REGISTERED NUMBER: |
SEYMOUR ROAD LEYTON E10 |
MANAGEMENT COMPANY LIMITED |
(A COMPANY LIMITED BY GUARANTEE AND NOT |
HAVING A SHARE CAPITAL) |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2023 |
REGISTERED NUMBER: |
SEYMOUR ROAD LEYTON E10 |
MANAGEMENT COMPANY LIMITED |
(A COMPANY LIMITED BY GUARANTEE AND NOT |
HAVING A SHARE CAPITAL) |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2023 |
SEYMOUR ROAD LEYTON E10 |
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02797509) |
(A COMPANY LIMITED BY GUARANTEE AND NOT |
HAVING A SHARE CAPITAL) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SEYMOUR ROAD LEYTON E10 |
MANAGEMENT COMPANY LIMITED |
(A COMPANY LIMITED BY GUARANTEE AND NOT |
HAVING A SHARE CAPITAL) |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST MARCH 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
t/a Findlay Wetherfield Scott & Co., |
Chartered Accountants |
137, Station Road, |
Chingford, |
London |
E4 6AG |
BANKERS: |
PO Box 1000, |
BX2 1LB |
SEYMOUR ROAD LEYTON E10 |
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02797509) |
(A COMPANY LIMITED BY GUARANTEE AND NOT |
HAVING A SHARE CAPITAL) |
BALANCE SHEET |
31ST MARCH 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES | - | - |
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 surplus or deficit 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 |
SEYMOUR ROAD LEYTON E10 |
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02797509) |
(A COMPANY LIMITED BY GUARANTEE AND NOT |
HAVING A SHARE CAPITAL) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2023 |
1. | STATUTORY INFORMATION |
Seymour Road Leyton E10 Management Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and |
machinery | fittings | Totals |
£ | £ | £ |
Cost |
At 1st April 2022 |
and 31st March 2023 |
Depreciation |
At 1st April 2022 |
and 31st March 2023 |
Net book value |
At 31st March 2023 |
At 31st March 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Owed by lessees for |
service charges levied |
SEYMOUR ROAD LEYTON E10 |
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02797509) |
(A COMPANY LIMITED BY GUARANTEE AND NOT |
HAVING A SHARE CAPITAL) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST MARCH 2023 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Other creditors |
Excess received from lessees |
for service charges levied | 10,212 | 8,392 |
Held by company |
in Trust for lessees - |
Blocks A,B,C, and E | 60,087 | 66,586 |
Held by company |
in Trust for lessees - |
Estate (excluding the blocks) | 36,452 | 25,128 |
Accrued expenses |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
As each director is also a lessee of the property, service, insurance and other charges were levied on normal commercial terms. The amounts due by each director and the balances due either to or by the company as at the year end date are as shown below. Any contributions to the freehold purchase fund have been excluded as these do not form part of the income or costs of the company. |
2023 | 2022 |
£ | £ |
P.J. Barnett | Services charges, etc. | 1,150 | 1,092 |
Balance due by the lessee at the year end date | - | - |
B.A. Millan | Services charges, etc. | 6,394 | 6,049 |
Balance due by the lessee at the year end date | - | - |
S.G. Routledge | Services charges, etc. | 11,503 | 10,868 |
Balance due by the company at the year end date | 30 | - |
Service charges and supplementary service charges shown above only relate to the period each individual was a director. None of these transactions are with the company directly but they are with the company acting as agent on behalf of the lessees. |
8. | RELATED PARTY DISCLOSURES |
There is no overall controlling party. Each flat owner is a member of the company. |
9. | SHARE CAPITAL |
The company is limited by guarantee and does not have a share capital. In the event of the company being wound up, the liability of each member is limited to £10. |