COMPANY REGISTRATION NUMBER:
5890669
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HATFIELD COURT MANAGEMENT (BARE) LTD |
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Company Limited by Guarantee |
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FILLETED UNAUDITED FINANCIAL STATEMENTS |
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HATFIELD COURT MANAGEMENT (BARE) LTD |
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COMPANY LIMITED BY GUARANTEE |
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STATEMENT OF FINANCIAL POSITION |
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31 March 2026
FIXED ASSETS
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Tangible assets |
5 |
|
1,000 |
1,000 |
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CURRENT ASSETS
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Cash at bank and in hand |
21,007 |
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15,339 |
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CREDITORS: amounts falling due within one year |
6 |
6,085 |
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3,267 |
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-------- |
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-------- |
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NET CURRENT ASSETS |
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14,922 |
12,072 |
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-------- |
-------- |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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15,922 |
13,072 |
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-------- |
-------- |
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NET ASSETS |
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15,922 |
13,072 |
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-------- |
-------- |
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CAPITAL AND RESERVES
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Profit and loss account |
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15,922 |
13,072 |
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-------- |
-------- |
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MEMBERS FUNDS |
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15,922 |
13,072 |
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-------- |
-------- |
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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 March 2026 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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
6 July 2026
, and are signed on behalf of the board by:
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Mrs E A Stephenson |
Mrs L M Nicholson |
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Director |
Director |
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Company registration number:
5890669
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HATFIELD COURT MANAGEMENT (BARE) LTD |
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COMPANY LIMITED BY GUARANTEE |
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NOTES TO THE FINANCIAL STATEMENTS |
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YEAR ENDED 31 MARCH 2026
1.
GENERAL INFORMATION
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 20 Mannin Way, Lancaster Business Patk, Caton Road, Lancaster, LA1 3SW.
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.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Equipment |
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33% straight line |
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4.
COMPANY LIMITED BY GUARANTEE
Hatfield Court (Bare) Ltd is a Company limited by guarantee and not having a share capital. As such the liability of the members is limited. Every member of the Company undertakes to contribute such amount as may be required ( not exceeding £1) to the Company's assets if it should be wound up while they are a member or within one year after they cease to be a member, for the payment of the Company's debts and liabilities contracted before they cease to me a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves. of the guarantee of members including liability of members in case of winding up.
5.
TANGIBLE ASSETS
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Land and buildings |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2025 and 31 March 2026 |
1,000 |
308 |
1,308 |
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------- |
---- |
------- |
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Depreciation |
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At 1 April 2025 and 31 March 2026 |
– |
308 |
308 |
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------- |
---- |
------- |
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Carrying amount |
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At 31 March 2026 |
1,000 |
– |
1,000 |
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------- |
---- |
------- |
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At 31 March 2025 |
1,000 |
– |
1,000 |
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------- |
---- |
------- |
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6.
CREDITORS:
amounts falling due within one year
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Accruals and deferred income |
485 |
467 |
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Contributions received in advance |
5,600 |
2,800 |
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------- |
------- |
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6,085 |
3,267 |
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------- |
------- |
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7.
RELATED PARTY TRANSACTIONS
The company was under the joint control of the Company Directors throughout the current and previous year. The Directors Mrs Stephenson and Mrs Nicholson are members and contribute equally along with the other members of the company to cover the joint company costs. No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standards.