REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended |
25 June 2023 |
for |
Boarlands (Management and Property) |
Company Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended |
25 June 2023 |
for |
Boarlands (Management and Property) |
Company Limited |
Boarlands (Management and Property) |
Company Limited (Registered number: 01603731) |
Contents of the Financial Statements |
for the Year Ended 25 June 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Boarlands (Management and Property) |
Company Limited |
Company Information |
for the Year Ended 25 June 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
The Old Bakehouse |
Course Road |
Ascot |
Berkshire |
SL5 7HL |
Boarlands (Management and Property) |
Company Limited (Registered number: 01603731) |
Balance Sheet |
25 June 2023 |
25.6.23 | 25.6.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Other reserves | 6 |
Retained earnings | 6 |
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 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. |
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 |
Boarlands (Management and Property) |
Company Limited (Registered number: 01603731) |
Notes to the Financial Statements |
for the Year Ended 25 June 2023 |
1. | STATUTORY INFORMATION |
Boarlands (Management and Property) Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents service charges levied on residents based on budgeted expenditure for the year. This company is not registered for VAT. |
Residential management transactions |
A statutory trust is imposed over service charge monies received under Section 42 of the Landlord and Tenant Act 1987 and the company therefore acts as a trustee in this capacity. As such the closing balance of cash and other assets are held in trust by the company. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
25.6.23 | 25.6.22 |
£ | £ |
Service charges due |
Prepayments |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
25.6.23 | 25.6.22 |
£ | £ |
Service charges in advance | 2,095 | 2,530 |
Accrued expenses |
6. | RESERVES |
Retained | Other |
earnings | reserves | Totals |
£ | £ | £ |
At 26 June 2022 | 17,616 |
Deficit for the year | ( |
) | ( |
) |
Contributions to reserve fund |
At 25 June 2023 | 7,814 |