Watton House Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02180132 (England and Wales)

WATTON HOUSE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Keeling

P Stavrinos

Mrs H M Smith

J Humphreys

D Ade

SECRETARY:

G S Bayford

REGISTERED OFFICE:

14 Watton House

Ware Road

Watton-at-Stone

Hertfordshire

SG14 3NZ

REGISTERED NUMBER:

02180132 (England and Wales)

ACCOUNTANTS:

Brindley Jacob

Chartered Accountants

167 Turners Hill

Cheshunt

Hertfordshire

EN8 9BH

BANKERS:

The co-operative bank

CURRENT ASSETS

Debtors

4

3,710

2,220

Cash at bank and in hand

20,160

13,363

23,870

15,583

CREDITORS

Amounts falling due within one year

5

2,526

1,470

NET CURRENT ASSETS

21,344

14,113

TOTAL ASSETS LESS CURRENT LIABILITIES

21,344

14,113

CAPITAL AND RESERVES

Called up share capital

350

350

Sink Fund

9,383

5,008

Retained earnings

11,611

8,755

SHAREHOLDERS' FUNDS

21,344

14,113

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 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 1 March 2021 and were signed on its behalf by:

J Humphreys - Director

S Keeling - Director

1.	STATUTORY INFORMATION

Watton House 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 represents approved contributions due from the members of the company.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2019 - 6 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Trade debtors

1,481

-

Prepayments

2,229

2,220

3,710

2,220

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Trade creditors

1,406

1,056

Accrued expenses

1,120

414

2,526

1,470

6.

RESERVES

The sink fund represents a reserve created for the benefit of the apartments to act as a contingency fund against

future maintenance.