Bryant Court Manangement Limited 09/03/2021 iXBRL

Bryant Court Manangement Limited 09/03/2021 iXBRL

BRYANT COURT MANAGEMENT LIMITED - Company Information

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0 09/03/2021 2021-03-09 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2020-03-10 Sage Accounts Production 2020 Update 1 - FRS102_2019 xbrli:pure xbrli:shares iso4217:GBP 05264210 2020-03-10 2021-03-09 05264210 2021-03-09 05264210 2020-03-09 05264210 bus:Director1 2020-03-10 2021-03-09 05264210 core:WithinOneYear 2021-03-09 05264210 core:WithinOneYear 2020-03-09 05264210 core:LandBuildings core:OwnedOrFreeholdAssets 2021-03-09 05264210 core:RetainedEarningsAccumulatedLosses 2021-03-09 05264210 core:RetainedEarningsAccumulatedLosses 2020-03-09 05264210 core:LandBuildings core:OwnedOrFreeholdAssets 2020-03-09 05264210 bus:SmallEntities 2020-03-10 2021-03-09 05264210 bus:AuditExempt-NoAccountantsReport 2020-03-10 2021-03-09 05264210 bus:FullAccounts 2020-03-10 2021-03-09 05264210 bus:SmallCompaniesRegimeForAccounts 2020-03-10 2021-03-09 05264210 bus:CompanyLimitedByGuarantee 2020-03-10 2021-03-09 05264210 core:LandBuildings core:OwnedOrFreeholdAssets 2020-03-10 2021-03-09
Company registration number: 05264210
Bryant Court Manangement Limited
Company limited by guarantee
Unaudited filleted financial statements
09 March 2021
Bryant Court Manangement Limited
Company limited by guarantee
Contents
Balance sheet
Notes to the financial statements
Bryant Court Manangement Limited
Company limited by guarantee
Balance sheet
9 March 2021
2021 2020
Note £ £ £ £
Fixed assets
Tangible assets 6 31,196 31,196
_______ _______
31,196 31,196
Current assets
Debtors 7 313 252
Cash at bank and in hand 5,696 5,092
_______ _______
6,009 5,344
Creditors: amounts falling due
within one year 8 ( 334) ( 349)
_______ _______
Net current assets 5,675 4,995
_______ _______
Total assets less current liabilities 36,871 36,191
_______ _______
Net assets 36,871 36,191
_______ _______
Capital and reserves
Reserves account 36,871 36,191
_______ _______
Members funds 36,871 36,191
_______ _______
For the year ending 09 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- 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;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Income and expenditure has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 11 November 2021 , and are signed on behalf of the board by:
N Wallace
Director
Company registration number: 05264210
Bryant Court Manangement Limited
Company limited by guarantee
Notes to the financial statements
Year ended 9 March 2021
1. General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Bryant Court Management Limited, Bryant Court, 58 Pen Y Lan Road, Cardiff, CF24 3PH.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income
Income represents management charges received.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold - No depreciation is charged on the freehold
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
4. Limited by guarantee
The company is limited by guarantee and as such does not have share capital.
5. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2020: Nil).
6. Tangible assets
Freehold Total
£ £
Cost
At 10 March 2020 and 9 March 2021 31,196 31,196
_______ _______
Depreciation
At 10 March 2020 and 9 March 2021 - -
_______ _______
Carrying amount
At 9 March 2021 31,196 31,196
_______ _______
At 9 March 2020 31,196 31,196
_______ _______
7. Debtors
2021 2020
£ £
Prepayments and accrued income 313 252
_______ _______
8. Creditors: amounts falling due within one year
2021 2020
£ £
Accruals and deferred income 334 349
_______ _______