Chepstow House Management Company Limite - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02436060 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

FOR

CHEPSTOW HOUSE MANAGEMENT COMPANY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K A Bland

B H Braid

M R H Brown

B Hilton

T P Hodgson

Ms S L Hodgson

REGISTERED OFFICE:

Corner House

Brook Lane

Alderley Edge

Cheshire

SK9 7QQ

REGISTERED NUMBER:

02436060 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

4

2,002

2,002

CURRENT ASSETS

Debtors

5

15,807

13,932

Cash at bank

233,027

233,027

248,834

246,959

CREDITORS

Amounts falling due within one year

6

2,509

1,361

NET CURRENT ASSETS

246,325

245,598

TOTAL ASSETS LESS CURRENT LIABILITIES

248,327

247,600

CAPITAL AND RESERVES

Called up share capital

77

77

Retained earnings

248,250

247,523

248,327

247,600

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 22 September 2021 and were signed on its behalf by:

B H Braid - Director

1.	STATUTORY INFORMATION

Chepstow House Management Company 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2020

and 28 February 2021

2,000

32,049

34,049

DEPRECIATION

At 1 March 2020

and 28 February 2021

-

32,047

32,047

NET BOOK VALUE

At 28 February 2021

2,000

2

2,002

At 29 February 2020

2,000

2

2,002

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/21

29/2/20

£

£

Other debtors

15,807

13,932

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/21

29/2/20

£

£

Taxation and social security

845

417

Other creditors

1,664

944

2,509

1,361