| REGISTERED NUMBER: |
| OAK TREE DRIVE (WESTCROFT) MANAGEMENT |
| COMPANY LTD |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| REGISTERED NUMBER: |
| OAK TREE DRIVE (WESTCROFT) MANAGEMENT |
| COMPANY LTD |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| OAK TREE DRIVE (WESTCROFT) MANAGEMENT |
| COMPANY LTD (REGISTERED NUMBER: 12101514) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| OAK TREE DRIVE (WESTCROFT) MANAGEMENT |
| COMPANY LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| West Lodge |
| Rainbow Street |
| Leominster |
| Herefordshire |
| HR6 8DQ |
| OAK TREE DRIVE (WESTCROFT) MANAGEMENT |
| COMPANY LTD (REGISTERED NUMBER: 12101514) |
| BALANCE SHEET |
| 31 JULY 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Income and expenditure account | 6 |
| MEMBERS' FUNDS |
| The directors acknowledge their 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 surplus or deficit 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 were approved by the Board of Directors and authorised for issue on |
| OAK TREE DRIVE (WESTCROFT) MANAGEMENT |
| COMPANY LTD (REGISTERED NUMBER: 12101514) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 1. | STATUTORY INFORMATION |
| Oak Tree Drive (Westcroft) Management Company Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Residents contributions are based upon the year commencing from the 1st April annually. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Residents contributions due |
| Prepayments and accrued income |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Residents contributions received in advance |
| Accruals and deferred income |
| OAK TREE DRIVE (WESTCROFT) MANAGEMENT |
| COMPANY LTD (REGISTERED NUMBER: 12101514) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 6. | RESERVES |
| Income |
| and |
| expenditure |
| account |
| £ |
| Surplus for the year |
| At 31 July 2024 |
| The company does not trade with a view to making a profit but is establishing an appropriate level of reserves to fund future maintenance costs. |
| 7. | LIMITED BY GUARANTEE |
| The liability of each member is limited to £1, being the amount that each member undertakes to contribute to the assets of the company in the event of its being wound up while he/she is a member or within on year after he/she cease to be a member. |