Worthylane Property Management Limited - Accounts to registrar (filleted) - small 18.2

Worthylane Property Management Limited - Accounts to registrar (filleted) - small 18.2

WORTHYLANE PROPERTY MANAGEMENT LIMITED - Company Information

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REGISTERED NUMBER: 01731269 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

WORTHYLANE PROPERTY MANAGEMENT LIMITED








WORTHYLANE PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 01731269)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WORTHYLANE PROPERTY MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2019







DIRECTOR: Mr D Denny





SECRETARY: Evolve Block & Estate Management Limited





REGISTERED OFFICE: 24A Southampton Road
Ringwood
Hampshire
BH24 1HY





REGISTERED NUMBER: 01731269 (England and Wales)





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WORTHYLANE PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 01731269)

BALANCE SHEET
31 DECEMBER 2019

2019 2018
Notes £    £   
CURRENT ASSETS
Debtors 5 25,258 23,582
Cash at bank and in hand 1,790 3,565
27,048 27,147
CREDITORS
Amounts falling due within one year 6 2,167 2,570
NET CURRENT ASSETS 24,881 24,577
TOTAL ASSETS LESS CURRENT LIABILITIES 24,881 24,577

CAPITAL AND RESERVES
Called up share capital 7 108 108
Retained earnings 24,773 24,469
SHAREHOLDERS' FUNDS 24,881 24,577

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 director acknowledges his 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 director and authorised for issue on 9 October 2020 and were signed by:





Mr D Denny - Director


The notes form part of these financial statements

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WORTHYLANE PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 01731269)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019


1. STATUTORY INFORMATION

Worthylane Property Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is the value of management charges receivable for the maintenance of Eleanor Court.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 24,731 23,040
Prepayments 527 542
25,258 23,582

Included in other debtors is £527 (2018: £542) in relation to prepayments and accrued income.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors 487 475
Directors' current accounts 180 120
Accrued expenses 1,500 1,975
2,167 2,570

Included in other creditors is £1,500 (2018: £1,975) in relation to accruals and deferred income.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2019 2018
value: £    £   
108 Ordinary £1 108 108

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