Cottesmore Court Management Company Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01388412

COTTESMORE COURT MANAGEMENT COMPANY LIMITED

FILLETED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2025

COTTESMORE COURT MANAGEMENT COMPANY LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31st MARCH 2025

CONTENTS	PAGE

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	3

COTTESMORE COURT MANAGEMENT COMPANY LIMITED

OFFICERS AND PROFESSIONAL ADVISERS

The board of directors	S Adde
	M E Simpson
	G A Afshar
	L Milne-Tyte

Company secretary	Mrs L Milne-Tyte

Registered office	106-107 Dowgate Hill House
	14-16 Dowgate Hill
	London
	EC4R 2SU

Auditor	Colne Valley Business Services LLP t/a Cloke & Co
	Chartered Certified Accountants & statutory auditor
	106-107 Dowgate Hill House
	14-16 Dowgate Hill
	London
	EC4R 2SU

COTTESMORE COURT MANAGEMENT COMPANY LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	4	40,177	40,177
Investments	5	1	1
		--------	--------
		40,178	40,178

CURRENT ASSETS

Debtors	6	86,032	54,263
Cash at bank and in hand		12,847	30,404
		--------	--------
		98,879	84,667

CREDITORS: amounts falling due within one year	7	18,552		4,500
		--------		--------
NET CURRENT ASSETS			80,327	80,167
			---------	---------
TOTAL ASSETS LESS CURRENT LIABILITIES			120,505	120,345
			---------	---------
NET ASSETS			120,505	120,345
			---------	---------

CAPITAL AND RESERVES

Called up share capital	67	67
Profit and loss account	120,438	120,278
	---------	---------
SHAREHOLDERS FUNDS	120,505	120,345
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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 were approved by the board of directors and authorised for issue on 2 June 2025 , and are signed on behalf of the board by:

M E Simpson	G A Afshar
Director	Director

Company registration number: 01388412

COTTESMORE COURT MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31st MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 106-107 Dowgate Hill House, 14-16 Dowgate Hill, London, EC4R 2SU.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

BASIS OF PREPARATION

Following the issuing of Lessee Advisory Note 08/08 by the Association of Residential Managing Agents, the Board decided to adopt their recommendations regarding the treatment of service charge income and expenditure with effect from the accounts prepared for the year ended 31st March 2010.

OTHER OPERATING INCOME

The company derives income from the renting out of lockers, store rooms and garages owned by the company to tenants of the property. It also receives income from ground rents.

CONSOLIDATION

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the Company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying 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 if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

TANGIBLE ASSETS

Freehold property represents the reversionary interest in Cottesmore Court after the sale of long leases to the lessees. In the opinion of the directors, any depreciation of the buildings is immaterial.

INVESTMENTS

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

IMPAIRMENT OF FIXED ASSETS

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. TANGIBLE ASSETS

	Freehold property
	£
Cost
At 1st April 2024 and 31st March 2025	40,177
	--------
Carrying amount
At 31st March 2025	40,177
	--------
At 31st March 2024	40,177
	--------

5. INVESTMENTS

	Shares in group undertakings
	£
Cost
At 1st April 2024 and 31st March 2025	1
	----
Impairment
At 1st April 2024 and 31st March 2025	–
	----

Carrying amount
At 31st March 2025	1
	----
At 31st March 2024	1
	----

6. DEBTORS

	2025	2024
	£	£
Trade debtors	86,032	51,713
Amounts owed by group undertakings and undertakings in which the company has a participating interest	–	2,550
	--------	--------
	86,032	54,263
	--------	--------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	4,063	–
Amounts owed to group undertakings and undertakings in which the company has a participating interest	9,689	–
Other creditors	4,800	4,500
	--------	-------
	18,552	4,500
	--------	-------

8. SUMMARY AUDIT OPINION

The auditor's report dated 27 June 2025 was unqualified .

The senior statutory auditor was Jonathon D R Holt BA FCCA , for and on behalf of Colne Valley Business Services LLP t/a Cloke & Co .

9. RELATED PARTY TRANSACTIONS

In the opinion of the directors there is no ultimate controlling party. During the year the company received rent in the ordinary course of business from its subsidiary undertaking, Cottesmore Court (Garage) Limited amounting to £55,650 (2024 - £54,500). At the end of the year, the company owed its subsidiary undertaking £9,689; at the end of the previous year the company was owed by its subsidiary undertaking £2,550. A director of Cottesmore Court (Garage) Limited, is also a director of Cottesmore Court Management Company Limited.