Company registration number 07014154 (England and Wales)
GRANARY WHARF (CANDLE HOUSE) MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
COMPANY LIMITED BY GUARANTEE
PAGES FOR FILING WITH REGISTRAR
GRANARY WHARF (CANDLE HOUSE) MANAGEMENT LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2
GRANARY WHARF (CANDLE HOUSE) MANAGEMENT LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2021
31 December 2021
- 1 -
2021
2020
Notes
£
£
£
£
Reserves
3
-
-
Members' funds
-
0
-
0

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

For the financial year ended 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 9 September 2022 and are signed on its behalf by:
R Nixson
Director
Company Registration No. 07014154
GRANARY WHARF (CANDLE HOUSE) MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
- 2 -
1
Accounting policies
Company information

Granary Wharf (Candle House) Management Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Glendevon House, 4 Hawthorn Park, Coal Road, Leeds, LS14 1PQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company.

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

The company acts as trustee of the statutory trust for the residents in respect of the service charge monies collected for the management and administration of the property. The company has changed its accounting policy to exclude these funds from the company's accounts as separate service charge accounts are prepared and certified.

Transactions in the year that relate to management and administration of the common parts in accordance with the lease are shown in separate service charge accounts for the property that do not form part of annual accounts of the company and are not filed at Companies House. All service charge monies received from the residents of the company are held in trust for the residents.

The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2021
2020
Number
Number
Total
2
2
3
Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

4
Related party transactions

No transactions with related parties were undertaken such as are required to be disclosed under the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

2021-12-312021-01-01false09 September 2022CCH SoftwareCCH Accounts Production 2022.100No description of principal activityR NixsonN M WalkerD Charlesworth070141542021-01-012021-12-31070141542021-12-31070141542020-12-3107014154bus:Director22021-01-012021-12-31070141542020-01-012020-12-3107014154bus:CompanyLimitedByGuarantee2021-01-012021-12-3107014154bus:SmallCompaniesRegimeForAccounts2021-01-012021-12-3107014154bus:FRS1022021-01-012021-12-3107014154bus:AuditExemptWithAccountantsReport2021-01-012021-12-3107014154bus:Director12021-01-012021-12-3107014154bus:CompanySecretary12021-01-012021-12-3107014154bus:FullAccounts2021-01-012021-12-31xbrli:purexbrli:sharesiso4217:GBP