| Cherry Hinton Court Property Management Company Ltd |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Cherry Hinton Court Property Management Company Ltd for the year ended 31 July 2021 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cherry Hinton Court Property Management Company Ltd for the year ended 31 July 2021 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance |
| This report is made solely to the Board of Directors of Cherry Hinton Court Property Management Company Ltd, as a body, in accordance with the terms of our engagement letter dated 1 February 2022. Our work has been undertaken solely to prepare for your approval the accounts of Cherry Hinton Court Property Management Company Ltd and state those matters that we have agreed to state to the Board of Directors of Cherry Hinton Court Property Management Company Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cherry Hinton Court Property Management Company Ltd and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Cherry Hinton Court Property Management Company Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Cherry Hinton Court Property Management Company Ltd. You consider that Cherry Hinton Court Property Management Company Ltd is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the accounts of Cherry Hinton Court Property Management Company Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. |
|
| Thomas Quinn |
| Chartered Accountants |
| 82b High Street |
| Sawston |
| Cambridge |
| CB22 3HJ |
|
| 24 March 2022 |
|
| Cherry Hinton Court Property Management Company Ltd |
| Registered number: |
02833669 |
| Balance Sheet |
| as at 31 July 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Current assets |
| Cash at bank and in hand |
|
|
6,429 |
|
|
7,438 |
|
| Creditors: amounts falling due within one year |
4 |
|
(390) |
|
|
(390) |
|
| Net current assets |
|
|
|
6,039 |
|
|
7,048 |
|
| Net assets |
|
|
|
6,039 |
|
|
7,048 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
5,939 |
|
|
6,948 |
|
| Shareholders' funds |
|
|
|
6,039 |
|
|
7,048 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mrs C H Ling |
| Director |
| Approved by the board on 24 March 2022 |
|
| Cherry Hinton Court Property Management Company Ltd |
| Notes to the Accounts |
| for the year ended 31 July 2021 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Taxation |
|
|
The company is registered as a property management company. It is liable to tax on investment income only. |
|
|
| 4 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Other creditors |
390 |
|
390 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
Cherry Hinton Court Property Management Company Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
6 Sedley Taylor Road |
|
Cambridge |
|
Cambridgeshire |
|
CB2 2PW |
