Crosshall Gardens Management Limited
Registered number: 06584589
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 1,351 367
Cash at bank and in hand 8,592 7,154
9,943 7,521
Creditors: amounts falling due within one year 4 (2,988) (1,692)
Net current assets 6,955 5,829
Net assets 6,955 5,829
Capital and reserves
Reserve fund for major works 5 5,550 4,424
Income and expenditure account 1,405 1,405
Participators' funds 6,955 5,829
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 income and expenditure account has not been delivered to the Registrar of Companies.
K Horn
Director
Approved by the board on 11 September 2025
Crosshall Gardens Management Limited
Notes to the Accounts
for the year ended 30 September 2024
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).
Income
Income relates to contributions from residents at Mangrove Park, Mangrove Road, Hertford, Hertfordshire.
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Maintenance charges in arrears 994 68
Other debtors 357 299
1,351 367
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 2,988 1,692
5 Reserve fund for major works 2024 2023
£ £
At 1 October 2023 4,424 3,798
Transfer from income and expenditure account 1,126 626
At 30 September 2024 5,550 4,424
See breakdown below
6 House - major works reserve 2024 2023
£ £
At 1 October 2023 382 69
Transfer from income and expenditure account 313 313
695 382
7 Tree works reserve 2024 2023
£ £
At 1 October 2023 1,000 1000
Transfer from income and expenditure account 500 -
1,500 1,000
8 Houses using access road - road maintenance reserve 2024 2023
£ £
At 1 October 2023 3,042 2729
Transfer from income and expenditure account 313 313
3,355 3,042
9 Controlling party
The directors do not believe there to be an ultimate controlling party.
10 Other information
Crosshall Gardens Management Limited is a private company limited by guarantee and incorporated in England. Its registered office is:
Saxon House,
6a St. Andrew Street,
Hertford,
Hertfordshire,
SG14 1JA
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