Norwich Court Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05947647 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 24 MARCH 2021

FOR

NORWICH COURT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R P Hook

Mr D G Jones

Ms R Pettet

Miss N De Costa

Mr C M L Purcell

SECRETARY:

Mr A J Mellery-Pratt

REGISTERED OFFICE:

10 Exeter Road

Bournemouth

Dorset

BH2 5AN

REGISTERED NUMBER:

05947647 (England and Wales)

ACCOUNTANTS:

Casson Beckman

Chartered Accountants

Suite 2B, Lynes House

Lynes Lane

High Street

Ringwood

Hampshire

BH24 1BT

CURRENT ASSETS

Debtors

4

184

5,374

CREDITORS

Amounts falling due within one year

5

1,487

6,727

NET CURRENT LIABILITIES

(1,303

)

(1,353

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,303

)

(1,353

)

CAPITAL AND RESERVES

Called up share capital

32

32

Retained earnings

(1,335

)

(1,385

)

SHAREHOLDERS' FUNDS

(1,303

)

(1,353

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 March 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 13 September 2021 and were signed on its behalf by:

Ms R Pettet - Director

1.	STATUTORY INFORMATION

Norwich Court 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.

All transactions in the year relating to the maintenance of the common areas in accordance with the lease are shown in separate service charge accounts for the property that do not form part of the annual accounts of the company and are not filed at Companies House. All service charge monies received from the residents of the property are held on trust for the residents.

At the year end the company had an overdrawn balance sheet of £1,303. The directors have agreed that the members will provide financial support to the company for the foreseeable future and at least 12 months from signing the accounts, therefore the accounts have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

184

5,374

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Owed to Service charge account

1,487

-

Members contingency fund

-

6,672

Accrued expenses

-

55

1,487

6,727

The members of the company have contributed to a contingency fund towards the costs involved in possible alterations to the freehold property. These alterations are no longer proceeding and the funds have been transferred to the service charge for use towards the construction of gates for the property.