Greenhills Management Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01904831 (England and Wales)

Financial Statements

for the Year Ended 31 December 2020

for

Greenhills Management Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K.J. Kent FCIOB, MRICS.

J.T. Kent FCIOB, MAPM

N.A.P. Kent BSc (Hons),MCIM

REGISTERED OFFICE:

1 Clockhouse

Dogflud Way

Farnham

Surrey

GU9 7UD

REGISTERED NUMBER:

01904831 (England and Wales)

ACCOUNTANTS:

Mudd Partners LLP

Chartered Accountants

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

CURRENT ASSETS

Debtors

4

764

733

Cash at bank

24,353

17,401

25,117

18,134

CREDITORS

Amounts falling due within one year

5

6,892

6,663

NET CURRENT ASSETS

18,225

11,471

TOTAL ASSETS LESS CURRENT LIABILITIES

18,225

11,471

PROVISIONS FOR LIABILITIES

17,669

10,915

NET ASSETS

556

556

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

554

554

SHAREHOLDERS' FUNDS

556

556

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 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 29 September 2021 and were signed on its behalf by:

K.J. Kent FCIOB, MRICS. - Director

1.	STATUTORY INFORMATION

Greenhills 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.

Turnover

Turnover represents management fees receivable from tenants.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2019 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Trade debtors

-

4

Other debtors

764

729

764

733

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Trade creditors

3,742

1,649

Other creditors

3,150

5,014

6,892

6,663

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.20

31.12.19

value:

£

£

2

Ordinary

£1

2

2