L.H. Management Company Limited - Accounts to registrar (filleted) - small 18.2

L.H. Management Company Limited - Accounts to registrar (filleted) - small 18.2

L.H. MANAGEMENT COMPANY LIMITED - Company Information

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REGISTERED NUMBER: 01554344 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2020

for

L.H. Management Company Limited
L.H. Management Company Limited (Registered number: 01554344)






Contents of the Financial Statements
for the Year Ended 31 December 2020




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


L.H. Management Company Limited

Company Information
for the Year Ended 31 December 2020







DIRECTORS: Mr A R Hampson
Mr K G Rose





SECRETARY: Mr A R Hampson





REGISTERED OFFICE: 35 Hall Pool Drive
Offerton
Stockport
Cheshire
SK2 5ED





REGISTERED NUMBER: 01554344 (England and Wales)





ACCOUNTANTS: Robert Hayden & Co
195 Bramhall Lane
Stockport
Cheshire
SK2 6JA
Page 1
L.H. Management Company Limited (Registered number: 01554344)

Statement of Financial Position
31 December 2020

31.12.20 31.12.19
Notes £    £   
CURRENT ASSETS
Debtors 4 8,926 7,146
Cash at bank and in hand 95,661 111,614
104,587 118,760
CREDITORS
Amounts falling due within one year 5 15,482 19,373
NET CURRENT ASSETS 89,105 99,387
TOTAL ASSETS LESS CURRENT
LIABILITIES
89,105
99,387

CAPITAL AND RESERVES
Called up share capital 28 28
Repairs reserve 6 89,077 99,359
89,105 99,387

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 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 notes form part of these financial statements

Page 2 continued...
L.H. Management Company Limited (Registered number: 01554344)

Statement of Financial Position - continued
31 December 2020


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 9 September 2021 and were signed on its behalf by:





Mr A R Hampson - Director


The notes form part of these financial statements

Page 3
L.H. Management Company Limited (Registered number: 01554344)

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

1. STATUTORY INFORMATION

L.H. 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the service charges due for the year.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2019 - NIL).

Page 4 continued...
L.H. Management Company Limited (Registered number: 01554344)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2020

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
£    £   
Trade debtors 2,498 2,130
Other debtors 6,428 5,016
8,926 7,146

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
£    £   
Taxation and social security 198 187
Other creditors 15,284 19,186
15,482 19,373

6. RESERVES
Retained Repairs
earnings reserve Totals
£    £    £   

At 1 January 2020 - 99,359 99,359
Deficit for the year (10,282 ) (10,282 )
Reserve transfer 10,282 (10,282 ) -
At 31 December 2020 - 89,077 89,077

7. RELATED PARTY DISCLOSURES

Mr A R Hampson, a director of the company, is also a director of Michamy Limited a company which provided management services to the company amounting to £6,006 during the year (2019 £6,542).

Page 5