| REGISTERED NUMBER: |
| RICHMOND COURT (LUTON) MANAGEMENT |
| COMPANY LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| REGISTERED NUMBER: |
| RICHMOND COURT (LUTON) MANAGEMENT |
| COMPANY LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| RICHMOND COURT (LUTON) MANAGEMENT |
| COMPANY LIMITED (REGISTERED NUMBER: 00987834) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 December 2024 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| RICHMOND COURT (LUTON) MANAGEMENT |
| COMPANY LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 December 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 5 Imperial Court |
| Laporte Way |
| Luton |
| Bedfordshire |
| LU4 8FE |
| RICHMOND COURT (LUTON) MANAGEMENT |
| COMPANY LIMITED (REGISTERED NUMBER: 00987834) |
| STATEMENT OF FINANCIAL POSITION |
| 31 December 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Reserve fund | 7 |
| 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 |
| RICHMOND COURT (LUTON) MANAGEMENT |
| COMPANY LIMITED (REGISTERED NUMBER: 00987834) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| Richmond Court (Luton) Management Company Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound. |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Income recognition |
| Income represents amounts receivable for service charges and reserve fund contributions and is recognised when due. Service charge and reserve fund contributions fall due half yearly in advance. Other charges are recognised when advised or on receipt. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Arrears of management charges |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Service charges paid in |
| advance | 3,108 | 1,081 |
| Service charges billed in |
| advance | - | 24,867 |
| Tax |
| Other creditors |
| Due to leaseholders | 4,538 | 1,234 |
| Accrued expenses |
| RICHMOND COURT (LUTON) MANAGEMENT |
| COMPANY LIMITED (REGISTERED NUMBER: 00987834) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 December 2024 |
| 7. | RESERVES |
| Income |
| and |
| expenditure | Reserve |
| account | fund | Totals |
| £ | £ | £ |
| At 1 January 2024 | 27,490 |
| Surplus for the year |
| Transfer to reserves | (8,100 | ) | 8,100 | - |
| Due (to) / from leaseholders | (3,304 | ) | - | (3,304 | ) |
| At 31 December 2024 | 35,590 |