REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
FOR |
BROOKFIELD COURT MANAGEMENT COMPANY |
(BEXHILL) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
FOR |
BROOKFIELD COURT MANAGEMENT COMPANY |
(BEXHILL) LIMITED |
BROOKFIELD COURT MANAGEMENT COMPANY |
(BEXHILL) LIMITED (REGISTERED NUMBER: 01393340) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Statement of Director's Responsibilities | 5 |
Independent Accountants' Review Report | 6 |
BROOKFIELD COURT MANAGEMENT COMPANY |
(BEXHILL) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants & Business Advisers |
20 Havelock Road |
Hastings |
East Sussex |
TN34 1BP |
BROOKFIELD COURT MANAGEMENT COMPANY |
(BEXHILL) LIMITED (REGISTERED NUMBER: 01393340) |
BALANCE SHEET |
30 SEPTEMBER 2023 |
30.9.23 | 30.9.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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 director and authorised for issue on |
BROOKFIELD COURT MANAGEMENT COMPANY |
(BEXHILL) LIMITED (REGISTERED NUMBER: 01393340) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
1. | STATUTORY INFORMATION |
Brookfield Court Management Company (Bexhill) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements. Against the backdrop of the COVID-19 Pandemic the directors have paid particular attention to likely cashflow requirements and the future availability of adequate cashflow to the company. |
On the basis of this consideration, the directors are satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements. |
Tangible fixed assets |
Fixtures and fittings | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Freehold | and |
property | fittings | Totals |
£ | £ | £ |
COST |
At 1 October 2022 |
and 30 September 2023 |
DEPRECIATION |
At 1 October 2022 |
and 30 September 2023 |
NET BOOK VALUE |
At 30 September 2023 |
At 30 September 2022 |
It is the company's policy to maintain the freehold property in a state of good repair and as a result the life of the property and its residual value is such that no depreciation is considered necessary |
BROOKFIELD COURT MANAGEMENT COMPANY |
(BEXHILL) LIMITED (REGISTERED NUMBER: 01393340) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.23 | 30.9.22 |
£ | £ |
Trade debtors |
Prepayments & accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.23 | 30.9.22 |
£ | £ |
Trade creditors |
Lessees service charge account | 54,509 | 51,915 |
Accrued expenses |
7. | RELATED PARTY TRANSACTIONS |
The directors are leasehold tenants of the company and as such contribute to and benefit from the maintenance of the freehold property on the same basis as the other lessees. |
BROOKFIELD COURT MANAGEMENT COMPANY |
(BEXHILL) LIMITED (REGISTERED NUMBER: 01393340) |
STATEMENT OF DIRECTOR'S RESPONSIBILITIES |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations. |
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless she is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to: |
- | select suitable accounting policies and then apply them consistently; |
- | make judgements and accounting estimates that are reasonable and prudent; |
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable her to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
17 November 2023 |
INDEPENDENT ACCOUNTANTS' REVIEW REPORT TO THE DIRECTOR OF |
BROOKFIELD COURT MANAGEMENT COMPANY |
(BEXHILL) LIMITED |
The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
We have reviewed the financial statements of Brookfield Court Management Company Limited for the year ended | 30 September 2021, which comprise the Income Statement, Balance Sheet and the related notes 1 to 7. The | financial reporting framework that has been applied in their preparation is applicable law and United Kingdom | Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting | Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. |
This report is made solely to the company's directors, as a body, in accordance with our terms of engagement. | Our review has been undertaken so that we might state to the directors those matters that we have agreed with | them in our engagement letter and for no other purpose. To the fullest extent permitted by law, we do not accept | or assume responsibility to anyone other than the company and the company's directors as a body for our work, | for this report or the conclusions we have formed. |
Directors' responsibility for the financial statements |
As explained more fully in the Directors' Responsibilities Statement set out on page seven, the directors are | responsible for the preparation of the financial statements and for being satisfied that they give a true and fair | view. |
Accountants' responsibility |
Our responsibility is to express a conclusion based on our review of expenditure, comparing this the figures in the | financial statements to the supporting invoices, on a sample basis. |
Conclusion |
Based on our review, nothing has come to our attention that causes us to believe that the financial statements | have not been prepared: |
- so as to give a true and fair view of the state of the company's affairs as at 30 September 2021 and of its profit | for the year then ended; |
- in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting | Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'; and |
- in accordance with the requirements of the Companies Act 2006. |
Chartered Accountants & Business Advisers |
20 Havelock Road |
Hastings |
East Sussex |
TN34 1BP |