Deans Farm Management Company Ltd

(Registration number: 03004595)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Current assets
Debtors	4	766	1,991
Cash at bank and in hand		62,147	49,283
		62,913	51,274
Creditors: Amounts falling due within one year	5	(13,297)	(7,275)
Net assets		49,616	43,999
Capital and reserves
Called up share capital		1,751	1,751
Other reserves		42,248	46,478
Property and maintenance fund		5,617	(4,230)
Shareholders' funds		49,616	43,999

For the financial year ending 31 December 2024 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income and expenditure account.

Approved and authorised by the Board on 18 June 2025 and signed on its behalf by:
 

D H Jeffries Director

Deans Farm Management Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
20 Deans Farm
The Causeway
Caversham
Reading
Berkshire
RG4 5JZ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Turnover

Turnover represents the account service charges receivable in the year for thirty-five properties, to the sum of £480 per property.

Tax

The Company is afforded a non-profit making status for corporation tax purposes and as such no taxation provision is applicable on accounting surpluses. The Company is liable to tax on its interest received.

Property and maintenance fund

The excess of contributions from residents for the maintenance of the property over the actual expenditure in any year is carried forward as a reserve for future major repair work.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

Deans Farm Management Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

4

Debtors

Current	2024 £	2023 £
Trade debtors	766	1,991
	766	1,991

5

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	860	1,144
Accruals and deferred income	12,437	6,131
	13,297	7,275