Manor Way Residents Association Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02153474 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2020

for

Manor Way Residents Association Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D S Malcolm

D Bays

Gp Capt. E R Cox

Ms S L Magerfleisch

O Runsewe

REGISTERED OFFICE:

10 Old Manor Way

Chislehurst

Kent

BR7 5XS

REGISTERED NUMBER:

02153474 (England and Wales)

ACCOUNTANTS:

Bells Accountants

10a High Street

Chislehurst

Kent

BR7 5AN

FIXED ASSETS

Tangible assets

4

1

1

CURRENT ASSETS

Debtors

5

104

104

Cash at bank

3,221

2,207

3,325

2,311

CREDITORS

Amounts falling due within one year

6

471

801

NET CURRENT ASSETS

2,854

1,510

TOTAL ASSETS LESS CURRENT LIABILITIES

2,855

1,511

CAPITAL AND RESERVES

Called up share capital

21

21

Retained earnings

2,834

1,490

2,855

1,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 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 profit or loss 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 and authorised for issue on 21 October 2020 and were signed on its behalf by:

D S Malcolm - Director

1.	STATUTORY INFORMATION

Manor Way Residents Association 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 September 2019

and 31 August 2020

1

NET BOOK VALUE

At 31 August 2020

1

At 31 August 2019

1

The Knoll (Land Registry title number SGL 432663) is a woodland area located at Old Manor Way, Chislehurst,

Kent BR7 5XS. It is bounded by Elmstead Lane, Old Manor Way, and the footpath that leads from Elmstead Lane to

Old Manor Way.

Manor Way Residents Association Limited (MWRA) acquired the Knoll on 16th April, 1992 when ownership was

transferred at nominal value from Wards Construction (Medway) Limited, the company that developed the site, and

built the houses which became Old Manor Way.

To develop Old Manor Way, Wards were required to ensure that the Knoll would be maintained going forward.

MWRA was created by Wards as a vehicle to own the Knoll, and ownership of MWRA is tied to ownership of the

houses in Old Manor Way.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Other debtors

104

104

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Other creditors

471

801

7.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party