Company registration number 5024281 (England and Wales)
BOURNE END MANAGEMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 23 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
BOURNE END MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
BOURNE END MANAGEMENT COMPANY LIMITED
BALANCE SHEET
AS AT
23 JUNE 2023
23 June 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,402
1,912
Current assets
Debtors
5
376
750
Cash at bank and in hand
12,725
9,349
13,101
10,099
Creditors: amounts falling due within one year
6
(2,316)
(1,524)
Net current assets
10,785
8,575
Net assets
12,187
10,487
Capital and reserves
Called up share capital
10
10
Profit and loss reserves
12,177
10,477
Total equity
12,187
10,487

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

For the financial year ended 23 June 2023 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 13 November 2023 and are signed on its behalf by:
Mr C Dear
Director
Company Registration No. 5024281
BOURNE END MANAGEMENT COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 23 JUNE 2023
23 June 2023
- 2 -
1
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2
Accounting policies
Company information

Bourne End Management Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suites B & D, Burnham Yard, Beaconsfield, Bucks, United Kingdom, HP9 2JH.

2.1
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. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

2.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

2.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

BOURNE END MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 23 JUNE 2023
- 3 -
3
Employees

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

2023
2022
Number
Number
Total
1
1
4
Tangible fixed assets
Plant and equipment
£
Cost
At 24 June 2022 and 23 June 2023
2,040
Depreciation and impairment
At 24 June 2022
128
Depreciation charged in the year
510
At 23 June 2023
638
Carrying amount
At 23 June 2023
1,402
At 23 June 2022
1,912
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
376
750
6
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
1,258
1,164
Other creditors
1,058
360
2,316
1,524
2023-06-232022-06-24false13 November 2023CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr Colin DearVictoria GroulefMr Howard JohnstoneMr B E HoodMr Neil JacksonMr Adrian JohnstoneMr Michael PowerMr P SmithMr C Dearfalse50242812022-06-242023-06-2350242812023-06-2350242812022-06-235024281core:PlantMachinery2023-06-235024281core:PlantMachinery2022-06-235024281core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-235024281core:CurrentFinancialInstrumentscore:WithinOneYear2022-06-235024281core:CurrentFinancialInstruments2023-06-235024281core:CurrentFinancialInstruments2022-06-235024281core:ShareCapital2023-06-235024281core:ShareCapital2022-06-235024281core:RetainedEarningsAccumulatedLosses2023-06-235024281core:RetainedEarningsAccumulatedLosses2022-06-235024281bus:CompanySecretaryDirector12022-06-242023-06-235024281core:PlantMachinery2022-06-242023-06-2350242812021-06-242022-06-235024281core:PlantMachinery2022-06-235024281bus:PrivateLimitedCompanyLtd2022-06-242023-06-235024281bus:SmallCompaniesRegimeForAccounts2022-06-242023-06-235024281bus:FRS1022022-06-242023-06-235024281bus:AuditExemptWithAccountantsReport2022-06-242023-06-235024281bus:Director12022-06-242023-06-235024281bus:Director22022-06-242023-06-235024281bus:Director32022-06-242023-06-235024281bus:Director42022-06-242023-06-235024281bus:Director52022-06-242023-06-235024281bus:Director62022-06-242023-06-235024281bus:Director72022-06-242023-06-235024281bus:Director82022-06-242023-06-235024281bus:CompanySecretary12022-06-242023-06-235024281bus:FullAccounts2022-06-242023-06-23xbrli:purexbrli:sharesiso4217:GBP