IRIS Accounts Production v22.1.4.3 01186611 Board of Directors 1.4.21 31.3.22 31.3.22 0 0 false true false false true false Ordinary 1.00000 "A" Non-voting shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure011866112021-03-31011866112022-03-31011866112021-04-012022-03-31011866112020-03-31011866112020-04-012021-03-31011866112021-03-3101186611ns16:EnglandWales2021-04-012022-03-3101186611ns15:PoundSterling2021-04-012022-03-3101186611ns11:Director12021-04-012022-03-3101186611ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3101186611ns11:SmallEntities2021-04-012022-03-3101186611ns11:AuditExemptWithAccountantsReport2021-04-012022-03-3101186611ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3101186611ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3101186611ns11:FullAccounts2021-04-012022-03-3101186611ns11:OrdinaryShareClass12021-04-012022-03-3101186611ns11:OrdinaryShareClass22021-04-012022-03-3101186611ns11:Director22021-04-012022-03-3101186611ns11:Director42021-04-012022-03-3101186611ns11:Director52021-04-012022-03-3101186611ns11:Director62021-04-012022-03-3101186611ns11:CompanySecretary12021-04-012022-03-3101186611ns11:RegisteredOffice2021-04-012022-03-3101186611ns6:CurrentFinancialInstruments2022-03-3101186611ns6:CurrentFinancialInstruments2021-03-3101186611ns6:Non-currentFinancialInstruments2022-03-3101186611ns6:Non-currentFinancialInstruments2021-03-3101186611ns6:ShareCapital2022-03-3101186611ns6:ShareCapital2021-03-3101186611ns6:RetainedEarningsAccumulatedLosses2022-03-3101186611ns6:RetainedEarningsAccumulatedLosses2021-03-3101186611ns6:LandBuildings2021-03-3101186611ns6:LandBuildings2022-03-3101186611ns6:LandBuildings2021-03-3101186611ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3101186611ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-3101186611ns6:Non-currentFinancialInstruments2021-04-012022-03-3101186611ns11:OrdinaryShareClass12022-03-3101186611ns11:OrdinaryShareClass22022-03-3101186611ns6:RetainedEarningsAccumulatedLosses2021-03-3101186611ns6:RetainedEarningsAccumulatedLosses2021-04-012022-03-31
REGISTERED NUMBER: 01186611 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2022

FOR

White Gables Management Company Limited

White Gables Management Company Limited (Registered number: 01186611)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

White Gables Management Company Limited

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2022







DIRECTORS: K I Coutanche
P W Hall
C D Kirkby
S T O'Connor
P A Venvil





SECRETARY: S T O'Connor





REGISTERED OFFICE: 76 Whitehouse Way
Solihull
West Midlands
B91 1SE





REGISTERED NUMBER: 01186611 (England and Wales)





ACCOUNTANTS: C Wiltshire & Co
Chartered Accountants
17 Greenhill Street
Stratford upon Avon
CV37 6LF

White Gables Management Company Limited (Registered number: 01186611)

BALANCE SHEET
31ST MARCH 2022

2022 2021
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 125,692 125,692

CURRENT ASSETS
Debtors 5 50 730
Cash at bank 79,950 80,564
80,000 81,294
CREDITORS
Amounts falling due within one year 6 2,154 3,272
NET CURRENT ASSETS 77,846 78,022
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,538

203,714

CREDITORS
Amounts falling due after more than
one year

7

125,964

125,964
NET ASSETS 77,574 77,750

CAPITAL AND RESERVES
Called up share capital 8 72 72
Retained earnings 9 77,502 77,678
SHAREHOLDERS' FUNDS 77,574 77,750

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 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.

White Gables Management Company Limited (Registered number: 01186611)

BALANCE SHEET - continued
31ST MARCH 2022


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th July 2022 and were signed on its behalf by:





S T O'Connor - Director


White Gables Management Company Limited (Registered number: 01186611)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022


1. STATUTORY INFORMATION

White Gables 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 the value of service charges arising during the year.

Tangible fixed assets and depreciation
Tangible fixed assets represent investment properties valued by the Directors by reference to their estimated market value. No depreciation is charged on investment properties.

Taxation
White Gables Management Company Limited is a not for profit company and therefore corporation tax is only chargeable on interest receivable and miscellaneous fees.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£
COST
At 1st April 2021
and 31st March 2022 125,692
NET BOOK VALUE
At 31st March 2022 125,692
At 31st March 2021 125,692

The directors consider that the estimated open market value of the property is not materially different from its purchase price as at the completion date of 23rd December 2001.

White Gables Management Company Limited (Registered number: 01186611)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2022


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Trade debtors 50 550
Prepayments and accrued income - 180
50 730

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Tax - 18
Service charges received in advance - 1,100
Accrued expenses 2,154 2,154
2,154 3,272

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£ £
Loan notes 125,964 125,964

The above amount relates to 36 loan notes of £3,499 each which have been issued. The loan notes are non-repayable (except in accordance with number two of the Articles of Association upon a winding up or other distribution of the capital of the company) and are non-interest bearing.

8. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £ £
36 Ordinary £1 36 36
36 "A" Non-voting shares £1 36 36
72 72

White Gables Management Company Limited (Registered number: 01186611)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2022


9. RESERVES
Retained
earnings
£

At 1st April 2021 77,678
Deficit for the year (176 )
At 31st March 2022 77,502

White Gables Management Company Limited

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
WHITE GABLES MANAGEMENT COMPANY LIMITED


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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2022 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






C Wiltshire & Co
Chartered Accountants
17 Greenhill Street
Stratford upon Avon
CV37 6LF


11th July 2022