| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2024 |
| for |
| Greyfriars Court RTM Company Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2024 |
| for |
| Greyfriars Court RTM Company Limited |
| Greyfriars Court RTM Company Limited (Registered number: 06323425) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Report of the Accountants | 5 |
| Greyfriars Court RTM Company Limited |
| Company Information |
| for the Year Ended 31 December 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 22 Grange Road |
| Ramsgate |
| Kent |
| CT11 9LR |
| Greyfriars Court RTM Company Limited (Registered number: 06323425) |
| Balance Sheet |
| 31 December 2024 |
| 31.12.24 | 31.12.23 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| RESERVES |
| Income and expenditure account | 6 |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Greyfriars Court RTM Company Limited (Registered number: 06323425) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| Greyfriars Court RTM Company Limited 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. |
| Taxation |
| This is a property management company formed for the benefit of the owners of the flats and as such is not |
| liable to tax. |
| Service Charges are raised to collect funds to pay for insurance and repairs etc affecting all the flats. |
| Reserves |
| Income received in the year exceeded expenditure by £13,446, resulting in funds of £48,416 available towards future expenditure. |
| Furthermore the Provision for Liabilities of £2,787 has now been identified as prepayments for Insurances in earlier accounts and as such is now transferred to Reserves, resulting in this fund now totalling £51,204. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Greyfriars Court FH Ltd |
| Fees raised - in arrears | 16,996 | 18,497 |
| Prepayments |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Accrued expenses |
| Greyfriars Court RTM Company Limited (Registered number: 06323425) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 6. | RESERVES |
| Income |
| and |
| expenditure |
| account |
| £ |
| At 1 January 2024 |
| Surplus for the year |
| Other Provisions transferred | 2,787 |
| At 31 December 2024 |
| Greyfriars Court RTM Company Limited |
| Report of the Accountants to the Directors of |
| Greyfriars Court RTM Company Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on page nil and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 22 Grange Road |
| Ramsgate |
| Kent |
| CT11 9LR |
| Date: ............................................. |