EATON_COURT_(MULROY)_LIMI - Accounts

The notes on pages 2 to 3 form part of these financial statements.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 25 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Eaton Court (Mulroy) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Parsons Choice Property Management Ltd, Worcester Road, Wychbold, Droitwich, Worcestershire, England, WR9 0DF.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover represents amounts receivable in respect of service charges during the year.

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

The accounts include as land and building an amount capitalised in respect of the purchase of the freehold for the properties. The directors consider that the carrying amount fairly represents the value of the freehold and that any depreciation charge would be immaterial. Accordingly, no depreciation is charged on the freehold cost of the building.

Reserves

Reserves are represented by a share premium account, revenue reserves and a major repair service account. The major repair reserve account has been created to build up a fund for future significant major repairs.

The average number of directors in the year was 4 (2022 : 4)