REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2022 |
FOR |
SHAKESPEARE COURT WOODVILLE ROAD |
MANAGEMENT CO. LIMITED |
(LIMITED BY GUARANTEE) |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2022 |
FOR |
SHAKESPEARE COURT WOODVILLE ROAD |
MANAGEMENT CO. LIMITED |
(LIMITED BY GUARANTEE) |
SHAKESPEARE COURT WOODVILLE ROAD |
MANAGEMENT CO. LIMITED |
(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 01817189) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2022 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
SHAKESPEARE COURT WOODVILLE ROAD |
MANAGEMENT CO. LIMITED |
(LIMITED BY GUARANTEE) |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2022 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SHAKESPEARE COURT WOODVILLE ROAD |
MANAGEMENT CO. LIMITED |
(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 01817189) |
STATEMENT OF FINANCIAL POSITION |
31 MARCH 2022 |
2022 | 2021 |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
MEMBERS' FUNDS |
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 surplus or deficit 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 Board of Directors and authorised for issue on |
SHAKESPEARE COURT WOODVILLE ROAD |
MANAGEMENT CO. LIMITED |
(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 01817189) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2022 |
1. | STATUTORY INFORMATION |
Shakespeare Court Woodville Road Management Co. Limited (Limited by Guarantee) is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents service charges receivable. Revenue is recongnised at the date that the service charges are due. |
Financial instruments |
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. |
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. |
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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. |
Cash and cash equivalents |
Cash is represented by cash in hand and deposits held at call with banks, 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Other creditors |
Accrued expenses |
SHAKESPEARE COURT WOODVILLE ROAD |
MANAGEMENT CO. LIMITED |
(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 01817189) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2022 |
5. | SHARE CAPITAL |
The company is limited by guarantee and has no share capital. In the event of a winding up the members will contribute a sum not exceeding £1. |
6. | CONTROLLING PARTY |
The company is not regarded as being under the control of any one party. |