Raleigh Court Management Company (WSM) Ltd - Period Ending 2023-03-31

Raleigh Court Management Company (WSM) Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 4

Raleigh Court Management Company (WSM) Ltd

Company Information

Directors

M J Branfield Mrs M J Guile

Company secretary

Mrs E L B Hunter

Registered office

C/O Saturley Garner & Co Limited The Hive Beaufighter Road Weston-super-Mare Somerset BS24 8EE

Accountants

Four Fifty Partnership Chartered Accountants 34 Boulevard Weston-super-Mare Somerset BS23 1NF

Raleigh Court Management Company (WSM) Ltd

(Registration number: 01022656)
Balance Sheet as at 31 March 2023

	2023 £	2022 £
Reserves
Surplus/(deficit)	-	-

For the financial year ending 31 March 2023 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 Profit and Loss Account.

Approved and authorised by the Board on 21 December 2023 and signed on its behalf by:
 

......................................... Mrs M J Guile Director

Raleigh Court Management Company (WSM) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1	General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

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.

The company was dormant throughout the current year and previous year.

The presentational currency is that of pound sterling (£).

Contractual commitments

The company contracts with third parties in its own name for the supply of services to the property for maintenance of the common parts in accordance with the terms of the lease. At 31 March 2023 the company had not entered into any non-cancellable contractual commitments. (2022 - Non-contractual commitment to the sum of £Nil).

Raleigh Court Management Company (WSM) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

2	Accounting policies (continued)

Residential property trust

The company has no income or expenditure in its own right. All transactions in the year relate to the maintenance of the common parts in accordance with the lease. Income and expenditure arising from these transactions are shown in separate service charge accounts for the property, they do not form part of the annual accounts of the company and are not filed at Companies House. All service charges monies received from the residents of the property are held on trust for the residents. As at the balance sheet date, the monies held in trust for future maintenance of the aforementioned property amount to £13,393 (2022 - £15,625).

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).