Company registration number:
3763441
Weston Sands Estate Management Company Ltd
Company limited by guarantee
Unaudited filleted financial statements
30 April 2026
Weston Sands Estate Management Company Ltd
Company limited by guarantee
Statement of financial position
30 April 2026
|
|
|
2026 |
|
|
|
2025 |
|
|
|
|
Note |
£ |
|
£ |
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
|
Debtors |
|
5 |
3,195 |
|
|
|
1,689 |
|
|
|
Cash at bank and in hand |
|
|
183,875 |
|
|
|
184,756 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
187,070 |
|
|
|
186,445 |
|
|
|
Creditors: amounts falling due |
|
|
|
|
|
|
|
|
|
|
within one year |
|
6 |
(
40,252) |
|
|
|
(
23,174) |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
Net current assets |
|
|
|
|
146,818 |
|
|
|
163,271 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Total assets less current liabilities |
|
|
|
|
146,818 |
|
|
|
163,271 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Net assets |
|
|
|
|
146,818 |
|
|
|
163,271 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
|
|
|
|
|
|
|
Rentcharge reserve fund |
|
|
|
|
999
|
|
|
|
962
|
|
Sinking fund |
|
|
|
|
145,819 |
|
|
|
162,309 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
Members funds |
|
|
|
|
146,818 |
|
|
|
163,271 |
|
|
|
|
|
_______ |
|
|
|
_______ |
|
|
|
|
|
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|
For the year ending 30 April 2026 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 financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
30 September 2026
, and are signed on behalf of the board by:
J Collins
Director
Company registration number:
3763441
Weston Sands Estate Management Company Ltd
Company limited by guarantee
Statement of changes in equity
Year ended 30 April 2026
|
|
|
Rentcharge reserve fund |
|
Sinking fund |
Total |
|
|
|
|
|
|
|
£ |
|
£ |
£ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At 1 May 2024 |
|
|
925
|
|
143,814 |
144,739 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss)/profit for the year |
|
|
|
|
18,495 |
18,495 |
|
|
|
|
|
|
|
_______ |
|
_______ |
_______ |
|
|
|
|
|
Total comprehensive income for the year |
|
|
- |
|
18,495 |
18,495 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rentcharge reserve fund movement |
|
|
37 |
|
- |
37
|
|
|
|
|
|
|
|
_______ |
|
_______ |
_______ |
|
|
|
|
|
Total reserve fund movements |
|
|
37
|
|
- |
37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
_______ |
_______ |
|
|
|
|
|
At 30 April 2025 and 1 May 2025 |
|
|
962
|
|
162,309 |
163,271 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss)/profit for the year |
|
|
|
|
(
16,490) |
(
16,490) |
|
|
|
|
|
|
|
_______ |
|
_______ |
_______ |
|
|
|
|
|
Total comprehensive income for the year |
|
|
- |
|
(
16,490) |
(
16,490) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rentcharge reserve fund movement |
|
|
37
|
|
- |
37
|
|
|
|
|
|
|
|
_______ |
|
_______ |
_______ |
|
|
|
|
|
Total reserve fund movements |
|
|
37
|
|
- |
37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
_______ |
_______ |
|
|
|
|
|
At 30 April 2026 |
|
|
999
|
|
145,819 |
146,818 |
|
|
|
|
|
|
|
_______ |
|
_______ |
_______ |
|
|
|
|
|
|
|
|
|
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Weston Sands Estate Management Company Ltd
Company limited by guarantee
Notes to the financial statements
Year ended 30 April 2026
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 15a Waterloo Street, Weston-Super-Mare, BS23 1LA.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income
Income is measured at the fair value of service charge income receivable during the year.
Taxation
The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on investment income for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable.
4.
Limited by guarantee
The company is limited by guarantee. In the event of the company being wound up, the liability of each member is limited to £1.
5.
Debtors
|
|
|
2026 |
2025 |
|
|
|
£ |
£ |
|
Prepayments and accrued income |
|
3,195 |
1,689 |
|
|
|
_______ |
_______ |
|
|
|
|
|
6.
Creditors: amounts falling due within one year
|
|
|
2026 |
2025 |
|
|
|
£ |
£ |
|
Trade creditors |
|
12,330 |
312 |
|
Members contributions |
|
25,608 |
20,281 |
|
Corporation tax |
|
339 |
438 |
|
Social security and other taxes |
|
20 |
20 |
|
Accruals |
|
1,955 |
2,123 |
|
|
|
_______ |
_______ |
|
|
|
40,252 |
23,174 |
|
|
|
_______ |
_______ |
|
|
|
|
|