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REGISTERED NUMBER: 03937176 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

70 OAKLEY ROAD MANAGEMENT COMPANY
LIMITED

70 OAKLEY ROAD MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 03937176)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


70 OAKLEY ROAD MANAGEMENT COMPANY
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr P J Feighery
Mrs A S Fowler
Mr A B Vacher
Mr P M Nolan
Mr S Bevan
Ms K Mackintosh





SECRETARY: Mr P M Nolan





REGISTERED OFFICE: Fleming Court
Leigh Road
Eastleigh
Southampton
Hampshire
SO50 9PD





BUSINESS ADDRESS: Flat 2
70 Oakley Road
Shirley
Southampton
Hampshire
SO16 4LG





REGISTERED NUMBER: 03937176 (England and Wales)






70 OAKLEY ROAD MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 03937176)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 725 667
Cash at bank 1,002 1,545
1,727 2,212
CREDITORS
Amounts falling due within one year 6 1,305 1,274
NET CURRENT ASSETS 422 938
TOTAL ASSETS LESS CURRENT
LIABILITIES

422

938

RESERVES
Income and expenditure account 422 938
422 938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 15 November 2023 and were signed on its behalf by:





Mr P J Feighery - Director


70 OAKLEY ROAD MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 03937176)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

70 Oakley Road Management Company Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents service charges receivable from the residents who are all members of the company, and is therefore generated wholly within the United Kingdom.

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 725 667

Included in other debtors is £725 (2022: £667) in relation to prepayments and accrued income.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 1,305 1,274

Included in other creditors is £1,305 (2022: £1,274) in relation to accruals and deferred income.

7. COMPANY LIMITED BY GUARANTEE

The members have each given an undertaken to contribute to the assets of the company, in the event of it being wound up, an amount not exceeding £1.