Company registration number 04759105 (England and Wales)
NONINGTON COURT MANAGEMENT (ENGLAND) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
NONINGTON COURT MANAGEMENT (ENGLAND) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
NONINGTON COURT MANAGEMENT (ENGLAND) LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
150,000
150,000
Current assets
Debtors
4
47,674
44,205
Cash at bank and in hand
20,736
16,223
68,410
60,428
Creditors: amounts falling due within one year
5
(19,787)
(10,603)
Net current assets
48,623
49,825
Total assets less current liabilities
198,623
199,825
Creditors: amounts falling due after more than one year
6
(6,931)
(10,152)
Provisions for liabilities
(30,375)
(30,375)
Net assets
161,317
159,298
Reserves
Revaluation reserve
8
121,500
121,500
Income and expenditure account
39,817
37,798
Members' funds
161,317
159,298

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 29 October 2025 and are signed on its behalf by:
Mr D J Vernon
Director
Company Registration No. 04759105
NONINGTON COURT MANAGEMENT (ENGLAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

Nonington Court Management (England) Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 6 Osborne House, Portland Road, Hythe, Kent, CT21 6EG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Income and expenditure

Income represents service charges receivable from the leaseholders of the property known as Nonington Court, Sandwich Road, Dover, Kent. No VAT is due thereon.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

No depreciation is provided on freehold property.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

NONINGTON COURT MANAGEMENT (ENGLAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
9
10
NONINGTON COURT MANAGEMENT (ENGLAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
3
Tangible fixed assets
Freehold property
£
Cost or valuation
At 1 January 2024 and 31 December 2024
150,000
Depreciation and impairment
At 1 January 2024 and 31 December 2024
-
0
Carrying amount
At 31 December 2024
150,000
At 31 December 2023
150,000

Freehold property with a carrying amount of £150,000 were revalued on 1 June 2007 by John Bishop and Associates Chartered Surveyors, independent valuers not connected with the company on the basis of market value. The valuation conforms to International Valuation Standards and was based on recent market transactions on arm's length terms for similar properties.

4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Service charges due
42,769
42,017
Other debtors and prepayments
4,905
2,188
47,674
44,205
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loan
3,035
2,849
Other creditors and accruals
16,752
7,754
19,787
10,603
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loan
6,931
10,152
NONINGTON COURT MANAGEMENT (ENGLAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 5 -
7
Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

8
Revaluation reserve
2024
2023
£
£
At the beginning and end of the year
121,500
121,500
2024-12-31 2024-01-01 false false false CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr R B Aitken Mr S J Boffey Ms L Jones Ms C A Smith Mr A G Webster Mr S Clark Miss S L Sipek Mr D J Vernon J A Wigginton Mr A N Hewett 04759105 2024-01-01 2024-12-31 04759105 2024-12-31 04759105 2023-12-31 04759105 core:LandBuildings 2024-12-31 04759105 core:LandBuildings 2023-12-31 04759105 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 04759105 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 04759105 core:CurrentFinancialInstruments 2024-12-31 04759105 core:CurrentFinancialInstruments 2023-12-31 04759105 core:Non-currentFinancialInstruments 2024-12-31 04759105 core:Non-currentFinancialInstruments 2023-12-31 04759105 core:RevaluationReserve 2024-12-31 04759105 core:RevaluationReserve 2023-12-31 04759105 core:RetainedEarningsAccumulatedLosses 2024-12-31 04759105 core:RetainedEarningsAccumulatedLosses 2023-12-31 04759105 bus:Director8 2024-01-01 2024-12-31 04759105 bus:RegisteredOffice 2024-01-01 2024-12-31 04759105 2023-01-01 2023-12-31 04759105 core:LandBuildings 2023-12-31 04759105 bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 04759105 bus:FRS102 2024-01-01 2024-12-31 04759105 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04759105 bus:Director1 2024-01-01 2024-12-31 04759105 bus:Director2 2024-01-01 2024-12-31 04759105 bus:Director3 2024-01-01 2024-12-31 04759105 bus:Director4 2024-01-01 2024-12-31 04759105 bus:Director5 2024-01-01 2024-12-31 04759105 bus:Director6 2024-01-01 2024-12-31 04759105 bus:Director7 2024-01-01 2024-12-31 04759105 bus:Director9 2024-01-01 2024-12-31 04759105 bus:Director10 2024-01-01 2024-12-31 04759105 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04759105 bus:FullAccounts 2024-01-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP