Westfield Point Phase 2 Management Company Limited |
Notes to the Accounts |
for the year ended 30 April 2024 |
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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. |
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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. |
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The Service charges collected and relevant costs relating to the service charges are not included in the company accounts. Information relating to the service charges is dealt with as a separate statement of account. |
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Taxation |
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No liability to Corporation tax arose in the year ending 30th April 2024 nor in the year ending 30 April 2023 |
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2 |
Cash at bank |
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The cash balance of service charge funds held in trust are not included in the accounts of the company. The cash service charge fund balance at 30th April 2024 was £5,794 (2023 £4,579) |
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3 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
- |
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- |
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4 |
Other information |
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Westfield Point Phase 2 Management Company Limited is a private company limited by guarantee and incorporated in England. Its registered office is: |
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29 St Annes Rd West |
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Lytham St Annes |
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Lancs |
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FY8 1SB |