| Beechwood View Management Company Limited |
| Registered number: |
05492099 |
| Balance Sheet |
| as at 24 June 2022 |
|
| Notes |
|
|
2022 |
|
|
2021 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
1,200 |
|
|
1,800 |
| Cash at bank and in hand |
|
|
2,829 |
|
|
2,900 |
|
|
|
4,029 |
|
|
4,700 |
|
| Creditors: amounts falling due within one year |
4 |
|
(789) |
|
|
(1,090) |
|
| Net current assets |
|
|
|
3,240 |
|
|
3,610 |
|
| Net assets |
|
|
|
3,240 |
|
|
3,610 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
3,001 |
|
|
3,001 |
| General reserves |
|
|
|
239 |
|
|
609 |
|
| Shareholders' funds |
|
|
|
3,240 |
|
|
3,610 |
|
|
|
|
|
|
|
|
| The director is 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 director acknowledges his 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. |
|
|
|
|
| David Borrey |
| Director |
| Approved by the board on 16 March 2023 |
|
| Beechwood View Management Company Limited |
| Notes to the Accounts |
| for the year ended 24 June 2022 |
|
|
| 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 represents the on account maintenance charges receivable in the period from residents of the estate. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
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. |
|
|
Taxation |
|
A current tax liability is recognised in respect of the tax payable on the bank interest earned by the company. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2022 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2022 |
|
2021 |
| £ |
£ |
|
|
Amounts due from residents |
1,200 |
|
1,800 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Taxation and social security costs |
4 |
|
4 |
|
Overpayments from residents |
310 |
|
610 |
|
Other creditors |
475 |
|
476 |
|
|
|
|
|
|
789 |
|
1,090 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Contingent liabilities |
|
|
The company has contingent liabilities in that it is required to keep the soft landscaped parts of the Maintained Area properly maintained, neat, clean, planted, properly tended and free of weeds, the grass cut as necessary and repair and reinstate any boundary wall, fence, hedge or railings enclosing the Maintained Area. It must also keep the access ways and other hard landscaped areas, the parking spaces and bin store of the Maintained Area in good repair, clean and tidy and operate, maintain and keep in repair any other service installations within that Area and maintain material and public liability insurance in respect of the foregoing. |
|
|
| 6 |
Other information |
|
|
Beechwood View Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
1 Beechwood View |
|
Saunderton |
|
High Wycombe |
|
Buckinghamshire |
|
HP14 4HR |
