ACCOUNTS - Final Accounts preparation

SELBORNE COURT MANAGEMENT COMPANY LIMITED - Company Information

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Registered number: 03242808

SELBORNE COURT MANAGEMENT COMPANY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 24 JUNE 2021

SELBORNE COURT MANAGEMENT COMPANY LIMITED

REGISTERED NUMBER: 03242808

BALANCE SHEET

AS AT 24 JUNE 2021

		2021		2020
Note		£		£


Current assets
Cash at bank and in hand	3	25		25
		25		25
Total assets less current liabilities			25		25

Net assets			25		25

Capital and reserves
Called up share capital	25	25
	25	25

For the year ended 24 June 2021 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question 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 financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

C M Woodhams

Director

Date: 9 February 2022

The notes on page 2 form part of these financial statements.

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SELBORNE COURT MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 JUNE 2021

1.	General information

Selborne Court Management Company Limited is a company incorporated in the United Kingdom under the Companies Act.
The Company is a private company limited by shares and is registered in England and Wales. The address of the Company's registered office is St Luke's House, Oxford Street, Newbury, Berkshire RG14 1JQ
The principal activity of the Company in the year under review was that of management of the property located at Selborne Court, Kings Road, Reading on behalf of the residents.
The Company's functional and presentational currency is pounds sterling (GBP) and the financial statements are rounded to the nearest pound (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3.	Cash and cash equivalents
		2021	2020
		£	£

Cash at bank and in hand	25	25
	25	25

4.Other financial commitments

The Company contracts with third parties in its own name for the supply of services to the property for maintenance of the common parts in accordance with the terms of the lease.

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