| 12 Medley Road (Management) Limited |
| Registered number: |
06813225 |
| Balance Sheet |
| as at 28 February 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
20,320 |
|
|
20,320 |
|
| Current assets |
| Debtors |
4 |
|
332 |
|
|
289 |
|
| Creditors: amounts falling due within one year |
5 |
|
(395) |
|
|
(395) |
|
| Net current liabilities |
|
|
|
(63) |
|
|
(106) |
|
| Total assets less current liabilities |
|
|
|
20,257 |
|
|
20,214 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(20,254) |
|
|
(20,211) |
|
|
|
| Net assets |
|
|
|
3 |
|
|
3 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
3 |
|
|
3 |
|
| Shareholders' funds |
|
|
|
3 |
|
|
3 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| R.Getz |
| Director |
| Approved by the board on 6 October 2021 |
|
| 12 Medley Road (Management) Limited |
| Notes to the Accounts |
| for the year ended 28 February 2021 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 March 2020 |
20,320 |
|
At 28 February 2021 |
20,320 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 28 February 2021 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2021 |
20,320 |
|
At 29 February 2020 |
20,320 |
|
|
No depreciation is provided for on the cost of the freehold property. |
|
| 4 |
Debtors |
2021 |
|
2020 |
| £ |
£ |
|
|
Insurance prepaid |
332 |
|
289 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Ground rents |
95 |
|
95 |
|
Other creditors |
300 |
|
300 |
|
|
|
|
|
|
395 |
|
395 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Shareholders funds |
20,254 |
|
20,211 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Share capital |
2021 |
|
2020 |
| £ |
£ |
|
|
Allotted, called up and fully paid |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
|
Ground Rents |
225 |
|
225 |
|
Maintenance Charges |
1,213 |
|
1,188 |
|
|
|
|
|
|
1,438 |
|
1,413 |
|
|
|
|
|
|
|
|
|
|
|
Expenditure |
|
Property maintenance |
4,214 |
|
1,136 |
|
Company administrations |
277 |
|
277 |
|
|
|
|
|
|
4,491 |
|
1,413 |
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
12 Medley Road (Management) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
156 Park Avenue |
|
Princess Avenue |
|
Hull |
|
East Yorkshire |
|
HU5 3EY |
