| Witham Court Management Company Limited |
| Registered number: |
02264846 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
15,188 |
|
|
14,784 |
| Cash at bank and in hand |
|
|
34,911 |
|
|
38,919 |
|
|
|
50,099 |
|
|
53,703 |
|
| Creditors: amounts falling due within one year |
4 |
|
(2,182) |
|
|
(4,338) |
|
| Net current assets |
|
|
|
47,917 |
|
|
49,365 |
|
| Total assets less current liabilities |
|
|
|
47,917 |
|
|
49,365 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(12,600) |
|
|
(12,600) |
|
|
|
| Net assets |
|
|
|
35,317 |
|
|
36,765 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
42 |
|
|
42 |
| Reserve fund |
6 |
|
|
35,275 |
|
|
36,723 |
|
| Shareholders' funds |
|
|
|
35,317 |
|
|
36,765 |
|
|
|
|
|
|
|
|
| The director is 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 director acknowledges her 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 service charge account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Eleanor Broughton |
| Director |
| Approved by the board on 25 September 2025 |
|
| Witham Court Management Company Limited |
| Notes to the Accounts |
| for the year ended 31 December 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 is measured at the fair value of the consideration received or receivable, net of discounts. Income includes revenue earned from the rendering of services. Income from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Service charges due |
5,025 |
|
6,195 |
|
Other debtors |
10,163 |
|
8,589 |
|
|
|
|
|
|
15,188 |
|
14,784 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade creditors |
66 |
|
- |
|
Service charges paid in advance |
1,091 |
|
1,857 |
|
Other creditors |
1,025 |
|
2,481 |
|
|
|
|
|
|
2,182 |
|
4,338 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Other creditors |
12,600 |
|
12,600 |
|
Other creditors are refundable deposits received from tenants |
|
| 6 |
Reserve fund |
2024 |
|
2023 |
| £ |
£ |
|
|
At 1 January 2024 |
36,723 |
|
39,456 |
|
Transfer (to)/from Income and Expenditure account |
(1,448) |
|
(2,733) |
|
|
At 31 December 2024 |
35,275 |
|
36,723 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Witham Court Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit 14a, Annwood Lodge Business Park |
|
Arterial Road |
|
Rayleigh |
|
Essex |
|
SS6 7UA |