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COMPANY REGISTRATION NUMBER: 08806627

Tailors Court Management Ltd

Company Limited by Guarantee

Filleted Unaudited Financial Statements

For the year ended

31 December 2024

Tailors Court Management Ltd

Company Limited by Guarantee

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £ | £ | £

Current assets

Debtors | 5 | 33,601 |  | 27,917 |
Cash at bank and in hand | 90 |  | 5 |
| -------- |  | -------- |
| 33,691 |  | 27,922 |

Creditors: amounts falling due within one year | 6 | 1,114 |  | 1,095 |
| -------- |  | -------- |
Net current assets |  | 32,577 |  | 26,827
|  | -------- |  | --------
Total assets less current liabilities |  | 32,577 |  | 26,827
|  | -------- |  | --------
Net assets |  | 32,577 |  | 26,827
|  | -------- |  | --------

Capital and reserves

Profit and loss account |  | 32,577 |  | 26,827
|  | -------- |  | --------
Members funds |  | 32,577 |  | 26,827
|  | -------- |  | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Tailors Court Management Ltd

Company Limited by Guarantee

Statement of Financial Position (continued)

31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 14 October 2025 , and are signed on behalf of the board by:

Mr S J Whaley
Director

Company registration number: 08806627

Tailors Court Management Ltd

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 2024
1. General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Lyndhurst, Silver Street, Goole, Whitley, DN14 0JG.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.
Revenue recognition
Revenue is recognised in accordance with the agreement entered into by the owners of each individual dwelling within the building.
Financial instruments
Financial instruments are classified as accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Company limited by guarantee
The company is limited by guarantee and has no share capital. Under its Memorandum of Association the liability of each member is limited to £1.
5. Debtors

| 2024 | 2023
| £ | £
Other debtors | 33,601 | 27,917
| -------- | --------

6. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Trade creditors | 546 | 548
Other creditors | 568 | 547
| ------- | -------
| 1,114 | 1,095
| ------- | -------

7. Related party transactions
The company charged Cyrus Developments Ltd, a director of the company, management charges totalling £15,892 in the year. During the year loans were made available by the company to a company which is also a director. At 31 December 2024, the total balance outstanding on this loan was £ 33,601 (2023: £27,917). No interest is charged on the loans in the period and the balances are repayable on demand.