Chiltern Gardens Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01972177 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 March 2022

for

Chiltern Gardens Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs V Moseley

P A Davis

SECRETARY:

Neil Douglas Block Management Ltd

REGISTERED OFFICE:

c/o Neil Douglas Block Management Ltd

Portland House

Westfield Road, Pitstone

Leighton Buzzard

LU7 9GU

REGISTERED NUMBER:

01972177 (England and Wales)

ACCOUNTANTS:

Jacksons Accountants (Ascot) Limited

The Old Bakehouse

Course Road

Ascot

Berkshire

SL5 7HL

CURRENT ASSETS

Debtors

4

6,631

4,301

Cash at bank

44,882

52,837

51,513

57,138

CREDITORS

Amounts falling due within one year

5

1,071

2,111

NET CURRENT ASSETS

50,442

55,027

TOTAL ASSETS LESS CURRENT
LIABILITIES

50,442

55,027

PROVISIONS FOR LIABILITIES

6

22,149

14,706

NET ASSETS

28,293

40,321

CAPITAL AND RESERVES

Called up share capital

36

Retained earnings

28,257

40,285

SHAREHOLDERS' FUNDS

28,293

40,321

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 20 January 2023 and were signed on its behalf by:

P A Davis - Director

1.	STATUTORY INFORMATION

Chiltern Gardens Management 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.

Turnover

Turnover represents service charges levied on residents based on budgeted expenditure for the year. This company is not registered for VAT.

Taxation

The company is a non-profit making enterprise and surpluses or deficits arising as a result of differences between service charges levied (based on estimated costs) and actual costs incurred do not fall within the scope of corporation tax. Tax is payable on investment income only.

Residential management transactions

A statutory trust is imposed over service charge monies received under Section 42 of the Landlord and Tenant Act 1987 and the company therefore acts as a trustee in this capacity. As such the closing balance of cash and other assets are held in trust by the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

Service charges due

4,815

3,251

Other debtors

805

-

Prepayments

1,011

1,050

6,631

4,301

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

Service charges in advance

652

1,692

Accrued expenses

419

1,071

2,111

6.	PROVISIONS FOR LIABILITIES

31.3.22

31.3.21

£

Other provisions

Redecoration reserve

21,909

14,466

Insurance revaluation reserve

240

22,149

14,706

Chiltern Gardens Management Limited - Accounts to registrar (filleted) - small 22.3

Chiltern Gardens Management Limited - Accounts to registrar (filleted) - small 22.3