REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 June 2022 |
for |
Maple Court (East Bower) Management |
Company Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 June 2022 |
for |
Maple Court (East Bower) Management |
Company Limited |
Maple Court (East Bower) Management |
Company Limited (Registered number: 02403826) |
Contents of the Financial Statements |
for the Year Ended 30 June 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Maple Court (East Bower) Management |
Company Limited |
Company Information |
for the Year Ended 30 June 2022 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
141 Englishcombe Lane |
Bath |
BA2 2EL |
Maple Court (East Bower) Management |
Company Limited (Registered number: 02403826) |
Balance Sheet |
30 June 2022 |
30.6.22 | 30.6.21 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Prepayments and accrued income |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Carpet reserve | 7 |
Freehold Loan repayment |
reserve | 7 |
General reserves | 7 |
External redecoration reserve | 7 |
Internal redecoration reserve | 7 |
Retained earnings | 7 |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Maple Court (East Bower) Management |
Company Limited (Registered number: 02403826) |
Notes to the Financial Statements |
for the Year Ended 30 June 2022 |
1. | STATUTORY INFORMATION |
Maple Court (East Bower) Management Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
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 balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 July 2021 |
and 30 June 2022 |
NET BOOK VALUE |
At 30 June 2022 |
At 30 June 2021 |
Maple Court (East Bower) Management |
Company Limited (Registered number: 02403826) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.22 | 30.6.21 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.22 | 30.6.21 |
£ | £ |
Trade creditors |
Other creditors |
7. | RESERVES |
Freehold |
Loan |
Retained | Carpet | repayment |
earnings | reserve | reserve |
£ | £ | £ |
At 1 July 2021 |
Profit for the year | - | - |
Transfer | (43,520 | ) | (1,200 | ) | 200 |
At 30 June 2022 |
External | Internal |
General | redecoration | redecoration |
reserves | reserve | reserve | Totals |
£ | £ | £ | £ |
At 1 July 2021 | 16,871 |
Profit for the year | - | - | - |
Transfer | 33,896 | 12,000 | (1,000 | ) | 376 |
At 30 June 2022 | 57,418 |
8. | LIMITED BY GUARANTEE |
The company is a private company limited by guarantee and consequently does not have share capital. Each member is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation. |
9. | CLIENT MONEY |
The amount shown in the bank account in the Company accounts is the money held on trust for the tenants. |
10. | AGENTS REMUNERATION |
No remuneration was paid to the Agent for works carried out in relation to their property. |