Registered number
05647787
WINDWARD ROAD (BOSHAM) MANAGEMENT COMPANY LIMITED
Filleted Accounts
31 December 2024
WINDWARD ROAD (BOSHAM) MANAGEMENT COMPANY LIMITED
Registered number: 05647787
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 11,949 10,584
Creditors: amounts falling due within one year 3 (915) (150)
Net current assets 11,034 10,434
Total assets less current liabilities 11,034 10,434
Provisions for liabilities (9,092) (9,092)
Net assets 1,942 1,342
Capital and reserves
Called up share capital 5 190 190
Profit and loss account 1,752 1,152
Shareholders' funds 1,942 1,342
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.
Mr B Easton
Director
Approved by the board on 4 March 2025
WINDWARD ROAD (BOSHAM) MANAGEMENT COMPANY LIMITED
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons, including directors, employed by the company 3 3
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 915 150
4 Provisions for liabilities 2024 2023
£ £
Brought forward 9,092 9,092
9,092 9,092
The provision is to cover the cost of ongoing work for the shared areas including the
replacement cost of the waste pump and resurfacing of tarmac areas.
5 Called up share capital
2024 2023 2024 2023
Number Number £ £
Ordinary share capital
Issued and fully paid
Ordinary A of £10 each 3 3 30 30
Ordinary B of £10 each 16 16 160 160
19 19 190 190
6 Controlling party
The company is controlled by Mr B Easton by virtue of his shareholding in the company.
7 Other information
WINDWARD ROAD (BOSHAM) MANAGEMENT COMPANY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
1st Floor
119 High Street
Selsey
West Sussex
PO20 0QB
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