Norcote Lodge Management Company Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 01890535 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Norcote Lodge Management Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Smith

Mrs A Deutsch

Mrs M Gross

Mrs M Smullen

D M Billington

SECRETARY:

D M Billington

REGISTERED OFFICE:

5 Norcote Lodge

Old Town Lane

Formby

Liverpool

Merseyside

L37 3HP

REGISTERED NUMBER:

01890535 (England and Wales)

ACCOUNTANTS:

Harding & Humphries

5 Victoria Buildings

Victoria Road

Freshfield

Liverpool

Merseyside

L37 7DB

CURRENT ASSETS

Debtors

5

239

161

Cash at bank

9,779

1,406

10,018

1,567

CREDITORS

Amounts falling due within one year

6

4,120

476

NET CURRENT ASSETS

5,898

1,091

TOTAL ASSETS LESS CURRENT LIABILITIES

5,898

1,091

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

5,892

1,085

SHAREHOLDERS' FUNDS

5,898

1,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 18 May 2023 and were signed on its behalf by:

D M Billington - Director

J Smith - Director

1.	STATUTORY INFORMATION

Norcote Lodge 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

100% on cost in year of acquisition

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2022

and 31 March 2023

3,110

DEPRECIATION

At 1 April 2022

and 31 March 2023

3,110

NET BOOK VALUE

At 31 March 2023

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Other debtors

239

161

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Other creditors

4,120

476