Registration number:
Moreton Place (Chertsey) Management Company Limited
(A company limited by guarantee)
for the Year Ended 31 December 2024
Moreton Place (Chertsey) Management Company Limited
Directors' Report for the Year Ended 31 December 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
The company is responsible for the administration of variable service charges as agents of the statutory trust for the lessees of the freehold property.
The company has no income or expenditure in its own right, all transactions in the year being related to the maintenance of the common parts in accordance with the lease. Service charges collected are held in trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provision of Section 42 of the Landlord and Tenant Act 1987.
Director of the company
The director who held office during the year was as follows:
The following directors were appointed after the year end:
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved and authorised by the
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Moreton Place (Chertsey) Management Company Limited
(Registration number: 03448700)
Statement of Financial Position as at 31 December 2024
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2024 |
2023 |
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Reserves |
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Surplus/(deficit) |
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For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
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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. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Moreton Place (Chertsey) Management Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
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General information |
The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £25 towards the assets of the company in the event of liquidation.
The address of its registered office is:
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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 except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
The company is the beneficial owner of the freehold land relating to 1-4 and 40-45 Twynersh Avenue, Chertsey. No valuation is included in these accounts as no consideration was paid.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was