Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31trueNo description of principal activitytrue332021-01-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 3244458 2021-01-01 2021-12-31 3244458 2020-01-01 2020-12-31 3244458 2021-12-31 3244458 2020-12-31 3244458 c:Director1 2021-01-01 2021-12-31 3244458 c:Director2 2021-01-01 2021-12-31 3244458 c:Director3 2021-01-01 2021-12-31 3244458 c:Director4 2021-01-01 2021-12-31 3244458 d:CurrentFinancialInstruments 2021-12-31 3244458 d:CurrentFinancialInstruments 2020-12-31 3244458 d:OtherMiscellaneousReserve 2021-01-01 2021-12-31 3244458 d:RetainedEarningsAccumulatedLosses 2021-01-01 2021-12-31 3244458 c:FRS102 2021-01-01 2021-12-31 3244458 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 3244458 c:FullAccounts 2021-01-01 2021-12-31 3244458 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 3244458 2 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 3244458










TWYFORD COURT MANAGEMENT (DUNMOW) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2021

 
TWYFORD COURT MANAGEMENT (DUNMOW) LIMITED
REGISTERED NUMBER: 3244458

BALANCE SHEET
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
109
615

Cash at bank and in hand
 5 
56,212
45,309

  
56,321
45,924

Creditors: amounts falling due within one year
 6 
(4,308)
(7,230)

Net current assets
  
 
 
52,013
 
 
38,694

Total assets less current liabilities
  
52,013
38,694

  

  

  

Net assets
  
52,013
38,694


Capital and reserves
  

Called up share capital 
  
7
7

Other reserves
 7 
1,434
1,434

Profit and loss account
 7 
50,572
37,253

  
52,013
38,694


Page 1

 
TWYFORD COURT MANAGEMENT (DUNMOW) LIMITED
REGISTERED NUMBER: 3244458

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2021

The directors consider 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 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 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 on 19 April 2022.




Dr J A Jordan
M P Johnson
Director
Director



S Wanderer on behalf of Commercial Property Investment Limited
Director



A J Warin
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
TWYFORD COURT MANAGEMENT (DUNMOW) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.Accounting policies

 
1.1

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 following principal accounting policies have been applied:

 
1.2

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.

 
1.3

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 3

 
TWYFORD COURT MANAGEMENT (DUNMOW) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.Accounting policies (continued)

 
1.4

Cash and cash equivalents

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.

 
1.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
1.6

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.

 
1.7

Interest income

Interest income is recognised in profit or loss using the effective interest method.


2.


General information

Twyford Court Management (Dunmow) Limited is a private limited company incorporated in England and Wales. The Registered Office is Kingsridge House, 601 London Road, Westcliff on Sea, Essex, SS0 9PE.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2020 - 3).

Page 4

 
TWYFORD COURT MANAGEMENT (DUNMOW) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

4.


Debtors

2021
2020
£
£


Trade debtors
-
177

Prepayments and accrued income
109
438

109
615



5.


Cash and cash equivalents

2021
2020
£
£

Cash at bank and in hand
56,212
45,309

56,212
45,309



6.


Creditors: Amounts falling due within one year

2021
2020
£
£

Trade creditors
2,073
2,230

Accruals and deferred income
2,235
5,000

4,308
7,230



7.


Reserves

Other reserves

The other reserve relates to a capital reserve which comprises the balance of initial funds transferred to the company.

Profit and loss account

The profit and loss account comprises the retained excess of income surpluses over deficits of the company.


Page 5