Lissenden (Branksome Park) Limited 05101024 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is residents property management. Digita Accounts Production Advanced 6.30.9574.0 true 05101024 2022-04-01 2023-03-31 05101024 2023-03-31 05101024 core:LandBuildings 2023-03-31 05101024 bus:SmallEntities 2022-04-01 2023-03-31 05101024 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 05101024 bus:FullAccounts 2022-04-01 2023-03-31 05101024 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 05101024 bus:RegisteredOffice 2022-04-01 2023-03-31 05101024 bus:CompanySecretary1 2022-04-01 2023-03-31 05101024 bus:CompanySecretary2 2022-04-01 2023-03-31 05101024 bus:Director2 2022-04-01 2023-03-31 05101024 bus:Director3 2022-04-01 2023-03-31 05101024 bus:Director4 2022-04-01 2023-03-31 05101024 bus:Director6 2022-04-01 2023-03-31 05101024 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05101024 countries:EnglandWales 2022-04-01 2023-03-31 05101024 2022-03-31 05101024 core:LandBuildings 2022-03-31 05101024 2021-04-01 2022-03-31 05101024 2022-03-31 05101024 core:LandBuildings 2022-03-31 iso4217:GBP xbrli:pure

Company No: 05101024

Lissenden (Branksome Park) Limited

Unaudited Financial Statements

Year Ended

31 March 2023

 

Lissenden (Branksome Park) Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Lissenden (Branksome Park) Limited

Company Information

Directors

B Stillwell

P Furby

T A Rees

P J Dent

Company secretaries

Foxes Property Management Limited

M R Hudson

Registered office

Heliting House
35 Richmond Hill
Bournemouth
Dorset
BH2 6HT

Accountants

Brett Pittwood
Chartered Certified Accountants
Suite 8 Bourne Gate
25 Bourne Valley Road
Poole
Dorset
BH12 1DY

 

Lissenden (Branksome Park) Limited

(Registration number: 05101024)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

108,725

108,725

Capital and reserves

 

Called up share capital

27

27

Share premium reserve

108,698

108,698

Shareholders' funds

 

108,725

108,725

For the financial 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 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 14 April 2023 and signed on its behalf by:
 

T A Rees
Director

 

Lissenden (Branksome Park) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2023

1

General information

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

The address of its registered office is:
Heliting House
35 Richmond Hill
Bournemouth
Dorset
BH2 6HT
United Kingdom

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation has not been provided on freehold land and buildings because the directors are of the opinion that
a. The freehold property is maintained in such a state of repair that the residual value is at least equal to the carrying value of the asset in the accounts. Therefore it is deemed unnecessary to provide for depreciation.
b. The property has a useful life exceeding 50 years.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Lissenden (Branksome Park) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2023

Financial instruments

Classification
Financial assets

Basic financial assets
Basic financial assets, which include trade debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publically traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year was 4 (2022 - 4).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2022

108,725

108,725

At 31 March 2023

108,725

108,725

Depreciation

Carrying amount

At 31 March 2023

108,725

108,725

At 31 March 2022

108,725

108,725