Company Registration No. 8579042 (England and Wales)
PARK AVENUE RESIDENTS MANAGEMENT LIMITED
Unaudited accounts
for the year ended 30 June 2022
PARK AVENUE RESIDENTS MANAGEMENT LIMITED
Unaudited accounts
Contents
PARK AVENUE RESIDENTS MANAGEMENT LIMITED
Company Information
for the year ended 30 June 2022
Directors
William MILLER
Sabbir Ahmed KOHYA
Company Number
8579042 (England and Wales)
Registered Office
63 PARK AVENUE
ILFORD
ESSEX
IG1 4RS
Accountants
S&Y Accountants Ltd
146A Cranbrook Road
ILFORD
Essex
IG1 4LZ
PARK AVENUE RESIDENTS MANAGEMENT LIMITED
Statement of financial position
as at 30 June 2022
Cash at bank and in hand
3,194
Creditors: amounts falling due within one year
(450)
Called up share capital
13
Revaluation reserve
27,825
Profit and loss account
(11,864)
Shareholders' funds
15,974
For the year ending 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2022 and were signed on its behalf by
William MILLER
Director
Company Registration No. 8579042
PARK AVENUE RESIDENTS MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 30 June 2022
PARK AVENUE RESIDENTS MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8579042. The registered office is 63 PARK AVENUE, ILFORD, ESSEX, IG1 4RS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed asset is the Freehold interest of flats registered in Land Registry, Title Number EGL75992. Proprietor is Park Avenue Residents Management Limited. Valuation was obtained from an independent firm of chartered surveyors on 10 March 2017, which was included in the above Balance Sheet.Tangible fixed assets are to be accounted for at fair value under Section 16 Investment Property.
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2022
Director loan account is offset against Tangible Assets
Tangible assets (£27825 less £14595) = £13,230
Director loan account (£14595 less £14595) = £0
PARK AVENUE RESIDENTS MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 30 June 2022
7
Average number of employees
During the year the average number of employees was 0.