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REGISTERED NUMBER: 02569997 (England and Wales)















Horseshoe Property Management
(Bridgwater) Ltd

Unaudited Financial Statements for the Year Ended 31 December 2021






Horseshoe Property Management
(Bridgwater) Ltd (Registered number: 02569997)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Horseshoe Property Management
(Bridgwater) Ltd

Company Information
for the Year Ended 31 December 2021







DIRECTORS: S R Bullion
A J T Phippen
R Regan
Mrs E Bullion
R W Thomas



REGISTERED OFFICE: 25 Quayside
Bridgwater
Somerset
TA6 3TA



REGISTERED NUMBER: 02569997 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: Santander UK plc
PO Box 382
Prescot Street
London
E1 8RP

Horseshoe Property Management
(Bridgwater) Ltd (Registered number: 02569997)

Abridged Statement of Financial Position
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 13,664 13,751

CURRENT ASSETS
Debtors 5,083 10,229
Cash at bank 82,536 68,399
87,619 78,628
CREDITORS
Amounts falling due within one year 642 10,190
NET CURRENT ASSETS 86,977 68,438
TOTAL ASSETS LESS CURRENT
LIABILITIES

100,641

82,189

PROVISIONS FOR LIABILITIES 6 79,000 61,120
NET ASSETS 21,641 21,069

CAPITAL AND RESERVES
Called up share capital 7 340 340
Retained earnings 21,301 20,729
SHAREHOLDERS' FUNDS 21,641 21,069

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

Horseshoe Property Management
(Bridgwater) Ltd (Registered number: 02569997)

Abridged Statement of Financial Position - continued
31 December 2021


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2022 and were signed on its behalf by:





S R Bullion - Director


Horseshoe Property Management
(Bridgwater) Ltd (Registered number: 02569997)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Horseshoe Property Management (Bridgwater) Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2020 - 6 ) .

Horseshoe Property Management
(Bridgwater) Ltd (Registered number: 02569997)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021 14,129
Additions 150
At 31 December 2021 14,279
DEPRECIATION
At 1 January 2021 378
Charge for year 237
At 31 December 2021 615
NET BOOK VALUE
At 31 December 2021 13,664
At 31 December 2020 13,751

6. PROVISIONS FOR LIABILITIES
31.12.21 31.12.20
£    £   
Other provisions
Provision for future work 79,000 61,120

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.21 31.12.20
value: £    £   
34 Ordinary £10 340 340