0 false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 1495828 2022-04-01 2023-03-31 1495828 2023-03-31 1495828 2022-03-31 1495828 bus:Director2 2022-04-01 2023-03-31 1495828 core:WithinOneYear 2023-03-31 1495828 core:WithinOneYear 2022-03-31 1495828 core:ShareCapital 2023-03-31 1495828 core:ShareCapital 2022-03-31 1495828 core:OtherReservesSubtotal 2023-03-31 1495828 core:OtherReservesSubtotal 2022-03-31 1495828 bus:SmallEntities 2022-04-01 2023-03-31 1495828 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 1495828 bus:FullAccounts 2022-04-01 2023-03-31 1495828 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 1495828 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
COMPANY REGISTRATION NUMBER: 1495828
Wyclands House Management Company Limited
Filleted Unaudited Financial Statements
For the year ended
31 March 2023
for the year ended
Wyclands House Management Company Limited
Statement of Financial Position
31 March 2023
2023
2022
Note
£
£
£
Current assets
Debtors
4
5,711
3,449
Cash at bank and in hand
10,183
22,305
--------
--------
15,894
25,754
Creditors: amounts falling due within one year
5
3,143
4,547
--------
--------
Net current assets
12,751
21,207
--------
--------
Total assets less current liabilities
12,751
21,207
--------
--------
Net assets
12,751
21,207
--------
--------
Capital and reserves
Called up share capital
14
14
Other reserves
12,737
21,193
--------
--------
Shareholders funds
12,751
21,207
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 March 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 4 October 2023 , and are signed on behalf of the board by:
J Galliers
Director
Company registration number: 1495828
for the year ended
Wyclands House Management Company Limited
Notes to the Financial Statements
Year ended 31 March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o BLR Property Management Limited, Hyde House, The Hyde, Edgware Road, London, NW9 6LH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Service charges are levied on the members in order to cover the company's costs and are taken into the accounts when they become due.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Debtors
2023
2022
£
£
Trade debtors
1,717
482
Other debtors
3,994
2,967
-------
-------
5,711
3,449
-------
-------
5. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
1,821
3,449
Other creditors
1,322
1,098
-------
-------
3,143
4,547
-------
-------