Wades Mews Management Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04281090 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2019

for

Wades Mews Management Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

D Z Szabo

Ms L Benham

SECRETARY:

Ms I D Mortemore

REGISTERED OFFICE:

c/o Mortemore Mackay

19 The Grangeway

Grange Park

London

N21 2HD

REGISTERED NUMBER:

04281090 (England and Wales)

ACCOUNTANTS:

Hall & Co Accountancy Ltd

Unit 96

The Maltings Business Centre

The Maltings

Stanstead Abbotts

Hertfordshire

SG12 8HG

FIXED ASSETS

Tangible assets

4

5,600

5,600

CURRENT ASSETS

Debtors

5

6,312

4,694

Cash at bank

14,990

10,769

21,302

15,463

CREDITORS

Amounts falling due within one year

6

4,996

4,496

NET CURRENT ASSETS

16,306

10,967

TOTAL ASSETS LESS CURRENT LIABILITIES

21,906

16,567

CREDITORS

Amounts falling due after more than one year

7

25,608

25,608

NET LIABILITIES

(3,702

)

(9,041

)

RESERVES

Income and expenditure account

(3,702

)

(9,041

)

(3,702

)

(9,041

)

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 26 February 2020 and were signed on its behalf by:

D Z Szabo - Director

1.	STATUTORY INFORMATION

Wades Mews Management Company 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.

Turnover

Turnover represents service charges receivable

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

in accordance with the property

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2019

and 31 December 2019

5,600

NET BOOK VALUE

At 31 December 2019

5,600

At 31 December 2018

5,600

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Service charges in arrears

4,700

3,133

Prepayments

1,612

1,561

6,312

4,694

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Service charges in advance

217

-

Tax

8

3

Accrued expenses

4,771

4,493

4,996

4,496

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.19

31.12.18

£

£

Other creditors

25,608

25,608

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006,

the company is only required to file a Balance Sheet. Readers are cautioned that the Income

Statement and certain other primary statements and the Report of the Directors are not

required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Wades Mews Management Company Limited for the year ended

31 December 2019 which comprise the Income Statement, Balance Sheet and the related notes from

the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Wades Mews Management Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wades Mews Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Wades Mews Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wades Mews Management Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Wades Mews Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wades Mews Management Company Limited. You consider that Wades Mews Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Wades Mews Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hall & Co Accountancy Ltd

Unit 96

The Maltings Business Centre

The Maltings

Stanstead Abbotts

Hertfordshire

SG12 8HG

26 February 2020