Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31No description of principal activityfalsetrue12022-01-01false1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04039774 2022-01-01 2022-12-31 04039774 2021-01-01 2021-12-31 04039774 2022-12-31 04039774 2021-12-31 04039774 c:Director1 2022-01-01 2022-12-31 04039774 d:CurrentFinancialInstruments 2022-12-31 04039774 d:CurrentFinancialInstruments 2021-12-31 04039774 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 04039774 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 04039774 c:FRS102 2022-01-01 2022-12-31 04039774 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 04039774 c:FullAccounts 2022-01-01 2022-12-31 04039774 c:CompanyLimitedByGuarantee 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 04039774










VANWALL 2 MANAGEMENT COMPANY LIMITED
(A company limited by guarantee)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
VANWALL 2 MANAGEMENT COMPANY LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 04039774

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
34,855
21,163

Cash at bank and in hand
  
282
14,330

  
35,137
35,493

Creditors: amounts falling due within one year
 5 
(35,137)
(35,493)

Net current assets
  
 
 
-
 
 
-

Total assets less current liabilities
  
-
-

  

Net assets
  
-
-


Capital and reserves
  

  
-
-


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




T Bretten
Director

Date: 6 March 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
VANWALL 2 MANAGEMENT COMPANY LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Vanwall 2 Management Company Limited is a limited by guarantee company incorporated and domiciled in England. The registered office is 5 Aldermanbury Square, London, England, EC2V 7BP.
The financial statements are prepared in Sterling (£) which is the functional currency of the company. The financial statements are for the year ended 31 December 2022 (2021: year ended 31 December 2022).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Service charge income

Service charge income represents maintenance, management and administration costs recoverable
from owners or occupiers of units on the site, exclusive of Value Added Tax. Amounts are charged
quarterly on account and any surplus or deficit are refunded or recharged to the relevant parties.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021: 1).

Page 2

 
VANWALL 2 MANAGEMENT COMPANY LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Debtors

2022
2021
£
£


Service charge arrears
40,084
25,182

Other debtors
(5,588)
(5,377)

Prepayments
359
1,358

34,855
21,163



5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Payments received on account
12,480
10,596

Trade creditors
2,097
14,436

Other taxation and social security
12,488
8,133

Other creditors
2,100
1

Accruals
5,972
2,327

35,137
35,493




6.


Limited by guarantee

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding 20% of the budgeted expenditure or £10,000, whichever is greater towards the assets of the company in the event of liquidation.


7.


Controlling party

The ultimate controlling party of the company is The Local Authorities Mutual Investment Trust, a company incorporated in the United Kingdom. The registered office address is Senator House, 85 Queen Street, London, EC4V 4ET.
 

Page 3