Beaufort Hse (Wimbledon) Freehold Co Ltd - Limited company accounts 20.1

REGISTERED NUMBER: 06642924 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 DECEMBER 2021

FOR

BEAUFORT HOUSE (WIMBLEDON)

FREEHOLD LIMITED

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

to

6

DIRECTOR:

R P Tindle

SECRETARY:

R D S Heald

REGISTERED OFFICE:

69 Victoria Road

Surbiton

Surrey

KT6 4NX

REGISTERED NUMBER:

06642924 (England and Wales)

ACCOUNTANTS:

Myrus Smith

Chartered Accountants

Norman House

8 Burnell Road

Sutton

Surrey

SM1 4BW

The director presents his report with the financial statements of the company for the year ended 24 December 2021.

DIRECTOR

R P Tindle held office during the whole of the period from 25 December 2020 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 MANAGEMENT COMMITTEE:

R P Tindle - Director

22 September 2022

TURNOVER

82

82

Administrative expenses

646

544

OPERATING LOSS

(564

)

(462

)

Interest receivable and similar income

1

7

LOSS BEFORE TAXATION

(563

)

(455

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(563

)

(455

)

FIXED ASSETS

Tangible assets

4

83,527

83,527

CURRENT ASSETS

Debtors

5

1,101

1,019

Cash at bank

7,240

7,332

8,341

8,351

CREDITORS

Amounts falling due within one year

6

3,812

3,259

NET CURRENT ASSETS

4,529

5,092

TOTAL ASSETS LESS CURRENT LIABILITIES

88,056

88,619

CAPITAL AND RESERVES

Called up share capital

7

15

15

Other reserves

8

82,700

82,700

Retained earnings

8

5,341

5,904

SHAREHOLDERS' FUNDS

88,056

88,619

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 22 September 2022 and were signed by:

R P Tindle - Director

1.	STATUTORY INFORMATION

Beaufort House (Wimbledon) Freehold 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 ground rents receivable from certain lessees.

Tangible fixed assets

Tangible fixed assets represents the cost of the freehold interest in the property Beaufort House, acquired by the company in July 2008. No depreciation is provided on the freehold interest.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairments are recognised in expenditure.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 25 December 2020

and 24 December 2021

83,527

NET BOOK VALUE

At 24 December 2021

83,527

At 24 December 2020

83,527

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

1,101

1,019

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other creditors

3,812

3,259

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

15

Ordinary

£1

15

15

8.

RESERVES

Retained

Other

earnings

reserves

Totals

£

£

£

At 25 December 2020

5,904

82,700

88,604

Deficit for the year

(563

)

-

(563

)

At 24 December 2021

5,341

82,700

88,041

The other reserves comprise the capital reserve which reflects non-returnable contributions received from the residents of Beaufort House for the acquisition of the freehold interest.