The Beeches Residents Company Limited 02960971 false 2022-06-25 2023-06-24 2023-06-24 The principal activity of the company is the management and maintenance of the common parts of 27 flats known as The Beeches at Halsey Road Watford Herts Digita Accounts Production Advanced 6.30.9574.0 true 02960971 2022-06-25 2023-06-24 02960971 2023-06-24 02960971 bus:OrdinaryShareClass1 2023-06-24 02960971 bus:PreferenceShareClass1 2023-06-24 02960971 bus:Revised 2023-06-24 02960971 core:CurrentFinancialInstruments 2023-06-24 02960971 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-24 02960971 bus:SmallEntities 2022-06-25 2023-06-24 02960971 bus:AuditExemptWithAccountantsReport 2022-06-25 2023-06-24 02960971 bus:FullAccounts 2022-06-25 2023-06-24 02960971 bus:SmallCompaniesRegimeForAccounts 2022-06-25 2023-06-24 02960971 bus:RegisteredOffice 2022-06-25 2023-06-24 02960971 bus:Director3 2022-06-25 2023-06-24 02960971 bus:Director5 2022-06-25 2023-06-24 02960971 bus:OrdinaryShareClass1 2022-06-25 2023-06-24 02960971 bus:PreferenceShareClass1 2022-06-25 2023-06-24 02960971 bus:PrivateLimitedCompanyLtd 2022-06-25 2023-06-24 02960971 bus:Agent1 2022-06-25 2023-06-24 02960971 countries:England 2022-06-25 2023-06-24 02960971 2021-06-25 2022-06-24 02960971 2022-06-24 02960971 bus:OrdinaryShareClass1 2022-06-24 02960971 bus:PreferenceShareClass1 2022-06-24 02960971 core:CurrentFinancialInstruments 2022-06-24 02960971 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-24 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02960971

The Beeches Residents Company Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 24 June 2023

The Beeches Residents Company Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 5

The Beeches Residents Company Limited

Company Information

Directors | D M Crouch R Dhrona

Registered office | 3rd Floor 166 College Road Harrow Middlesex HA1 1BH

Accountants | MG Group (Professional Services) Ltd Chartered Accountants 166 College Road Harrow Middlesex HA1 1BH

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
The Beeches Residents Company Limited
for the Year Ended 24 June 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Beeches Residents Company Limited for the year ended 24 June 2023 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of The Beeches Residents Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of The Beeches Residents Company Limited and state those matters that we have agreed to state to the Board of Directors of The Beeches Residents Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Beeches Residents Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Beeches Residents Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Beeches Residents Company Limited. You consider that The Beeches Residents Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of The Beeches Residents Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
MG Group (Professional Services) Ltd
Chartered Accountants
166 College Road
Harrow
Middlesex
HA1 1BH

25 September 2023

The Beeches Residents Company Limited

(Registration number: 02960971)
Balance Sheet as at 24 June 2023

| Note | 2023 £ | 2022 £
Current assets |  |  |
Debtors | 4 | 17,887 | 13,700
Cash at bank and in hand |  | 79,850 | 83,759
|  | 97,737 | 97,459
Creditors: Amounts falling due within one year | 5 | (29,845) | (23,936)
Net assets |  | 67,892 | 73,523
Capital and reserves |  |  |
Called up share capital | 6 | 1,351 | 1,351
Other reserves |  | 66,541 | 72,172
Shareholders' funds |  | 67,892 | 73,523

For the financial year ending 24 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 September 2023 and signed on its behalf by:

......................................... D M Crouch Director

The Beeches Residents Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 24 June 2023

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
3rd Floor
166 College Road
Harrow
Middlesex
HA1 1BH
England

These financial statements were authorised for issue by the Board on 25 September 2023.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

The Beeches Residents Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 24 June 2023

4 | Debtors

Current | 2023 £ | 2022 £
Trade debtors | 10,800 | 5,535
Prepayments | 7,087 | 7,665
Other debtors | - | 500
| 17,887 | 13,700

5 | Creditors

Creditors: amounts falling due within one year

| 2023 £ | 2022 £
Due within one year |  |
Trade creditors | 103 | 1,976
Accruals and deferred income | 25,080 | 21,960
Other creditors | 4,662 | -
| 29,845 | 23,936

6 | Share capital

Allotted, called up and fully paid shares

| 2023 | 2022
| No. | £ | No. | £
Ordinary shares of £50 each | 27 | 1,350 | 27 | 1,350
Founder shares of £0.20 each | 5 | 1 | 5 | 1
| 32 | 1,351 | 32 | 1,351

7 | Reserves

The Other Reserve has been established to meet the cost of large, non-regular repair and maintenance work.