Axford Court Management Limited - Accounts to registrar (filleted) - small 23.1

REGISTERED NUMBER: 02967320 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

AXFORD COURT MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P A Craycraft

REGISTERED OFFICE:

12 Conqueror Court

Sittingbourne

Kent

ME10 5BH

REGISTERED NUMBER:

02967320 (England and Wales)

ACCOUNTANTS:

Williams Giles Professional Services Ltd

12 Conqueror Court

Sittingbourne

Kent

ME10 5BH

FIXED ASSETS

Tangible assets

4

44

46

CURRENT ASSETS

Debtors

5

393

453

Cash at bank

12,274

8,869

12,667

9,322

CREDITORS

Amounts falling due within one year

6

3,319

3,181

NET CURRENT ASSETS

9,348

6,141

TOTAL ASSETS LESS CURRENT LIABILITIES

9,392

6,187

CAPITAL AND RESERVES

Called up share capital

7

7

Retained earnings

9,385

6,180

SHAREHOLDERS' FUNDS

9,392

6,187

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 director acknowledges his 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 director and authorised for issue on 25 July 2023 and were signed by:

P A Craycraft - Director

1.	STATUTORY INFORMATION

Axford Court Management 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or from the rendering of services.

Turnover represents net ground rent arising at the beginning of each month.

Tangible fixed assets

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

Freehold property

-

2% on cost

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2022

and 31 March 2023

100

DEPRECIATION

At 1 April 2022

54

Charge for year

2

At 31 March 2023

56

NET BOOK VALUE

At 31 March 2023

44

At 31 March 2022

46

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

140

210

Other debtors

253

243

393

453

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Other creditors

3,319

3,181