REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 |
FOR |
ROCKINGHAM COURT MANAGEMENT COMPANY |
LIMITED |
REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 |
FOR |
ROCKINGHAM COURT MANAGEMENT COMPANY |
LIMITED |
ROCKINGHAM COURT MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 05389833) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31st December 2022 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
ROCKINGHAM COURT MANAGEMENT COMPANY |
LIMITED |
COMPANY INFORMATION |
for the Year Ended 31st December 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Ossington Chambers |
6-8 Castle Gate |
Newark |
Nottinghamshire |
NG24 1AX |
ROCKINGHAM COURT MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 05389833) |
REPORT OF THE DIRECTORS |
for the Year Ended 31st December 2022 |
The directors present their report with the financial statements of the company for the year ended 31st December 2022. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1st January 2022 to the date of this report. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
ROCKINGHAM COURT MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 05389833) |
INCOME STATEMENT |
for the Year Ended 31st December 2022 |
31/12/22 | 31/12/21 |
Notes | £ | £ |
INCOME |
Service charge expenditure |
OPERATING DEFICIT | ( |
) | ( |
) |
Interest receivable and similar income |
DEFICIT BEFORE TAXATION | ( |
) | ( |
) |
Tax on deficit | 4 |
DEFICIT FOR THE FINANCIAL YEAR | ( |
) | ( |
) |
ROCKINGHAM COURT MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 05389833) |
BALANCE SHEET |
31st December 2022 |
31/12/22 | 31/12/21 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
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 surplus or deficit 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 were approved by the Board of Directors and authorised for issue on |
ROCKINGHAM COURT MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 05389833) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31st December 2022 |
1. | STATUTORY INFORMATION |
Rockingham Court Management Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Income |
During the year the company received from lessees, as agent, monies relating to service charges and associated income, which are held on trust and do not constitute turnover. |
Presentation of the income statement |
The presentation of the Income Statement on page 3 has been modified from the prescribed format for Company accounts in order to provide more information to lessees and other parties who may be interested in the expenditure incurred in the management of the property. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2021 - NIL). |
31/12/22 | 31/12/21 |
£ | £ |
Directors' remuneration |
4. | TAXATION |
Analysis of the tax charge |
No liability to UK corporation tax arose for the year ended 31st December 2022 nor for the year ended 31st December 2021. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/22 | 31/12/21 |
£ | £ |
Trade debtors |
Bank balance held by managing agents |
Prepayments |
ROCKINGHAM COURT MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 05389833) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31st December 2022 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/22 | 31/12/21 |
£ | £ |
Trade creditors |
Tree reserve fund | 113 | 113 |
Reserve fund | 105,374 | 98,374 |
Service charge account | 28,546 | 38,425 |
Accrued expenses |
7. | RESERVES |
Income |
and |
expenditure |
account |
£ |
Deficit for the year | ( |
) |
Transfer from service charge account |
9,879 |
At 31st December 2022 |
8. | RELATED PARTY DISCLOSURES |
The company is a mutual trading company and as such received income in the form of service charge from residents, some of who are directors of the company. Service charges payable by the directors are on the same basis as for all of the other residents. |
During the year, an amount of £3,702 (2021 - £3,984) was paid to J D Heatley, a director of the company in respect of caretaker's expenses and related expenditure. |
9. | LIMIT OF MEMBERS LIABILITY |
The liability of the members of the company is limited by guarantee to £1 each. |