Courtlands Way Management Company Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 02864468 (England and Wales)

COURTLANDS WAY MANAGEMENT COMPANY

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 24 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

4

DIRECTORS:

R Smith

A Henley

SECRETARY:

REGISTERED OFFICE:

33 Courtlands Way

Ravenhill

Swansea

SA5 5DQ

REGISTERED NUMBER:

02864468 (England and Wales)

ACCOUNTANTS:

Bevan Buckland LLP

Chartered Accountants

Ground Floor Cardigan House

Castle Court

Swansea Enterprise Park

Swansea

SA7 9LA

CURRENT ASSETS

Debtors

4

846

1,340

Cash at bank

24,130

20,378

24,976

21,718

CREDITORS

Amounts falling due within one year

5

10,343

10,269

NET CURRENT ASSETS

14,633

11,449

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,633

11,449

CAPITAL AND RESERVES

Called up share capital

6

Retained earnings

14,627

11,443

SHAREHOLDERS' FUNDS

14,633

11,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 24 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 24 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

R Smith - Director

1.	STATUTORY INFORMATION

Courtlands Way Management Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents a monthly maintenance charge to cover the costs of each property.

Cash at bank and cash in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors and provisions.

Creditors and provisions are recognised where the company has a present obligation (legal and constructive) resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Functional and Presentation Currency

The company's functional and presentation currency is pounds sterling.

Financial instruments (Basic only)

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

Trade debtors

846

1,340

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

Other creditors

10,343

10,269

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, directors of the company were charged management fees of £1,125.00 (2023: £900) each.

7.	FREEHOLD LAND

The company owns the freehold land of Courtlands Way (title number: WA556903), which was acquired at no consideration in 1994.

The management company is in place to ensure the service charge is collected.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Courtlands Way Management Company Limited for the period ended 24 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Courtlands Way Management Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Courtlands Way Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Courtlands Way Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Courtlands Way Management Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Courtlands Way Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Courtlands Way Management Company Limited. You consider that Courtlands Way Management Company Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Courtlands Way Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bevan Buckland LLP

Chartered Accountants

Ground Floor Cardigan House

Castle Court

Swansea Enterprise Park

Swansea

SA7 9LA

9 December 2025