BROMFORD (GREAT BARR) MANAGEMENT COMPANY LIMITED

BROMFORD (GREAT BARR) MANAGEMENT COMPANY LIMITED - Company Information

2021-01-012021-12-312021-12-31false01741662BROMFORD (GREAT BARR) MANAGEMENT COMPANY LIMITED2022-09-23iso4217:GBPxbrli:pure017416622021-01-01017416622021-12-31017416622021-01-012021-12-31017416622020-01-01017416622020-12-31017416622020-01-012020-12-3101741662bus:SmallEntities2021-01-012021-12-3101741662bus:AuditExempt-NoAccountantsReport2021-01-012021-12-3101741662bus:AbridgedAccounts2021-01-012021-12-3101741662bus:CompanyLimitedByGuarantee2021-01-012021-12-3101741662core:WithinOneYear2021-12-3101741662core:AfterOneYear2021-12-3101741662core:WithinOneYear2020-12-3101741662core:AfterOneYear2020-12-3101741662core:ShareCapital2021-12-3101741662core:SharePremium2021-12-3101741662core:RevaluationReserve2021-12-3101741662core:OtherReservesSubtotal2021-12-3101741662core:RetainedEarningsAccumulatedLosses2021-12-3101741662core:ShareCapital2020-12-3101741662core:SharePremium2020-12-3101741662core:RevaluationReserve2020-12-3101741662core:OtherReservesSubtotal2020-12-3101741662core:RetainedEarningsAccumulatedLosses2020-12-3101741662core:LandBuildings2021-12-3101741662core:PlantMachinery2021-12-3101741662core:Vehicles2021-12-3101741662core:FurnitureFittings2021-12-3101741662core:OfficeEquipment2021-12-3101741662core:NetGoodwill2021-12-3101741662core:IntangibleAssetsOtherThanGoodwill2021-12-3101741662core:ListedExchangeTraded2021-12-3101741662core:UnlistedNon-exchangeTraded2021-12-3101741662core:LandBuildings2020-12-3101741662core:PlantMachinery2020-12-3101741662core:Vehicles2020-12-3101741662core:FurnitureFittings2020-12-3101741662core:OfficeEquipment2020-12-3101741662core:NetGoodwill2020-12-3101741662core:IntangibleAssetsOtherThanGoodwill2020-12-3101741662core:ListedExchangeTraded2020-12-3101741662core:UnlistedNon-exchangeTraded2020-12-3101741662core:LandBuildings2021-01-012021-12-3101741662core:PlantMachinery2021-01-012021-12-3101741662core:Vehicles2021-01-012021-12-3101741662core:FurnitureFittings2021-01-012021-12-3101741662core:OfficeEquipment2021-01-012021-12-3101741662core:NetGoodwill2021-01-012021-12-3101741662core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3101741662core:ListedExchangeTraded2021-01-012021-12-3101741662core:UnlistedNon-exchangeTraded2021-01-012021-12-3101741662core:MoreThanFiveYears2021-01-012021-12-3101741662core:Non-currentFinancialInstruments2021-12-3101741662core:Non-currentFinancialInstruments2020-12-3101741662dpl:CostSales2021-01-012021-12-3101741662dpl:DistributionCosts2021-01-012021-12-3101741662dpl:AdministrativeExpenses2021-01-012021-12-3101741662core:LandBuildings2021-01-012021-12-3101741662core:PlantMachinery2021-01-012021-12-3101741662core:Vehicles2021-01-012021-12-3101741662core:FurnitureFittings2021-01-012021-12-3101741662core:OfficeEquipment2021-01-012021-12-3101741662core:NetGoodwill2021-01-012021-12-3101741662core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3101741662dpl:GroupUndertakings2021-01-012021-12-3101741662dpl:ParticipatingInterests2021-01-012021-12-3101741662dpl:GroupUndertakingscore:ListedExchangeTraded2021-01-012021-12-3101741662core:ListedExchangeTraded2021-01-012021-12-3101741662dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-01-012021-12-3101741662core:UnlistedNon-exchangeTraded2021-01-012021-12-3101741662dpl:CostSales2020-01-012020-12-3101741662dpl:DistributionCosts2020-01-012020-12-3101741662dpl:AdministrativeExpenses2020-01-012020-12-3101741662core:LandBuildings2020-01-012020-12-3101741662core:PlantMachinery2020-01-012020-12-3101741662core:Vehicles2020-01-012020-12-3101741662core:FurnitureFittings2020-01-012020-12-3101741662core:OfficeEquipment2020-01-012020-12-3101741662core:NetGoodwill2020-01-012020-12-3101741662core:IntangibleAssetsOtherThanGoodwill2020-01-012020-12-3101741662dpl:GroupUndertakings2020-01-012020-12-3101741662dpl:ParticipatingInterests2020-01-012020-12-3101741662dpl:GroupUndertakingscore:ListedExchangeTraded2020-01-012020-12-3101741662core:ListedExchangeTraded2020-01-012020-12-3101741662dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-01-012020-12-3101741662core:UnlistedNon-exchangeTraded2020-01-012020-12-3101741662core:NetGoodwill2021-12-3101741662core:IntangibleAssetsOtherThanGoodwill2021-12-3101741662core:LandBuildings2021-12-3101741662core:PlantMachinery2021-12-3101741662core:Vehicles2021-12-3101741662core:FurnitureFittings2021-12-3101741662core:OfficeEquipment2021-12-3101741662core:AfterOneYear2021-12-3101741662core:WithinOneYear2021-12-3101741662core:ListedExchangeTraded2021-12-3101741662core:UnlistedNon-exchangeTraded2021-12-3101741662core:ShareCapital2021-12-3101741662core:SharePremium2021-12-3101741662core:RevaluationReserve2021-12-3101741662core:OtherReservesSubtotal2021-12-3101741662core:RetainedEarningsAccumulatedLosses2021-12-3101741662core:NetGoodwill2020-12-3101741662core:IntangibleAssetsOtherThanGoodwill2020-12-3101741662core:LandBuildings2020-12-3101741662core:PlantMachinery2020-12-3101741662core:Vehicles2020-12-3101741662core:FurnitureFittings2020-12-3101741662core:OfficeEquipment2020-12-3101741662core:AfterOneYear2020-12-3101741662core:WithinOneYear2020-12-3101741662core:Liste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Registered Number
01741662
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2021

BROMFORD (GREAT BARR) MANAGEMENT COMPANY LIMITED

Company Information
for the year from 1 January 2021 to 31 December 2021


Directors	Mr C J Jarrett
	Mr R E Nock
	Mr B J Postans
	Mr D J Stanton


Registered Address	Featherstone Hall Farm
	New Road Featherstone
	Wolverhampton
	WV10 7NW


Registered Number	01741662 (England and Wales)

BROMFORD (GREAT BARR) MANAGEMENT COMPANY LIMITED

Balance Sheet as at
31 December 2021

	Notes	2021		2020
		£	£	£	£
Fixed assets
Tangible assets	6		485		414
			485		414
Current assets
Debtors	7	192		68
Cash at bank and on hand		19,516		13,339
		19,708		13,407
Creditors amounts falling due within one year	8	(4,299)		(1,012)
Net current assets (liabilities)			15,409		12,395
Total assets less current liabilities			15,894		12,809
Net assets			15,894		12,809
Capital and reserves
Profit and loss account			15,894		12,809
Shareholders' funds			15,894		12,809

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 23 September 2022, and are signed on its behalf by:

Mr C J Jarrett
Director
Registered Company No. 01741662

BROMFORD (GREAT BARR) MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements
for the year ended 31 December 2021

1.	Statutory information
	The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. LIMITED BY GUARANTEE The company is limited by guarantee and does not have a share capital. The liability of each member is limited to a maximum of £1. An amount equal to the guarantee has been paid into the company by each member. The total number of members at 31 December 2020 was 18.

Statutory information

The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. The liability of each member is limited to a maximum of £1. An amount equal to the guarantee has been paid into the company by each member. The total number of members at 31 December 2020 was 18.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Principal activities
	The principal activity of the company in the year under review was that of the collection of ground rents and the administration of the development. The directors will advise at the Annual General Meeting that the service charges for the year ending 31 December 2022 will be £1,440 (2021: £1,140).

4.	Accounting policies

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

	Property, plant and equipment policy
	Land and buildings is the company's freehold interest in the development. The company has granted 18 leases expiring in 2108. Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	25

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax policy
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

5.	Employee information


		2021		2020
	Average number of employees during the year	-		-

6.	Property, plant and equipment

		Total
		£
	Cost or valuation
	At 01 January 21	662
	Additions	236
	At 31 December 21	898
	Depreciation and impairment
	At 01 January 21	248
	Charge for year	165
	At 31 December 21	413
	Net book value
	At 31 December 21	485
	At 31 December 20	414

7.	Debtors

	2021	2020
	£	£
Trade debtors / trade receivables	192	68
Total	192	68


	.

8.	Creditors within one year

	2021	2020
	£	£
Other creditors	4,299	1,012
Total	4,299	1,012