REGISTERED NUMBER: 02663139 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ADWOOD COURT (THATCHAM) MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

D Goddard

SECRETARY:

HC Block & Estate Management Ltd

REGISTERED OFFICE:

386 Finchampstead Road

Finchampstead

Wokingham

RG40 3LA

REGISTERED NUMBER:

02663139 (England and Wales)

ACCOUNTANTS:

C B Heslop And Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

4

32,128

32,128

CURRENT ASSETS

Debtors

5

2,890

5,125

Cash at bank

14,585

8,134

17,475

13,259

CREDITORS

Amounts falling due within one year

6

2,356

587

NET CURRENT ASSETS

15,119

12,672

TOTAL ASSETS LESS CURRENT LIABILITIES

47,247

44,800

RESERVES

Income and expenditure account

7

47,247

44,800

47,247

44,800

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2025 and were signed by:

D Goddard - Director

1.	STATUTORY INFORMATION

Adwood Court (Thatcham) 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents amounts invoiced to the tenants in respect of communal expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

On 20 March 2013 the company acquired the freehold of the property for a consideration of £32,128.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

804

2,743

Other debtors

2,086

2,382

2,890

5,125

Debtors Notes:

2024

2023

£

£

Trade Debtors - Service Charges

804

2,743

Other debtors - Prepaid Insurance

2,086

2,382

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

2,356

587

Creditors Notes:

2024

2023

£

£

Unpaid invoices at the year end

1,771

-

Accountancy Accrual

585

587

Total

2,356

587

7.

RESERVES

Income

and

expenditure

account

£

At 1 January 2024

44,800

Surplus for the year

2,447

At 31 December 2024

47,247

The income and expenditure reserve represents the surplus/deficit due to/from members.

8.	CONTINGENT LIABILITIES

There were no contingent liabilities as at the Balance Sheet date 31st December 2024 or 31st December 2023.

9.	RELATED PARTY DISCLOSURES

The company derives its income from its members and incurs all expenses on behalf of and for the ultimate benefit of those members. All transactions are therefore considered to be related party transactions.

10.	LIMITED BY GUARANTEE

The company is limited by guarantee and as such does not have a share capital. In the event of the company winding-up the members will contribute a maximum of £50 each to the assets of the company.