Benham Lane Management Company Limited 07947485 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is the management of the property at Benham Lane, Ashford Hill, Thatcham RG19 8BE (The Property). Digita Accounts Production Advanced 6.30.9574.0 true true 07947485 2023-01-01 2023-12-31 07947485 2023-12-31 07947485 core:CurrentFinancialInstruments 2023-12-31 07947485 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07947485 bus:SmallEntities 2023-01-01 2023-12-31 07947485 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07947485 bus:FilletedAccounts 2023-01-01 2023-12-31 07947485 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07947485 bus:RegisteredOffice 2023-01-01 2023-12-31 07947485 bus:CompanySecretary2 2023-01-01 2023-12-31 07947485 bus:Director1 2023-01-01 2023-12-31 07947485 bus:Director2 2023-01-01 2023-12-31 07947485 bus:Director5 2023-01-01 2023-12-31 07947485 bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 07947485 countries:AllCountries 2023-01-01 2023-12-31 07947485 2022-01-01 2022-12-31 07947485 2022-12-31 07947485 core:CurrentFinancialInstruments 2022-12-31 07947485 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 07947485

Benham Lane Management Company Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Benham Lane Management Company Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Benham Lane Management Company Limited

Company Information

Directors

R Hopkins

E J Davidson

T Bailey

Company secretary

P Cunningham

Registered office

2 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

Accountants

EJBC Chartered Accountants
2 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

 

Benham Lane Management Company Limited

(Registration number: 07947485)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

2,170

2,170

Cash at bank and in hand

 

583

181

 

2,753

2,351

Creditors: Amounts falling due within one year

(420)

(419)

Net assets

 

2,333

1,932

Reserves

 

Other reserves

150

150

Retained earnings

2,183

1,782

Surplus

 

2,333

1,932

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors' Report has been taken.

Approved and authorised by the Board on 13 August 2024 and signed on its behalf by:
 

.........................................
E J Davidson
Director

 

Benham Lane Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sale taxes.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Benham Lane Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).