| 29 EVERSFIELD PLACE ( MANAGEMENT COMPANY) LIMITED |
| Registered number: |
05101319 |
| Balance Sheet |
| as at 30 April 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
15,637 |
|
|
14,541 |
| Cash at bank and in hand |
|
|
4,860 |
|
|
4,296 |
|
|
|
20,497 |
|
|
18,837 |
|
| Creditors: amounts falling due within one year |
4 |
|
(19,841) |
|
|
(18,181) |
|
| Net current assets |
|
|
|
656 |
|
|
656 |
|
| Net assets |
|
|
|
656 |
|
|
656 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
6 |
|
|
6 |
| Profit and loss account |
|
|
|
650 |
|
|
650 |
|
| Shareholders' funds |
|
|
|
656 |
|
|
656 |
|
|
|
|
|
|
|
|
| The director is 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 director acknowledges his 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. |
|
|
|
|
| S Raisinghani |
| Director |
| Approved by the board on 9 April 2022 |
|
| 29 EVERSFIELD PLACE ( MANAGEMENT COMPANY) LIMITED |
| Notes to the Accounts |
| for the year ended 30 April 2021 |
|
|
| 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). |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2021 |
|
2020 |
| £ |
£ |
|
|
Trade debtors |
10,856 |
|
9,066 |
|
Sinking Fund (see note 5 below ) |
|
2,162 |
|
2,856 |
|
Other debtors |
2,619 |
|
2,619 |
|
|
|
|
|
|
15,637 |
|
14,541 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Bank loans and overdrafts |
7 |
|
- |
|
Trade creditors |
19,042 |
|
17,390 |
|
Other creditors |
792 |
|
791 |
|
|
|
|
|
|
19,841 |
|
18,181 |
|
|
|
|
|
|
|
|
|
| 5 |
Sinking Fund |
|
|
Balance B/Fwd 01 May 2020 |
(2,856) |
|
(2,177) |
|
Income during the year |
5,807 |
|
4,557 |
|
Outgoing during the year |
(5,113) |
|
(5,236) |
|
Balance C/Fwd 30 April 2021 |
(2,162) |
|
(2,856) |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Related Party transactions |
|
| A |
The company was under the control of Mr S Raisinghani, a director, throughout the year. |
|
| B |
At the year end, Mr S Raisinghani owed £2,038 (2020 - £2,038) to the company and is disclosed under other debtors in note 3 above |
|
| C |
At the year end, Futurecourt Investments Ltd, a company in which Mr Sanjay Raisinghani is also a Director, held 1 flat and was allocated with 1 shares in 29 Eversfield Place (Management company) Ltd. The balance outstanding from Futurecourt Investments Ltd at 30 April 2021 was £8,142 (2020 : £7,299) and is disclosed under trade debtors in note 3 above. |
|
| D |
At the year end, an amount of £18,735 (2020 - £16,922) was owed to Futurecourt Developments Limited, a company in which Mr Raisinghani is also a Director. This amount is disclosed as trade creditors in note 4 above. |
|
|
| 7 |
Other information |
|
|
29 EVERSFIELD PLACE ( MANAGEMENT COMPANY) LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
309 Hoe Street |
|
Walthamstow |
|
London |
|
E17 9BG |
