Registered number
02403826
Maple Court (East Bower) Management Company Limited
Filleted Accounts
30 June 2025
Maple Court (East Bower) Management Company Limited
Registered number: 02403826
Balance Sheet
as at 30 June 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 10,800 10,800
Current assets
Debtors 4 22 39
Cash at bank and in hand 63,937 45,300
63,959 45,339
Creditors: amounts falling due within one year 5 (25,326) (7,404)
Net current assets 38,633 37,935
Net assets 49,433 48,735
Capital and reserves
General reserve 7 7,560 7,560
Internal Redecoration reserve 8 - -
External Redecoration reserve 9 30,000 30,000
Profit and loss account 11,873 11,175
Shareholder's funds 49,433 48,735
Number Number
Average number of employees 0 0
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S C Abel
Director
Approved by the board on 21 August 2025
Maple Court (East Bower) Management Company Limited
Notes to the Accounts
for the year ended 30 June 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 July 2024 10,800
At 30 June 2025 10,800
Depreciation
At 30 June 2025 -
Net book value
At 30 June 2025 10,800
At 30 June 2024 10,800
4 Debtors 2025 2024
£ £
Trade debtors - 17
Other debtors 22 22
22 39
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 3,326 7,404
Other creditors 22,000 -
25,326 7,404
6 Freehold Loan repayment reserve 2025 2024
£ £
At 1 July 2024 - 1,200
Transfer - (1,200)
At 30 June 2025 - -
7 General reserve 2025 2024
£ £
At 1 July 2024 7,560 33,896
Gain on revaluation of land and buildings - -
Transfer - (26,336)
At 30 June 2025 7,560 7,560
8 Internal Redecoration reserve 2025 2024
£ £
At 1 July 2024 - -
Gain on revaluation of land and buildings - -
Transfer - -
At 30 June 2025 - -
9 External Redecoration reserve 2025 2024
£ £
At 1 July 2024 30,000 15,000
Gain on revaluation of land and buildings - -
Transfer - 15,000
At 30 June 2025 30,000 30,000
10 Other information
Maple Court (East Bower) Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
47 High Street
Bridgwater
Somerset
TA6 3BG
11 Client money
The amount shown in the bank account in the Company accounts is the money held on trust for the tenants.
12 Agents remuneration
No remuneration was paid to the Agent for works carried out in relation to their property.
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