| Merryvale Court Limited |
| Registered number: |
05881665 |
| Balance Sheet |
| as at 31 July 2022 |
|
| Notes |
|
|
2022 |
|
|
2021 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
21,279 |
|
|
21,279 |
|
| Current assets |
| Debtors |
4 |
|
944 |
|
|
786 |
| Cash at bank and in hand |
|
|
8,610 |
|
|
8,501 |
|
|
|
9,554 |
|
|
9,287 |
|
| Creditors: amounts falling due within one year |
5 |
|
(384) |
|
|
(915) |
|
| Net current assets |
|
|
|
9,170 |
|
|
8,372 |
|
| Net assets |
|
|
|
30,449 |
|
|
29,651 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
4 |
|
|
4 |
| Capital redemption reserve |
6 |
|
|
21,279 |
|
|
21,279 |
| Property maintenance account |
|
|
|
9,166 |
|
|
8,368 |
|
| Shareholders' funds |
|
|
|
30,449 |
|
|
29,651 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| R Moore |
| Director |
| Approved by the board on 15 November 2022 |
|
| Merryvale Court Limited |
| Notes to the Accounts |
| for the year ended 31 July 2022 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents ground rent and maintenance charges received from the residents. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
| 2 |
Employees |
2022 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 August 2021 |
21,279 |
|
At 31 July 2022 |
21,279 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 July 2022 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2022 |
21,279 |
|
At 31 July 2021 |
21,279 |
|
The fixed assets represent the historic cost of the Freehold of Merryvale Court. No depreciation is provided against this. |
|
|
| 4 |
Debtors |
2022 |
|
2021 |
| £ |
£ |
|
|
Debtors and prepayments |
944 |
|
786 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Other creditors |
384 |
|
915 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Capital redemption reserve |
2022 |
|
2021 |
| £ |
£ |
|
|
At 1 August 2021 |
21,279 |
|
21,279 |
|
|
At 31 July 2022 |
21,279 |
|
21,279 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Merryvale Court Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Merryvale Court |
|
92 Belle Vue Road |
|
Bournemouth |
|
BH6 3EL |
