Oak Hill Park Mews (Management) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03973773 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

FOR

OAK HILL PARK MEWS (MANAGEMENT) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R. Farr

Mr R. Aronson

Mrs V Manji

SECRETARY:

The Heathgate Group Limited

REGISTERED OFFICE:

The Heathgate Group Limited

105 Heath Street

London

NW3 6SS

REGISTERED NUMBER:

03973773 (England and Wales)

ACCOUNTANTS:

Harford Michaels Kaye Limited

Chartered Certified Accountants

2 Dancastle Court

14 Arcadia Avenue

London

N3 2JU

FIXED ASSETS

Tangible assets

4

9,463

9,463

CURRENT ASSETS

Debtors

5

2,189

1,500

Cash at bank

5,144

12,564

7,333

14,064

CREDITORS

Amounts falling due within one year

6

(5,926

)

(12,657

)

NET CURRENT ASSETS

1,407

1,407

TOTAL ASSETS LESS CURRENT LIABILITIES

10,870

10,870

CREDITORS

Amounts falling due after more than one year

7

(10,862

)

(10,862

)

NET ASSETS

8

8

CAPITAL AND RESERVES

Called up share capital

8

8

SHAREHOLDERS' FUNDS

8

8

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 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 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 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 26 April 2022 and were signed on its behalf by:

Mr R. Farr - Director

1.	STATUTORY INFORMATION

Oak Hill Park Mews (Management) 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 consists of amounts receivable from the owners of the houses to cover the expenditure related to the administration of the communual parts of the property at Oak Hill Park Mews, London, NW3 7LH.

Tangible fixed assets

No depreciation is provided on freehold land.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets or liabilities like trade debtors, other debtors, trade creditors and other creditors, loans from banks or other third parties and loans to/from related parties.

Debt instruments that constitute a financing transaction are initially measured at fair value of future payments and subsequently at amortised cost using the effective interest method. Debt instruments which are payable or receivable within one year such as trade debtors or trade creditors are measured, initially and subsequently at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit & loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 August 2020

and 31 July 2021

9,463

NET BOOK VALUE

At 31 July 2021

9,463

At 31 July 2020

9,463

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts payable by house owners: service charge arrears

-

1,500

Amounts repayable re: excess

of expenses over income

2,178

-

Prepayments and accrued income

11

-

2,189

1,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts payable re: excess of income over expenses

-

7,387

Directors' current accounts

25

25

Accruals and deferred income

5,901

5,245

5,926

12,657

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Amounts due to house owners

10,862

10,862

The loans are interest free and are repayable in more than 5 years.

8.	RELATED PARTY DISCLOSURES

As at the balance sheet date, Mr R. Farr was owed £25 by the company (2020 - £25).