ACCOUNTS - Final Accounts preparation

Registered number: 02548806

CRAWSHAY COURT (LANGLAND BAY) MANAGEMENT COMPANY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2026

CRAWSHAY COURT (LANGLAND BAY) MANAGEMENT COMPANY LIMITED

REGISTERED NUMBER: 02548806

BALANCE SHEET

AS AT 31 MARCH 2026

		2026		2025
Note		£		£


Current assets
Debtors: amounts falling due within one year	5	1,559		6,951
Cash at bank and in hand	6	21,391		23,445
		22,950		30,396
Creditors: amounts falling due within one year	7	(22,710)		(30,156)
Net current assets			240		240
Total assets less current liabilities			240		240

Net assets			240		240

Capital and reserves
Called up share capital	240	240
	240	240

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

P Osowicz

Director

Date: 22 June 2026

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CRAWSHAY COURT (LANGLAND BAY) MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Crawshay Court (Langland Bay) Management Company Limited is a private company, limited by shares registered in England and Wales. The company's registered number and registered office address are:

Registered Number: 02548806

Registered office address: 37 Walter Road
Swansea
SA1 5NW

The presentation currency of the financial statements is the Pound Sterling (£).

Monetary amounts in these financial statements are rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Turnover

Turnover represents the income necessary to meet the central costs of the property maintenance and is recognised evenly over the period to which it relates.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

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CRAWSHAY COURT (LANGLAND BAY) MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors which are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates in the period in which the estimate is revised if the revision only effects that period, or in the period of the revisions and future periods if the revision affects both current and future periods.

The following are the critical judgements that the directors have made in the process of applying the company's accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

Impairment of assets
Assets are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recongnised in the income statement.

Provisions and contingencies
Provisions are recognised when the company has a present obligation as a result of a past event and a reliable estimate can be made of a probable adverse outcome. Otherwise, material contingent liabilities are disclosed if an inflow of ecomomic beneifts is considered remote. Contingent assets are only disclosed if an inflow of economic benefits is possible.

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CRAWSHAY COURT (LANGLAND BAY) MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Employees

The average monthly number of employees, including directors, during the year was 0 (2025 - 0).

Debtors

					2026	2025
					£	£


Trade debtors	1,499	3,941
Other debtors	60	3,010
	1,559	6,951

6.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	21,391	23,445
	21,391	23,445

7.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	153	-
Other creditors	19,738	23,105
Accruals and deferred income	2,819	7,051
	22,710	30,156

8.	Directors Advances / Credits

The balance due to the director is £320 (2025: £320) at the balance sheet date. The director received Management fees of £2,000 (2025: £2,425) in the period. The balance is interest free and repayable on demand.

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