Registration number:
Boston Court (Selhurst Road) Management Limited
for the Year Ended 31 May 2023
Boston Court (Selhurst Road) Management Limited
Contents
Company Information |
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
Boston Court (Selhurst Road) Management Limited
Company Information
Director |
A Brignull |
Company secretary |
CECPM Limited |
Registered office |
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Accountants |
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Boston Court (Selhurst Road) Management Limited
(Registration number: 00980705)
Statement of Financial Position as at 31 May 2023
Note |
2023 |
(As restated) |
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Current assets |
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Receivables |
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Equity |
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Called up share capital |
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Shareholders' funds |
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For the financial year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements of Boston Court (Selhurst Road) Management Limited were approved and authorised for issue by the
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Director
Boston Court (Selhurst Road) Management Limited
Notes to the Unaudited Financial Statements
for the Year Ended 31 May 2023
General information |
Boston Court (Selhurst Road) Management Limited (the 'company') is a private company limited by share capital, registered in England and Wales under the Companies Act. The address of the registered office is given on page 1.
Accounting policies |
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The functional currency of the company is considered to be pound sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pound sterling (£).
Reclassification of comparative amounts
Whilst certain contracts are entered into in the name of the company, the execution of these contracts and settlement of the liabilities arising are made through a Statement of Account that does not form part of the annual accounts of the company and is not filed at Companies House.
Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of section 42 of the Landlord and Tenant Act 1987. Accordingly, the transactions and balances relating to the service charges collected from the
leaseholders which were included in the company's accounts for the year ended 31 March 2022 or earlier have been removed and the prior year's figures restated.
Boston Court (Selhurst Road) Management Limited
Notes to the Unaudited Financial Statements
for the Year Ended 31 May 2023 (continued)
2 |
Accounting policies (continued) |
Judgements
There are no critical judgements made by the directors in the process of applying the company’s accounting policies which have the most significant effect on the amounts recognised in the financial statements. |
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Financial instruments
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Receivables |
Current |
2023 |
2022 |
Other debtors |
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Share capital |
Allotted, called up and fully paid shares
2023 |
2022 |
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No. |
£ |
No. |
£ |
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150 |
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150 |
Service charge accounts |
Service charge accounts, in accordance with ICAEW Technical Release 03/11, have been prepared for Boston Court, 211 Selhurst Road, London, SE25 6YA for the year ended 31 March 2023. These detail all of the service charge transactions in the year and a copy can be obtained from the managing agents CECPM Limited at the registered office address.