Blyth Wood Park Management Company Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02291279 (England and Wales)

Financial Statements for the Year Ended 25 June 2019

for

Blyth Wood Park Management Company

Limited

02291279

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Ackroyd

Mrs M Braithwaite

W J Queen

A Harte

C Hines

SECRETARY:

Kinleigh Limited

REGISTERED OFFICE:

KFH House

5 Compton Road

Wimbledon

SW19 7QA

REGISTERED NUMBER:

02291279 (England and Wales)

AUDITORS:

Hammonds

Provident House

Burrell Row

Beckenham

Kent

BR3 1AT

CURRENT ASSETS

Debtors

4

21,217

18,947

Cash at bank

32,963

113,280

54,180

132,227

CREDITORS

Amounts falling due within one year

5

48,706

36,287

NET CURRENT ASSETS

5,474

95,940

TOTAL ASSETS LESS CURRENT LIABILITIES

5,474

95,940

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Cyclical maintenance reserve

-

89,499

Retained earnings

4,474

5,441

5,474

95,940

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 and authorised for issue on 29 May 2020 and were signed on its behalf by:

P J Ackroyd - Director

1.	STATUTORY INFORMATION

Blyth Wood Park Management Company Limited is a private company, limited by shares , 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.

Turnover

Turnover represents service charges collectable.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

25/6/19

25/6/18

£

£

Service charges receivable

-

2,217

Prepayments

19,076

14,348

BWPMC Ltd

2,141

1,908

Corporation tax overpaid

-

474

21,217

18,947

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

25/6/19

25/6/18

£

£

Trade creditors

26,858

28,843

Tax

101

9

Accruals

9,332

7,435

Service charges received in ad

12,415

-

48,706

36,287

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Geoffrey Miles FCA (Senior Statutory Auditor)

for and on behalf of Hammonds

7.	RELATED PARTY DISCLOSURES

The directors of the company are all leaseholders of properties in the block which the company

manages. As such they pay maintenance charges on the same commercial terms and conditions as all

other leaseholders. The amount of each director's maintenance charge is not considered material.

8.	CYCLICAL MAINTENANCE RESERVE

The lift maintenance work incurred expenditure of £222,461. The project is now complete.