| KEEPIER WHARF MANAGEMENT COMPANY LIMITED |
| Registered number: |
02109138 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
4,179 |
|
|
368 |
| Cash at bank and in hand |
|
|
154,352 |
|
|
187,527 |
|
|
|
158,531 |
|
|
187,895 |
|
| Creditors: amounts falling due within one year |
4 |
|
(8,112) |
|
|
(8,255) |
|
| Net current assets |
|
|
|
150,419 |
|
|
179,640 |
|
| Net assets |
|
|
|
150,419 |
|
|
179,640 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
240 |
|
|
240 |
| Reserve fund |
5 |
|
|
152,656 |
|
|
204,350 |
| Service Charge (deficit) |
(2,477) |
|
|
(24,950) |
|
| Shareholders' funds |
|
|
|
150,419 |
|
|
179,640 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income and expenditure account has not been delivered to the Registrar of Companies. |
|
|
|
|
| M Mardi |
| Director |
| Approved by the board on 22 December 2025 |
|
| KEEPIER WHARF MANAGEMENT COMPANY LIMITED |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
The service charge income is recognised in accordance with the budgeted amount charge to lessees. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
No liability to UK corporation tax arises on the activities of the company as it is a mutual trading company. It is subject to income tax at the trust rate on its interest income, which is stated net of income tax. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Prepayments |
|
|
|
|
3,336 |
|
- |
|
Other debtors |
843 |
|
368 |
|
|
|
|
|
|
4,179 |
|
368 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade creditors |
1,765 |
|
- |
|
Taxation and social security costs |
388 |
|
628 |
|
Accruals and provisions |
1,200 |
|
6,856 |
|
Sundry creditors |
649 |
|
771 |
|
Other creditors |
4,110 |
|
- |
|
|
|
|
|
|
8,112 |
|
8,255 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Reserve Fund |
2024 |
|
2023 |
| £ |
£ |
|
Reserve fund balance brought forward |
204,350 |
|
204,350 |
|
Transfer to reserve |
(24,950) |
|
- |
|
Reserve fund expenditure |
(26,744) |
|
- |
|
|
|
|
|
|
|
152,656 |
|
204,350 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Controlling party |
|
|
There is no overall controlling party. |
|
|
| 7 |
Other information |
|
|
KEEPIER WHARF MANAGEMENT COMPANY LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
C/O Managing Estates Ltd Riverside House |
|
River Lane |
|
Saltney |
|
Cheshire |
|
CH4 8RQ |