AVENCOURT_MANAGEMENT_LIMI - Accounts

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Avencourt Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is The New Barn, Grange Farm, Wigginton Road, South Newington, Oxfordshire, OX15 4JR.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover represents annual contributions receivable to cover maintenance costs for the driveway at the entrance of a group of properties and communal areas. Turnover is recognised when the company charges the annual contribution to the occupiers of the properties.

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held with banks.

The company is not subject to corporation tax.

The average monthly number of persons (including directors) employed by the company during the year was:

The company charges the directors an annual contribution of £500 each in relation to their residences. No amounts were outstanding at the year end or the preceding year end.