Registration number:
Camden Court Residents Management Ltd
for the
Year Ended 31 March 2025
Camden Court Residents Management Ltd
Contents
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Company Information |
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Profit and Loss Account and Statement of Retained Earnings |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Camden Court Residents Management Ltd
Company Information
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Directors |
Mrs J Lambert Mrs R E Date Miss H L May Mr K Goodley |
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Company secretary |
Miss H L May |
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Registered office |
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Solicitors |
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Accountants |
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Camden Court Residents Management Ltd
Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 March 2025
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Note |
2025 |
2024 |
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Turnover |
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Administrative expenses |
( |
( |
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Operating profit/(loss) |
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( |
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Other interest receivable and similar income |
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307 |
42 |
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Profit/(loss) before tax |
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( |
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Taxation |
( |
- |
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Profit/(loss) for the financial year |
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( |
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Retained earnings brought forward |
44,114 |
54,781 |
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Retained earnings carried forward |
47,145 |
44,114 |
Camden Court Residents Management Ltd
(Registration number: 02519947)
Balance Sheet as at 31 March 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' funds |
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For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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• |
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Camden Court Residents Management Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention.
The financial statements are presented in sterling, which is the functional currency of the company, and rounded to the nearest £1.
Revenue recognition
Turnover represents management charges and ground rents levied during the year.
Tax
The tax expense for the period comprises current tax.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the Uk, which is the country in which the company operates and generates taxable income.
There is no tax charged on the operating activities of the company as these are covered by the principle of mutuality. Corporation tax is chargeable on the interest received by the company at the rate of 19%.
Tangible assets
Tangible assets are stated in the statement of financial position at cost. These consist of the company's freehold property of Camden Court, Camden Road, Brecon.
Depreciation
No depreciation is provided in respect of the company's freehold property which is stated at its cost price of £1.
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Asset class |
Depreciation method and rate |
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Freehold property |
Nil |
Camden Court Residents Management Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits.
Trade debtors
Trade debtors are amounts due from tenants for ground rent and service charges.
Trade debtors are stated at the transaction value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.
Trade creditors are stated at the transaction value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash received .
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Tangible assets |
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Land and buildings |
Total |
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Cost or valuation |
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At 1 April 2024 |
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At 31 March 2025 |
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Depreciation |
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Carrying amount |
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At 31 March 2025 |
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At 31 March 2024 |
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Included within the net book value of land and buildings above is £1 (2024 - £1) in respect of freehold land and buildings.
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Debtors |
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Current |
2025 |
2024 |
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- |
- |
Camden Court Residents Management Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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Creditors |
Creditors: amounts falling due within one year
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2025 |
2024 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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- |
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Accruals and deferred income |
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