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

REGISTERED NUMBER: 02788187 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2020

for

Hosford House Residents Management

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

7

DIRECTORS:

Mr D Yates

W Wassell

J N Breen

Ms T S Noor

W R G Wood

H Wilkinson

SECRETARY:

W Wassell

REGISTERED OFFICE:

6 Hosford House

48-52 Devonshire Road

London

SE23 3SU

REGISTERED NUMBER:

02788187 (England and Wales)

ACCOUNTANTS:

Payne & Co

Chartered Accountants

16 Ingham Road

West Hampstead

London

NW6 1DE

FIXED ASSETS

Tangible assets

4

1,909

1,992

CURRENT ASSETS

Debtors

5

2,523

4,639

Cash at bank and in hand

18,165

13,468

20,688

18,107

CREDITORS

Amounts falling due within one year

6

1,376

2,519

NET CURRENT ASSETS

19,312

15,588

TOTAL ASSETS LESS CURRENT LIABILITIES

21,221

17,580

CAPITAL AND RESERVES

Called up share capital

8

8

Retained earnings

7

21,213

17,572

SHAREHOLDERS' FUNDS

21,221

17,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 19 March 2021 and were signed on its behalf by:

Mr D Yates - Director

1.	STATUTORY INFORMATION

Hosford House Residents 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.	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 represent service charges payable to the company by the shareholders.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Fixed assets are recorded at cost.

Taxation

Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rate and laws that have been enacted or substantively enacted by the reporting date.

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 6 April 2019

and 5 April 2020

4,152

DEPRECIATION

At 6 April 2019

2,160

Charge for year

83

At 5 April 2020

2,243

NET BOOK VALUE

At 5 April 2020

1,909

At 5 April 2019

1,992

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.20

5.4.19

£

£

Other debtors

2,523

4,639

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.20

5.4.19

£

£

Taxation and social security

-

106

Other creditors

1,376

2,413

1,376

2,519

7.

RESERVES

Retained

earnings

£

At 6 April 2019

17,572

Profit for the year

3,641

At 5 April 2020

21,213

8.	RELATED PARTY DISCLOSURES

Osmont

Shareholder

Service charge payable to the company during the year

Amount due to related party at balance sheet date was £NIL (2019: £125).

C Zanzico

Shareholder

Service charge payable to the company during the year

Amount due to related party at balance sheet date was £NIL (2019: £395).

JN Breen

Director and shareholder

Service charge payable to the company during the year

Amount due to related party at balance sheet date was £270 (2019: £NIL).

Wood

Director and shareholder

Service charge payable to the company during the year

Amount due to related party at balance sheet date was £500 (2019: £625).

D Yates

Director and shareholder

Service charge payable to the company during the year

Amount due to related party at balance sheet date is £25 (2019: £25).

W Wassell

Director and shareholder

Service charge payable to the company during the year

Amount due to related party at balance sheet date is £81 (2019: £206).

Randall

Shareholder

Service charge payable to the company during the year

Amount due to related party at balance sheet date is £117 (2019: £117).

H Wilkinson

Director and shareholder

Service charge payable to the company during the year

Amount due to the company by related party at balance sheet date was £842 (2019: £1,193).

A Tabelin

Shareholder

Service charge payable to the company during the year

Amount due to the company by related party at balance sheet date was £375 (2019: £2,250).

Noor

Director and shareholder

Service charge payable to the company during the year

Amount due to the company by related party at balance sheet date was £225 (2019: £225).

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hosford House Residents Management Limited for the year ended 5 April 2020 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hosford House Residents Management Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hosford House Residents Management Limited and state those matters that we have agreed to state to the Board of Directors of Hosford House Residents Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hosford House Residents Management Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hosford House Residents Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hosford House Residents Management Limited. You consider that Hosford House Residents Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hosford House Residents Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Payne & Co

Chartered Accountants

16 Ingham Road

West Hampstead

London

NW6 1DE

Date: .............................................