Hughenden Court Management Co Ltd - Period Ending 2020-12-31

Hughenden Court Management Co Ltd

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 6

Hughenden Court Management Co Ltd

Company Information

Directors

Mrs K W Groves Mrs S Leigh-Quine

Company secretary

Mr KDI Simmen

Registered office

3 Manor Courtyard Hughenden Avenue High Wycombe Buckinghamshire HP13 5RE

Accountants

Cannon Moorcroft Limited Chartered Accountants 3 Manor Courtyard Hughenden Avenue High Wycombe Buckinghamshire HP13 5RE

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Hughenden Court Management Co Ltd
for the Year Ended 31 December 2020

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hughenden Court Management Co Ltd for the year ended 31 December 2020 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Hughenden Court Management Co Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Hughenden Court Management Co Ltd and state those matters that we have agreed to state to the Board of Directors of Hughenden Court Management Co Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hughenden Court Management Co Ltd and its Board of Directors as a body for our work or for this report.

We have not been instructed to carry out an audit or a review of the accounts of Hughenden Court Management Co Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Cannon Moorcroft Limited
Chartered Accountants
3 Manor Courtyard
Hughenden Avenue
High Wycombe
Buckinghamshire
HP13 5RE

16 April 2021

Hughenden Court Management Co Ltd

(Registration number: 02283548)
Balance Sheet as at 31 December 2020

	Note	2020 £	2019 £
Fixed assets
Tangible assets	4	355	355
Current assets
Debtors	5	840	4,833
Cash at bank and in hand		32,257	20,602
		33,097	25,435
Creditors: Amounts falling due within one year	6	(8,760)	(6,523)
Net current assets		24,337	18,912
Net assets		24,692	19,267
Capital and reserves
Called up share capital	7	19	19
Other reserves		10,000	5,000
Profit and loss account		14,673	14,248
Shareholders' funds		24,692	19,267

For the financial year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 16 April 2021 and signed on its behalf by:
 

.........................................

Mrs K W Groves
Director

Hughenden Court Management Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents service charges receivable during the year, net of value added tax.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	Straight line over 4 years

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2019 - 0).

Hughenden Court Management Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2020	355	4,119	4,474
At 31 December 2020	355	4,119	4,474
Depreciation
At 1 January 2020	-	4,119	4,119
At 31 December 2020	-	4,119	4,119
Carrying amount
At 31 December 2020	355	-	355
At 31 December 2019	355	-	355

5

Debtors

	2020 £	2019 £
Trade debtors	656	2,698
Prepayments	184	1,555
Other debtors	-	580
	840	4,833

6

Creditors

Creditors: amounts falling due within one year

	2020 £	2019 £
Due within one year
Trade creditors	229	1,425
Taxation and social security	703	524
Accruals and deferred income	5,408	1,000
Other creditors	2,420	3,574
	8,760	6,523

Hughenden Court Management Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020

7	Share capital

Allotted, called up and fully paid shares

	2020		2019
	No.	£	No.	£
Ordinary of £1 each	19	19	19	19