Bembridge Lodge (Lee-on-the-Solent) Residents Company Limited |
Registered number: |
01151525 |
Directors' Report |
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The directors present their report and accounts for the year ended 31 December 2023. |
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Principal activities |
The principal activity of the residents company is to provide management and administration services for the benefit of the residents of Bembridge Lodge.The surplus/(deficit) of the residents company for the year is shown in the Revenue Account. |
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Directors |
The following persons served as directors during the year: |
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D Williamson |
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J Clarke (resigned 30 October 2023) |
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S J Smith |
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Small company provisions |
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
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This report was approved by the board on 26 June 2024 and signed on its behalf. |
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Ms S Smith |
Director |
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Bembridge Lodge (Lee-on-the-Solent) Residents Company Limited |
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Bembridge Lodge (Lee-on-the-Solent) Residents Company Limited for the year ended 31 December 2023 |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bembridge Lodge (Lee-on-the-Solent) Residents Company Limited for the year ended 31 December 2023 which comprise of the Profit and Loss Account, 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, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance |
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF. |
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Cochrane & Co Accountants Limited |
Chartered Accountants |
38 Kings Road |
Lee-on-the-Solent |
Hampshire |
PO13 9NU |
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9 September 2024 |
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Bembridge Lodge (Lee-on-the-Solent) Residents Company Limited |
Registered number: |
01151525 |
Balance Sheet |
as at 31 December 2023 |
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Notes |
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2023 |
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2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
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7,252 |
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7,252 |
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Current assets |
Cash at bank and in hand |
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34,628 |
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31,109 |
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Creditors: amounts falling due within one year |
4 |
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(3,695) |
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(6,218) |
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Net current assets |
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30,933 |
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24,891 |
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Net assets |
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38,185 |
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32,143 |
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Capital and reserves |
Called up share capital |
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7,700 |
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7,700 |
Reserve account |
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30,485 |
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24,443 |
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Shareholders' funds |
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38,185 |
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32,143 |
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
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Ms S Smith |
Director |
Approved by the board on 26 June 2024 |
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Bembridge Lodge (Lee-on-the-Solent) Residents Company Limited |
Notes to the Accounts |
for the year ended 31 December 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Tangible fixed assets |
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The Land and Building cost represents the payment for the freehold. It is not possible to revalue this annually. |
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Bank account |
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Service charge money was held in trust at HSBC 26 High Street, Gosport, Hampshire PO12 1DG, under the title Bembridge Lodge (Lee-on-the-Solent) Residents Company Limited account number 31682997. A deposit account is held in the name of Bembridge Lodge (Lee on the Solent) Res.Co also at HSBC account number 91732765. |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
- |
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- |
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3 |
Tangible fixed assets |
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Land and buildings |
£ |
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Cost |
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At 1 January 2023 |
7,252 |
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At 31 December 2023 |
7,252 |
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Depreciation |
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At 31 December 2023 |
- |
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Net book value |
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At 31 December 2023 |
7,252 |
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At 31 December 2022 |
7,252 |
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4 |
Creditors: amounts falling due within one year |
2023 |
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2022 |
£ |
£ |
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Due to residents |
2,700 |
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5,280 |
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Taxation and social security costs |
68 |
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- |
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Other creditors |
927 |
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938 |
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3,695 |
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6,218 |
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5 |
Controlling party |
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The company is controlled by the directors by virtue of their shareholdings. |
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6 |
Other information |
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Bembridge Lodge (Lee-on-the-Solent) Residents Company Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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120 High Street |
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Lee-on-the-Solent |
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Hampshire |
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PO13 9DB |