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COMPANY REGISTRATION NUMBER: 06129570
Hillbury Grange Management Company Limited
Company Limited by Guarantee
Filleted Unaudited Financial Statements
31 March 2023
Hillbury Grange Management Company Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2023
Contents
Pages
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements
1
Balance sheet
2
Notes to the financial statements
3 to 4
Hillbury Grange Management Company Limited
Company Limited by Guarantee
Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Hillbury Grange Management Company Limited
Year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hillbury Grange Management Company Limited for the year ended 31 March 2023, which comprise the balance sheet and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Hillbury Grange Management Company Limited, as a body, in accordance with the terms of our engagement letter dated 20 February 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Hillbury Grange Management Company Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hillbury Grange Management Company Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Hillbury Grange Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hillbury Grange Management Company Limited. You consider that Hillbury Grange Management Company Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Hillbury Grange Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
MILLER DAVIES LLP Chartered accountants
A3 Broomsleigh Business Park Worsley Bridge Road London SE26 5BN
29 February 2024
Hillbury Grange Management Company Limited
Company Limited by Guarantee
Balance Sheet
31 March 2023
2023
2022
Note
£
£
£
Current assets
Debtors
5
547
639
Cash at bank and in hand
5,769
1,413
-------
-------
6,316
2,052
Creditors: amounts falling due within one year
6
624
737
-------
-------
Net current assets
5,692
1,315
-------
-------
Total assets less current liabilities
5,692
1,315
-------
-------
Net assets
5,692
1,315
-------
-------
Capital and reserves
Profit and loss account
5,692
1,315
-------
-------
Members funds
5,692
1,315
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 29 February 2024 , and are signed on behalf of the board by:
Ms S Jackman
Mr P R Blake
Director
Director
Company registration number: 06129570
Hillbury Grange Management Company Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2023
1. General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is The Grange, 259 Hillbury Road, Warlingham, Surrey, CR6 9TL.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
The turnover shown in the profit and loss account represents management charges receivable during the year.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Company limited by guarantee
The company is limited by guarantee and does not have share capital.
5. Debtors
2023
2022
£
£
Trade debtors
( 417)
639
Other debtors
964
----
----
547
639
----
----
6. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
624
737
----
----
7. Financial instruments
The carrying amount for each category of financial instrument is as follows:
2023
2022
£
£
Financial assets measured at fair value through profit or loss
Financial assets measured at fair value through profit or loss
5,768
2,052
-------
-------
Financial liabilities measured at fair value through profit or loss
Financial liabilities measured at fair value through profit or loss
1,040
737
-------
----