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REGISTERED NUMBER: 04247503 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

FULWOOD PARK MANAGEMENT COMPANY LIMITED

FULWOOD PARK MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 04247503)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FULWOOD PARK MANAGEMENT COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Michael John Kerrigan
United Estates Services Limited
A P I (North West) Limited



SECRETARY: Michael John Kerrigan



REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH



REGISTERED NUMBER: 04247503 (England and Wales)



ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH



SOLICITORS: Napthens Solicitors
7 Winckley Square
Preston
Lancashire
PR1 3JD

FULWOOD PARK MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 04247503)

BALANCE SHEET
31 JULY 2023

31/7/23 31/7/22
Notes £    £   
CURRENT ASSETS
Debtors 5 14,490 8,435
Cash at bank and in hand 8,825 6,550
23,315 14,985
CREDITORS
Amounts falling due within one year 6 17,879 9,549
NET CURRENT ASSETS 5,436 5,436
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,436

5,436

CAPITAL AND RESERVES
Called up share capital 16 16
Retained earnings 5,420 5,420
SHAREHOLDERS' FUNDS 5,436 5,436

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 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.

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 29 January 2024 and were signed on its behalf by:





Michael John Kerrigan - Director


FULWOOD PARK MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 04247503)

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

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

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

Turnover
Turnover is the amount derived from the provision of services to unit holders in respect of the service charge agreement in respect of properties concern. Turnover is recognised on the accruals basis to match against the period to which such services are provided, stated net of Value Added Tax.

Tangible fixed assets
Fixed assets are initially recorded at cost and are shown in the accounts at cost less accumulated depreciation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The directors consider the company has sufficient financial resources and expected income to ensure the budgeted expense obligations can be satisfied and the company will continue as a going concern. Thus the going concern basis of accounting in preparing the annual financial statement has continued to be adopted.

3. EMPLOYEES AND DIRECTORS

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

FULWOOD PARK MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 04247503)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2022
and 31 July 2023 94,826
DEPRECIATION
At 1 August 2022
and 31 July 2023 94,826
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/23 31/7/22
£    £   
Trade debtors 12,150 6,522
Prepayments and accrued income 2,340 1,913
14,490 8,435

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/23 31/7/22
£    £   
VAT 2,552 904
Accruals and deferred income 15,327 8,645
17,879 9,549

7. ULTIMATE CONTROLLING PARTY

The company is owned and controlled by the directors by way of their shareholding. No individual shareholder has a majority, controlling shareholding.