Thornlea (Darlington) Management Company Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 03219200

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1		1

			1		1
CURRENT ASSETS
Debtors	5	2,153		2,153
Cash at bank and in hand		5,943		16,334

		8,096		18,487
Creditors: Amounts Falling Due Within One Year	6	(420 )		(450 )

NET CURRENT ASSETS (LIABILITIES)			7,676		18,037

TOTAL ASSETS LESS CURRENT LIABILITIES			7,677		18,038

NET ASSETS			7,677		18,038

Income and Expenditure Account			7,677		18,038

MEMBERS' FUNDS			7,677		18,038

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Mr G J Monk

Director

22 September 2025

The notes on page 2 form part of these financial statements.

1. General Information

Thornlea (Darlington) Management Company Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 03219200 . The registered office is 80 Borough Road, Middlesbrough, TS1 2JN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents amounts chargeable in respect of Ground Rents receivable and Management Charges.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 January 2024	1

As at 31 December 2024	1

Net Book Value
As at 31 December 2024	1

As at 1 January 2024	1

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	500	500
Other debtors	1,653	1,653

	2,153	2,153

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	420	450

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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