Kimberley Close Man Co Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 02173923 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 23 JUNE 2023

FOR

KIMBERLEY CLOSE MANAGEMENT

COMPANY LIMITED

DIRECTORS:

Mr G W Stephens

Miss J Buckley

Ms S M Willoughby

Miss S C Thompson

Ms S C Adye

SECRETARY:

B-Hive Company Secretarial Services Limited

REGISTERED OFFICE:

94 Park Lane

Croyden

Surrey

CR0 1JB

REGISTERED NUMBER:

02173923 (England and Wales)

ACCOUNTANTS:

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

FIXED ASSETS

Tangible assets

4

1,497

1,497

CURRENT ASSETS

Debtors

5

120

-

Cash at bank

576

396

696

396

CREDITORS

Amounts falling due within one year

6

2,589

1,871

NET CURRENT LIABILITIES

(1,893

)

(1,475

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(396

)

22

CAPITAL AND RESERVES

Called up share capital

7

8

8

Retained earnings

8

(404

)

14

SHAREHOLDERS' FUNDS

(396

)

22

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 23 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 23 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2024 and were signed on its behalf by:

Miss J Buckley - Director

1.	STATUTORY INFORMATION

Kimberley Close 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 represents ground rent invoiced during the year.

Tangible fixed assets

All fixed assets are initially recorded at cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

Freehold

property

£

COST

At 24 June 2022

and 23 June 2023

1,497

NET BOOK VALUE

At 23 June 2023

1,497

At 23 June 2022

1,497

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Ground rent due

120

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Ground rent in advance

1

60

Due to service charge accounts

2,486

1,721

Accruals and deferred income

102

90

2,589

1,871

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

8

Ordinary

£1

8

8

8.

RESERVES

Retained

earnings

£

At 24 June 2022

14

Deficit for the year

(418

)

At 23 June 2023

(404

)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kimberley Close Management Company Limited for the year ended 23 June 2023 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Kimberley Close Management Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kimberley Close Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Kimberley Close Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kimberley Close Management Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Kimberley Close Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Kimberley Close Management Company Limited. You consider that Kimberley Close Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kimberley Close Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

18 March 2024