Broadway Close Maintenance Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00740426 (England and Wales)

BROADWAY CLOSE (NOS 7 TO 15)

MAINTENANCE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

V.K.R. O'Connor

SECRETARY:

Maison Residential Limited

REGISTERED OFFICE:

Maison Residential Limited

22 Courtland Avenue,

Chingford,

London

E4 6DU

REGISTERED NUMBER:

00740426 (England and Wales)

ACCOUNTANTS:

S. Cobbin & Co. Limited

t/a Findlay Wetherfield Scott & Co.,

Chartered Accountants

137, Station Road,

Chingford,

London

E4 6AG

BANKERS:

Bank of Scotland plc.,

PO Box 1000

BX2 1LB

MANAGING AGENT:

Maison Residential Limited,

22 Courtland Avenue,

North Chingford,

London,

E4 6DU

CURRENT ASSETS

Debtors

4

161

595

Cash at bank

14,306

13,593

14,467

14,188

CREDITORS

Amounts falling due within one year

5

14,377

14,098

NET CURRENT ASSETS

90

90

TOTAL ASSETS LESS CURRENT LIABILITIES

90

90

CAPITAL AND RESERVES

Called up share capital

90

90

SHAREHOLDERS' FUNDS

90

90

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 17th September 2021 and were signed by:

V.K.R. O'Connor - Director

1.	STATUTORY INFORMATION

Broadway Close (Nos 7 to 15) Maintenance 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.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 (2020 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

161

595

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Excess received from lessees

for service charges levied

4,793

1,075

Held by company

in Trust for lessees

8,843

12,026

Accrued expenses

741

997

14,377

14,098

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director is also a lessee of the property and service charges were levied on normal commercial terms. The service charges due in the year and the balance due by each director as at the year end date are as shown below. Details are only shown in respect of the periods when a person acted as a director.

2021

2020

£

£

V.K.R. O'Connor

Service charges, etc.

1,144

1,144

Balance due to (from) the director

495

495

None of these transactions are with the company directly but they are with the company acting as agent on behalf of the lessees.