Caseware UK (AP4) 2021.0.152 2021.0.152 2021-11-302021-11-302020-12-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrue11false 07448583 2020-12-01 2021-11-30 07448583 2019-12-01 2020-11-30 07448583 2021-11-30 07448583 2020-11-30 07448583 c:Director1 2020-12-01 2021-11-30 07448583 d:CurrentFinancialInstruments 2021-11-30 07448583 d:CurrentFinancialInstruments 2020-11-30 07448583 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 07448583 d:CurrentFinancialInstruments d:WithinOneYear 2020-11-30 07448583 c:FRS102 2020-12-01 2021-11-30 07448583 c:AuditExempt-NoAccountantsReport 2020-12-01 2021-11-30 07448583 c:FullAccounts 2020-12-01 2021-11-30 07448583 c:CompanyLimitedByGuarantee 2020-12-01 2021-11-30 iso4217:GBP xbrli:pure
Registered number: 07448583









CHAMBERS WAY MANAGEMENT LIMITED
(A Company Limited by Guarantee)

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2021

 
CHAMBERS WAY MANAGEMENT LIMITED
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 07448583

BALANCE SHEET
AS AT 30 NOVEMBER 2021

2021
2020
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
366
-

Cash at bank
  
29,101
27,560

  
29,467
27,560

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(29,467)
(27,560)

Net current assets
  
 
 
-
 
 
-

  

Net assets
  
-
-


Capital and reserves
  

  
-
-


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






Mr P Seymour
Director

Date: 9 August 2022

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

Page 1

 
CHAMBERS WAY MANAGEMENT LIMITED

(A Company Limited by Guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

1.


General information

Chambers Way Management Limited is a private Company limited by guarantee incorporated in England and  Wales within the United Kingdom. The address of the registered office is 9 Lynn Road, Littleport, Ely, Cambridgeshire, CB6 1JL. This Company is not part of a Group.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have assessed the current and future effects of Covid-19 on the Company. The  Company has been classed as essential during the pandemic and will continue to trade during restrictions imposed by the UK government. On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not contain any adjustments that would be required if the Company were not able to continue as a going concern.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 2

 
CHAMBERS WAY MANAGEMENT LIMITED

(A Company Limited by Guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

2.Accounting policies (continued)

 
2.5

Cash at bank

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2020 - 1).


4.


Debtors

2021
2020
£
£


Trade debtors
366
-



5.


Creditors: Amounts falling due within one year

2021
2020
£
£

Payments received on account
26,175
26,135

Trade creditors
21
861

Accruals
3,271
564

29,467
27,560




6.


Company status

The Company is a private Company limited by guarantee 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.


Page 3