Brookmans Property Management Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07404417 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2021

for

BROOKMANS PROPERTY MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs J Patel

REGISTERED OFFICE:

Third Floor

126-134 Baker Street

London

W1U 6UE

REGISTERED NUMBER:

07404417 (England and Wales)

ACCOUNTANTS:

Butler & Co LLP

Chartered Accountants

Third Floor

126-134 Baker Street

London

W1U 6UE

FIXED ASSETS

Tangible assets

4

-

306

CURRENT ASSETS

Debtors

5

3,106

10,000

Cash at bank and in hand

221,601

196,446

224,707

206,446

CREDITORS

Amounts falling due within one year

6

12,635

9,510

NET CURRENT ASSETS

212,072

196,936

TOTAL ASSETS LESS CURRENT LIABILITIES

212,072

197,242

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

212,071

197,241

SHAREHOLDERS' FUNDS

212,072

197,242

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 authorised for issue by the director and authorised for issue on 20 December 2021 and were signed by:

Mrs J Patel - Director

1.	STATUTORY INFORMATION

Brookmans Property 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.

Going concern

The directors consider that the financial resources available to the Company are adequate to meet its operational needs for the foreseeable future or at least 12 months from the date of signature of these accounts. Accordingly, the going concern basis has been adopted in preparing these financial statements.

Since the financial year end, there are uncertainties relating to the Covid19 pandemic. The directors have analysed how the risk might affect the company's financial resource and ability to continue operations and have nothing to report in this respect. No provisions have been made in the financial statements.

Turnover

Turnover represents the the invoiced value of fees receivable. Fees receivable is recognised for the period for which it is due.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2020

and 31 March 2021

3,214

1,225

4,439

DEPRECIATION

At 1 April 2020

3,214

919

4,133

Charge for year

-

306

306

At 31 March 2021

3,214

1,225

4,439

NET BOOK VALUE

At 31 March 2021

-

-

-

At 31 March 2020

-

306

306

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

3,106

-

Other debtors

-

10,000

3,106

10,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Payments on account

500

-

Tax

4,046

8,065

Directors' current accounts

5,749

125

Accrued expenses

2,340

1,320

12,635

9,510

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 April 2020

197,241

Profit for the year

16,830

Dividends

(2,000

)

At 31 March 2021

212,071