| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30th September 2024 |
| for |
| RUNSHAW HALL MANAGEMENT COMPANY LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30th September 2024 |
| for |
| RUNSHAW HALL MANAGEMENT COMPANY LIMITED |
| RUNSHAW HALL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 07255235) |
| Contents of the Financial Statements |
| for the Year Ended 30th September 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| RUNSHAW HALL MANAGEMENT COMPANY LIMITED |
| Company Information |
| for the Year Ended 30th September 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 41 St Thomas's Road |
| Chorley |
| Lancashire |
| PR7 1JE |
| RUNSHAW HALL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 07255235) |
| Balance Sheet |
| 30th September 2024 |
| 30.9.24 | 30.9.23 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Capital redemption reserve |
| Income and expenditure account |
| 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 |
| RUNSHAW HALL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 07255235) |
| Notes to the Financial Statements |
| for the Year Ended 30th September 2024 |
| 1. | STATUTORY INFORMATION |
| Runshaw Hall Management Company Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Revenue recognition |
| Turnover represents maintenance charges receivable in respect of communal expenditure in the ordinary course of business. Value added tax is not charged thereon. |
| Tangible fixed assets |
| Plant and machinery | - |
| Impairment of assets |
| At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss. |
| If an impairment subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is immediately recognised in profit or loss. |
| Cash and cash equivalents |
| Cash and cash equivalents includes cash in hand, deposits held with banks, and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities. |
| Financial instruments |
| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments. |
| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. |
| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
| RUNSHAW HALL MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 07255235) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30th September 2024 |
| 3. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| £ |
| COST |
| At 1st October 2023 |
| and 30th September 2024 |
| DEPRECIATION |
| At 1st October 2023 |
| Charge for year |
| At 30th September 2024 |
| NET BOOK VALUE |
| At 30th September 2024 |
| At 30th September 2023 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.9.24 | 30.9.23 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments and accrued income |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.9.24 | 30.9.23 |
| £ | £ |
| Trade creditors |
| Accruals and deferred income |
| 6. | SHARE CAPITAL |
| The company is limited by guarantee and does not have a share capital. The liability of each member is limited to £1 on the winding up of the company. |