Percival Mansions Management Company Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03567168 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

PERCIVAL MANSIONS MANAGEMENT COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B Bickell

W A Shay

R T Bagilhole

SECRETARY:

W A Shay

REGISTERED OFFICE:

Carlton House

28-29 Carlton Terrace

Portslade

Brighton

East Sussex

BN41 1UR

REGISTERED NUMBER:

03567168 (England and Wales)

ACCOUNTANTS:

Haines & Co

Chartered Accountants

Carlton House

28-29 Carlton Terrace

Portslade

Brighton

BN41 1UR

FIXED ASSETS

Tangible assets

4

-

-

TOTAL ASSETS LESS CURRENT LIABILITIES

-

-

RESERVES

-

-

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 and authorised for issue on 1 February 2021 and were signed on its behalf by:

B Bickell - Director

1.	STATUTORY INFORMATION

Percival Mansions Management Company Ltd 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

The company owns the freehold interest in Percival Mansions, 7-10 Percival Terrace, Brighton, which was acquired at nil value.

5.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party as the company is effectively controlled by the 27 leaseholders.

6.	LIMITED BY GUARANTEE

The company is limited by guarantee and its members, all being lessees of the flats, have "undertaken to contribute to the assets of the company in the event of it being wound up whilst they are a member, or within one year after he ceases to be a member, for the payment of debts and liabilities of the company contracted before he ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of rights to the contributories among themselves, such amount as may be required not exceeding £1".