Joyford Passage RTM Company Limited - Limited company accounts 20.1

REGISTERED NUMBER: 08846793 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 JANUARY 2021

FOR

JOYFORD PASSAGE RTM COMPANY LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

G V Steinham

Mrs S A Pendry

A E Brookes

Mrs J Roberts

Mrs K L Whitelow

J D Harris

Miss R L Cochrane

SECRETARY:

Mrs S A Pendry

REGISTERED OFFICE:

Avalon

Stanley Road

Cheltenham

Gloucestershire

GL52 6PB

REGISTERED NUMBER:

08846793 (England and Wales)

ACCOUNTANTS:

Devereux & Co

3 Court Mews

268 London Road

Charlton Kings

Cheltenham

Gloucestershire

GL52 6HS

The directors present their report with the financial statements of the company for the year ended 1 January 2021.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of residents property management.

DIRECTORS

The directors shown below have held office during the whole of the period from 2 January 2020 to the date of this report.

G V Steinham

Mrs S A Pendry

A E Brookes

Mrs J Roberts

Mrs K L Whitelow

J D Harris

Other changes in directors holding office are as follows:

Miss R L Cochrane was appointed as a director after 1 January 2021 but prior to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs S A Pendry - Secretary

17 March 2021

TURNOVER

-

Administrative expenses

6,146

6,124

(6,146

)

(6,124

)

Other operating income

5,950

5,160

OPERATING DEFICIT and

DEFICIT BEFORE TAXATION

(196

)

(964

)

Tax on deficit

-

DEFICIT FOR THE FINANCIAL YEAR

(196

)

(964

)

CURRENT ASSETS

Debtors

4

60

200

Cash at bank

5,702

5,748

5,762

5,948

CREDITORS

Amounts falling due within one year

5

754

744

NET CURRENT ASSETS

5,008

5,204

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,008

5,204

RESERVES

Income and expenditure account

5,008

5,204

5,008

5,204

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 1 January 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 1 January 2021 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2021 and were signed on its behalf by:

Mrs S A Pendry - Director

G V Steinham - Director

1.	STATUTORY INFORMATION

Joyford Passage RTM Company Limited 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

Other debtors

60

200

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

Other creditors

754

744