Bunwell Management Limited - Period Ending 2025-03-31

Registration number: 05746080

Bunwell Management Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

Bunwell Management Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 4

Bunwell Management Limited

Registration number: 05746080

Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Current assets
Debtors	4	240	187
Cash at bank and in hand		16,394	14,720
		16,634	14,907
Creditors: Amounts falling due within one year	5	(1,103)	(975)
Net assets		15,531	13,932
Reserves
Other reserves		4,201	3,951
Retained earnings		11,330	9,981
Surplus		15,531	13,932

The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.

Bunwell Management Limited

Registration number: 05746080

Balance Sheet as at 31 March 2025 (continued)

For the financial year ending 31 March 2025 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income and Expenditure Account.

Approved and authorised by the Board on 18 December 2025 and signed on its behalf by:

A P Brooks
Director

Bunwell Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
5 Market Place
Wymondham
Norfolk
NR18 0AG
England

2	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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the service charges in respect of the property managed by the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Bunwell Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Reserves

The reserve fund has been established to provide funds to meet the costs of major repairs.

Any shortfall in the general reserves resulting from expenditure incurred will be recharged to the owners.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 6).

4

Debtors

Current	2025 £	2024 £
Prepayments	240	151
Other debtors	-	36
	240	187

5

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		104	17
Accrued expenses		996	955
Amounts received in advance		3	3
		1,103	975