2024 |
2023 |
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Due within one year |
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Other creditors |
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