REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended |
31 October 2023 |
for |
Amersham Road Management Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended |
31 October 2023 |
for |
Amersham Road Management Limited |
Amersham Road Management Limited (Registered number: 07962037) |
Contents of the Financial Statements |
for the Year Ended 31 October 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Amersham Road Management Limited |
Company Information |
for the Year Ended 31 October 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
The Old Bakehouse |
Course Road |
Ascot |
Berkshire |
SL5 7HL |
Amersham Road Management Limited (Registered number: 07962037) |
Balance Sheet |
31 October 2023 |
31.10.23 | 31.10.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Internal decoration reserve | 6 |
External decoration reserve | 6 |
Tree reserve | 6 |
Retained earnings | 6 |
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 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 Board of Directors and authorised for issue on |
Amersham Road Management Limited (Registered number: 07962037) |
Notes to the Financial Statements |
for the Year Ended 31 October 2023 |
1. | STATUTORY INFORMATION |
Amersham Road Management Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents service charges levied on residents based on budgeted expenditure for the year. This company is not registered for VAT. |
Taxation |
The company is a non-profit making enterprise and surpluses or deficits arising as a result of differences between service charges levied (based on estimated costs) and actual costs incurred do not fall within the scope of corporation tax. Tax is payable on investment income only. |
Residential management transactions |
A statutory trust is imposed over service charge monies received under Section 42 of the Landlord and Tenant Act 1987 and the company therefore acts as a trustee in this capacity. As such the closing balance of cash and other assets are held in trust by the company. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.23 | 31.10.22 |
£ | £ |
Service charges & ground rent due |
Prepayments |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.23 | 31.10.22 |
£ | £ |
Service charges & ground rent in advance | 331 | 2,489 |
Accrued expenses |
Amersham Road Management Limited (Registered number: 07962037) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2023 |
6. | RESERVES |
Internal | External |
Retained | decoration | decoration | Tree |
earnings | reserve | reserve | reserve | Totals |
£ | £ | £ | £ | £ |
At 1 November 2022 |
Profit for the year | - | - | - |
At 31 October 2023 | 10,387 |
7. | COMPANY LIMITED BY GUARANTEE |
The company is limited by guarantee and does not have any share capital. |
The liability of the members is limited. Every member of the Company undertakes to contribute such amounts as may be required (not exceeding £1) to the Company's assets if it should be wound up while he is a member or within one year after he ceases to be a member, for the payment of the Company's debt and liabilities contracted before he ceases to be a member; and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories themselves. |