Waterloo Court Management Company Limited

Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Waterloo Court Management Company Limited for the year ended 31 December 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Waterloo Court Management Company Limited for the year ended 31 December 2021 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/

This report is made solely to the Board of Directors of Waterloo Court Management Company Limited, as a body, in accordance with the terms of our engagement letter dated 8 February 2018. Our work has been undertaken solely to prepare for your approval the accounts of Waterloo Court Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Waterloo Court Management Company Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Waterloo Court Management Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Waterloo Court Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Waterloo Court Management Company Limited. You consider that Waterloo Court Management Company 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 accounts of Waterloo Court Management Company 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 accounts.

Cloud Accountancy Limited Member in Practice 5 Park Crescent Retford Notts DN22 6UF 28 July 2022

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Waterloo Court Management Company Limited Statement of financial position as at 31 December 2021

2021

2020

Notes

Current assets

Debtors

9,762

6,173

Cash at bank and in hand

520

562

10,282

6,735

Creditors: amounts falling due within one year

(10,276)

(6,729)

Net current assets

Net assets

Capital and reserves

Called up share capital

Shareholders' funds

For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the Board and authorised for issue on 3 August 2022 and were signed on its behalf by

Jonathan David Halsall Director Company Registration No. 06695928

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Waterloo Court Management Company Limited Notes to the Accounts for the year ended 31 December 2021

Statutory information

Waterloo Court Management Company Limited is a private company, limited by shares, registered in England and Wales, registration number 06695928. The registered office is 38 Rupert Road, Ilkley, LS29 0AQ.

Compliance with accounting standards

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods and direct services is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Debtors: amounts falling due within one year

2021

2020

VAT

1,586

1,063

Trade debtors

2,269

1,946

Accrued income and prepayments

5,902

3,159

Other debtors

9,762

6,173

Creditors: amounts falling due within one year

2021

2020

Trade creditors

8,189

4,159

Other creditors

Accruals

1,082

1,577

Deferred income

1,004

993

10,276

6,729

Average number of employees

During the year the average number of employees was 0 (2020: 0).

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