Lee Court (Bristol) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06326021 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2019

for

Lee Court (Bristol) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E F G Massingham

R Massingham

REGISTERED OFFICE:

1 Park Grove

Westbury Park

Bristol

BS6 7XB

REGISTERED NUMBER:

06326021 (England and Wales)

ACCOUNTANTS:

Moore

Chartered Accountants

30 Gay Street

Bath

BA1 2PA

CURRENT ASSETS

Cash at bank

13,098

12,810

CREDITORS

Amounts falling due within one year

3

12,990

12,702

NET CURRENT ASSETS

108

108

TOTAL ASSETS LESS CURRENT LIABILITIES

108

108

RESERVES

Income and expenditure account

108

108

108

108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 19 March 2020 and were signed on its behalf by:

R Massingham - Director

Mrs E F G Massingham - Director

1.	STATUTORY INFORMATION

Lee Court (Bristol) Limited is a private company, limited by guarantee , registered in England and

Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive income

or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Other creditors

12,990

12,702

4.	TRUST ACCOUNT

Recent guidance has been issued on the preparation of financial statements for property

management companies where the company owns the freehold of a block of flats and is the

landlord for the purposes of the purposes of the 1985 Landlord and Tenant Act.

The management company does not own the transactions relating to service charge expenditure

and the collection of monies from the tenant leaseholders because under Section 42 of the Landlord

and Tenant Act 1987 service charges are regarded as trust funds.

Accordingly a summary of transactions in respect of those trust funds is set out below:-

2019

2018

Service charges collected

3,600

3,600

Lighting

192

193

Insurance

725

675

Repairs and maintenance

1,133

457

Gardening

400

440

Accountancy charges

384

384

Sundry expenses

13

-

Bank charges

60

60

2,907

2,209

Surplus (Deficit) for the year

693

1,391

Surplus at 31 December 2018

11,962

10,571

Surplus at 31 December 2019

12,655

11,962

Represented by:-

Cash held by the company

12,989

12,702

Sundry debtors - prepayments

670

648

Amounts owing

(1,004

)

(1,388

)

12,655

11,962