Manor Farm (Coulby Newham) Management Co - Limited company accounts 20.1

REGISTERED NUMBER: 06977045 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020

FOR

MANOR FARM (COULBY NEWHAM) MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

P W Bigge

Town & City Directors Ltd

SECRETARY:

Town & City Secretaries Ltd

REGISTERED OFFICE:

9 Pioneer Court

Morton Palms

Darlington

Co. Durham

DL1 4WD

REGISTERED NUMBER:

06977045 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

The directors present their report with the financial statements of the company for the year ended 31st December 2020.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2020 to the date of this report.

P W Bigge

Town & City Directors Ltd

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

P W Bigge - Director

27th July 2021

INCOME

7,853

7,033

Service Charge expenses

8,333

7,713

OPERATING DEFICIT

(480

)

(680

)

Interest receivable and similar income

4

DEFICIT BEFORE TAXATION

(476

)

(676

)

Tax on deficit

4

-

DEFICIT FOR THE FINANCIAL YEAR

(476

)

(676

)

CURRENT ASSETS

Debtors

5

5,606

3,961

CREDITORS

Amounts falling due within one year

6

5,606

3,961

TOTAL ASSETS LESS CURRENT
LIABILITIES

-

RESERVES

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2020 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 27th July 2021 and were signed on its behalf by:

P W Bigge - Director

1.	STATUTORY INFORMATION

Manor Farm (Coulby Newham) 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.

Income

During the year the company received monies from lessees, as agent, in respect of service charges and associated income, which are held on trust and do not constitute turnover.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

31/12/20

31/12/19

£

Directors' remuneration

-

4.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 31st December 2020 nor for the year ended 31st December 2019.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/20

31/12/19

£

Other debtors

5,606

3,961

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/20

31/12/19

£

Trade creditors

3,423

2,754

Other creditors

2,183

1,207

5,606

3,961

7.

RESERVES

Income

and

expenditure

account

£

Deficit for the year

(476

)

Transfer from Service Charge Account

476

At 31st December 2020

-

8.	RELATED PARTY DISCLOSURES

The company is a mutual trading company and as such received income in the form of service charge from residents, some of whom are directors of the company. Service charges payable by the directors are on the same basis as for all of the other residents. No other transactions with related parties were undertaken such as are required to be disclosed under FRS 102.

9.	LIMITED BY GUARANTEE

The liability of the members is limited by guarantee to £1 each.