Sails (Dartmouth) Management Company Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 09349410

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	1,140		5,749
Cash at bank and in hand		147		1,722

		1,287		7,471
Creditors: Amounts Falling Due Within One Year	5	(396 )		(685 )

NET CURRENT ASSETS (LIABILITIES)			891		6,786

TOTAL ASSETS LESS CURRENT LIABILITIES			891		6,786

NET ASSETS			891		6,786

RESERVES
Other reserves			6,000		6,000
Income and Expenditure Account			(5,109 )		786

MEMBERS' FUNDS			891		6,786

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

Ms Simone Walton

Director

29/09/2025

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

1. General Information

Sails (Dartmouth) Management Company Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 09349410 . The registered office is Sails Apartments, College Way, Dartmouth, Devon, TQ6 9DQ.

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.

3. Average Number of Employees

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

4. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	-	5,749
Other debtors	1,140	-

	1,140	5,749

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Accruals and deferred income	396	685

The communal electricity charged in the 2020 accounts consists of £1,000 for 2020 and the balance is accumulated communal electricity for the previous 5 years when the meter was not read.

6. 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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