Company registration number 06545289 (England and Wales)
CUCKOO'S NEST (CHESTER) MANAGEMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
CUCKOO'S NEST (CHESTER) MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CUCKOO'S NEST (CHESTER) MANAGEMENT COMPANY LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,000
1,000
Current assets
Debtors
5
330
778
Cash at bank and in hand
3,236
3,592
3,566
4,370
Creditors: amounts falling due within one year
6
(798)
(1,476)
Net current assets
2,768
2,894
Net assets
3,768
3,894
Capital and reserves
Called up share capital
7
11
11
Revaluation reserve
1,000
1,000
Profit and loss reserves
2,757
2,883
Total equity
3,768
3,894
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 30 April 2025 and are signed on its behalf by:
Mr J H Fairhurst
Director
Company registration number 06545289 (England and Wales)
CUCKOO'S NEST (CHESTER) MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
Cuckoo's Nest (Chester) Management Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Champion Allwoods Limited, 2nd Floor Refuge House, 33-37 Watergate Row, Chester, CH1 2LE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties . The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents the value of management charges applied during the year.
1.3
Tangible fixed assets
Freehold of the site is included at market value.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
CUCKOO'S NEST (CHESTER) MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
4
Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2024 and 31 March 2025
1,000
Depreciation and impairment
At 1 April 2024 and 31 March 2025
Carrying amount
At 31 March 2025
1,000
At 31 March 2024
1,000
The directors had the freehold of the site valued by a firm of surveyors and a value of £1,000 was placed on it at 31 March 2014. The directors consider this value unchanged at 31 March 2025. The freehold of the site had previously been gifted to the company in 2008.
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
330
778
6
Creditors: amounts falling due within one year
2025
2024
£
£
Accruals and deferred income
798
1,476
7
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
11 Ordinary Shares of £1 each
11
11