Waterloo Apartments (Leeds) Man Co Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 04776289 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2022

FOR

WATERLOO APARTMENTS (LEEDS) MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr T M J Hodgson

Mr T Milnes

Mr R G Tennant

REGISTERED OFFICE:

1 Dock Street

Leeds

West Yorkshire

LS10 1NA

REGISTERED NUMBER:

04776289 (England and Wales)

ACCOUNTANTS:

Fortus North Limited

Business Advisors & Accountants

5&6 Manor Court

Manor Garth

Scarborough

North Yorkshire

YO11 3TU

CURRENT ASSETS

Debtors

4

1,407

2,852

Cash at bank

44,562

43,500

45,969

46,352

CREDITORS

Amounts falling due within one year

5

9,159

4,738

NET CURRENT ASSETS

36,810

41,614

TOTAL ASSETS LESS CURRENT LIABILITIES

36,810

41,614

RESERVES

Reserve fund

6

13,440

28,464

Income and expenditure account

6

23,370

13,150

36,810

41,614

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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 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 12 October 2022 and were signed on its behalf by:

Mr T M J Hodgson - Director

1.	STATUTORY INFORMATION

Waterloo Apartments (Leeds) Management 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.

Turnover

Turnover represents service charges invoiced during the period.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Amounts due from tenants

1,407

2,524

Prepayments

-

328

1,407

2,852

All service charges due were collected shortly after the year end.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other creditors

8,385

3,988

Accrued expenses

774

750

9,159

4,738

6.

RESERVES

Income

and

expenditure

Reserve

account

fund

Totals

£

£

£

At 1 June 2021

13,150

28,464

41,614

Surplus for the year

10,220

10,220

Expenditure (replacement carpets)

-

(15,024

)

(15,024

)

At 31 May 2022

23,370

13,440

36,810