Church House (Bristol) Management Company Limited
Church House (Bristol) Management Company Limited
Registered number: 04144499
Unaudited Financial Statements
For The Year Ended
31 August 2020
Raymarsh Ford Limited
Chartered Accountants
41 High Street
Kingswood
Bristol
Gloucestershire
BS15 4AA
Church House (Bristol) Management Company Limited
Unaudited Financial Statements
For The Year Ended
31 August 2020
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
Church House (Bristol) Management Company Limited
Balance Sheet
As at
31 August 2020
Balance Sheet
Registered number:
04144499
For the year ending 31 August 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 3 |
|
|
||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| Creditors: Amounts Falling Due Within One Year | 4 |
( |
( |
||
| NET CURRENT ASSETS (LIABILITIES) |
|
|
|||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
| NET ASSETS |
|
|
|||
| RESERVES | |||||
| Other reserves |
|
|
|||
| Income and Expenditure Account |
|
|
|||
| MEMBERS' FUNDS | 9,279 | 7,945 | |||
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
|
Director
|
|
|
The notes on page 2 form part of these financial statements.
Page 1
Church House (Bristol) Management Company Limited
Notes to the Financial Statements
For The Year Ended
31 August 2020
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover relates to the service charges levied to the leaseholders on a monthly basis and accumulated over the accounting period. No invoices are raised but the service charge is based on a budget agreed with the leaseholders.
1.3.
Bank interest received
Service charge monies held on trust in accordance with section 42, Landlord and Tenant Act 1987. Interest earned on service charge monies held on deposit is taxable at the basic rate of income tax, subject to a dispensation offered by HM Revenue & Customs to waive this requirement.
1.4.
Bank accounts
Service charge monies were held in trust in two separate bank accounts being:
Lloyds Bank PLC, Milton Keynes under the title HEMLTD - CLIENT2 - CHURCHHSEBRSTLMGMTCOLTD (ACCOUNT NUMBER 02055401; and
Bath Investment & Building Society, 15 Queens Square, Bath BA1 2HN under the title Church House, Bristol (account no. 43101193).
1.5.
Accounts preparation
The accounts are prepared in accordance with the provisions of the lease and on an accruals basis.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2019: 1)
3.
Debtors
| 2020 | 2019 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Prepayments and accrued income |
|
|
|
|
|
|
||
4.
Creditors: Amounts Falling Due Within One Year
| 2020 | 2019 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
|
|
|
| Payments in advance |
|
|
|
| Accruals and deferred income |
|
|
|
|
|
|
||
5.
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
6.
General Information
Church House (Bristol) Management Company Limited
is a private company, limited by guarantee, incorporated in England & Wales, registered number
04144499
. The registered office is 5 Grove Road, Redland, Bristol, BS6 6UJ.
Page 2