Belvedere Court Management (Outwood) Limited Accounts

BELVEDERE COURT MANAGEMENT (OUTWOOD) LIMITED - Company Information






Belvedere Court Management (Outwood) Limited

	Company No. 07255522
		Information for Filing with The Registrar
		31 May 2021

at	31 May 2021
Company No.		07255522	Notes	2021	2020
				£	£






Current assets



	Cash at bank and in hand			2,079	1,945
				2,079	1,945
Creditors: Amount falling due within one year			4	(1,241)	(1,107)
Net current assets				838	838
Total assets less current liabilities				838	838




Net assets				838	838

Capital and reserves




	Profit and loss account		5	838	838

Total equity				838	838



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 21 October 2021
And signed on its behalf by:
H. Chalkley
Director
21 October 2021

for the year ended 31 May 2021

General information

Its registered number is: 07255522

Its registered office is:

4 Belvedere Court

Wakefield

WF1 2JN

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2021	2020
			Number	Number
		The average monthly number of employees (including directors) during the year was:	0	0

4	Creditors:
		amounts falling due within one year
			2021	2020
			£	£










		Accruals and deferred income	1,241	1,107
			1,241	1,107

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.