COMPANY REGISTRATION NUMBER:
02250505
19 Westfield Park Management Company Limited |
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Company Limited by Guarantee |
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Filleted Unaudited Abridged Financial Statements |
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19 Westfield Park Management Company Limited |
|
Company Limited by Guarantee |
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Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of
19 Westfield Park Management Company Limited |
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Year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of 19 Westfield Park Management Company Limited for the year ended 31 March 2023, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
JAY & JAY PARTNERSHIP LIMITED
Chartered Certified Accountants
2 Chesterfield Buildings
Westbourne Place
Clifton
Bristol
BS8 1RU
22 November 2023
19 Westfield Park Management Company Limited |
|
Company Limited by Guarantee |
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Abridged Statement of Financial Position |
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31 March 2023
Current assets
Debtors |
– |
60 |
Cash at bank and in hand |
6,937 |
598 |
|
------- |
---- |
|
6,937 |
658 |
|
|
|
Creditors: amounts falling due within one year |
414 |
414 |
|
------- |
---- |
Net current assets |
6,523 |
244 |
|
------- |
---- |
Total assets less current liabilities |
6,523 |
244 |
|
------- |
---- |
Net assets |
6,523 |
244 |
|
------- |
---- |
|
|
|
Capital and reserves
Profit and loss account |
6,523 |
244 |
|
------- |
---- |
Members funds |
6,523 |
244 |
|
------- |
---- |
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|
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These abridged 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 income and retained earnings 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 abridged 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 abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of financial position for the year ending 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.
19 Westfield Park Management Company Limited |
|
Company Limited by Guarantee |
|
Abridged Statement of Financial Position (continued) |
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31 March 2023
These abridged financial statements were approved by the
board of directors
and authorised for issue on
18 November 2023
, and are signed on behalf of the board by:
Mr R G Stockdale |
Director |
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Company registration number:
02250505
19 Westfield Park Management Company Limited |
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Company Limited by Guarantee |
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Notes to the Abridged Financial Statements |
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Year ended 31 March 2023
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 19 Westfield Park, Redland, Bristol, BS6 6LX.
2.
Statement of compliance
These abridged 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 abridged 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 abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover represents contributions receivable from the owners of the flats.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities
.
4.
Company limited by guarantee
The company is limited by guarantee and does not have a share capital. The amount guaranteed is £1 per flat owner.
5.
Directors' advances, credits and guarantees
As at 31 March 2023 the director Mr R. G. Stockdale owed the company £nil (2022 - £60). All loans are interest free and repayable on demand.