IRIS Accounts Production v22.2.0.402 02403826 director 1.7.21 30.6.22 30.6.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure024038262021-06-30024038262022-06-30024038262021-07-012022-06-30024038262020-06-30024038262020-07-012021-06-30024038262021-06-3002403826ns16:EnglandWales2021-07-012022-06-3002403826ns15:PoundSterling2021-07-012022-06-3002403826ns11:Director12021-07-012022-06-3002403826ns11:PrivateLimitedCompanyLtd2021-07-012022-06-3002403826ns11:SmallEntities2021-07-012022-06-3002403826ns11:AuditExempt-NoAccountantsReport2021-07-012022-06-3002403826ns11:SmallCompaniesRegimeForDirectorsReport2021-07-012022-06-3002403826ns11:SmallCompaniesRegimeForAccounts2021-07-012022-06-3002403826ns11:FullAccounts2021-07-012022-06-3002403826ns11:CompanySecretary12021-07-012022-06-3002403826ns11:RegisteredOffice2021-07-012022-06-3002403826ns6:CurrentFinancialInstruments2022-06-3002403826ns6:CurrentFinancialInstruments2021-06-3002403826ns6:RevaluationReserve2022-06-3002403826ns6:RevaluationReserve2021-06-3002403826ns6:CapitalRedemptionReserve2022-06-3002403826ns6:CapitalRedemptionReserve2021-06-3002403826ns6:FurtherSpecificReserve1ComponentTotalEquity2022-06-3002403826ns6:FurtherSpecificReserve1ComponentTotalEquity2021-06-3002403826ns6:FurtherSpecificReserve2ComponentTotalEquity2022-06-3002403826ns6:FurtherSpecificReserve2ComponentTotalEquity2021-06-3002403826ns6:FurtherSpecificReserve3ComponentTotalEquity2022-06-3002403826ns6:FurtherSpecificReserve3ComponentTotalEquity2021-06-3002403826ns6:RetainedEarningsAccumulatedLosses2022-06-3002403826ns6:RetainedEarningsAccumulatedLosses2021-06-3002403826ns6:LandBuildings2021-06-3002403826ns6:LandBuildings2022-06-3002403826ns6:LandBuildings2021-06-3002403826ns6:WithinOneYearns6:CurrentFinancialInstruments2022-06-3002403826ns6:WithinOneYearns6:CurrentFinancialInstruments2021-06-3002403826ns6:RetainedEarningsAccumulatedLosses2021-06-3002403826ns6:RevaluationReserve2021-06-3002403826ns6:CapitalRedemptionReserve2021-06-3002403826ns6:RetainedEarningsAccumulatedLosses2021-07-012022-06-3002403826ns6:FurtherSpecificReserve1ComponentTotalEquity2021-06-3002403826ns6:FurtherSpecificReserve2ComponentTotalEquity2021-06-3002403826ns6:FurtherSpecificReserve3ComponentTotalEquity2021-06-30
REGISTERED NUMBER: 02403826 (England and Wales)















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: S C Abel





SECRETARY: S C Abel





REGISTERED OFFICE: 47 High Street
Bridgwater
Somerset
TA6 3BG





REGISTERED NUMBER: 02403826 (England and Wales)





ACCOUNTANTS: OCL Accountancy
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 10,800 10,800

CURRENT ASSETS
Debtors 5 5,146 1,431
Prepayments and accrued income 50,667 9,141
55,813 10,572
CREDITORS
Amounts falling due within one year 6 9,195 4,501
NET CURRENT ASSETS 46,618 6,071
TOTAL ASSETS LESS CURRENT LIABILITIES 57,418 16,871

RESERVES
Carpet reserve 7 - 1,200
Freehold Loan repayment
reserve 7 1,200 1,000
General reserves 7 33,896 -
External redecoration reserve 7 15,000 3,000
Internal redecoration reserve 7 - 1,000
Retained earnings 7 7,322 10,671
57,418 16,871

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

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.

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 director and authorised for issue on 9 September 2022 and were signed by:





S C Abel - Director


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 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 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.

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 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 July 2021
and 30 June 2022 10,800
NET BOOK VALUE
At 30 June 2022 10,800
At 30 June 2021 10,800

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 5,124 1,409
Other debtors 22 22
5,146 1,431

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Trade creditors 4,635 1
Other creditors 4,560 4,500
9,195 4,501

7. RESERVES
Freehold
Loan
Retained Carpet repayment
earnings reserve reserve
£    £    £   

At 1 July 2021 10,671 1,200 1,000
Profit for the year 40,171 - -
Transfer (43,520 ) (1,200 ) 200
At 30 June 2022 7,322 - 1,200
External Internal
General redecoration redecoration
reserves reserve reserve Totals
£    £    £    £   

At 1 July 2021 - 3,000 1,000 16,871
Profit for the year - - - 40,171
Transfer 33,896 12,000 (1,000 ) 376
At 30 June 2022 33,896 15,000 - 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.