Hazeldene Sheppey Management Co Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 02233241 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2022

for

Hazeldene Sheppey Management

Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A G Catlin

C Coomber

J Preston

D Cambridge

SECRETARY:

D Cambridge

REGISTERED OFFICE:

29 High Street

Blue Town

SHEERNESS

Kent

ME12 1RN

REGISTERED NUMBER:

02233241 (England and Wales)

ACCOUNTANTS:

Blain Pritchard

Chartered Certified Accountants

29 High Street

Blue Town

SHEERNESS

Kent

ME12 1RN

FIXED ASSETS

Tangible assets

4

3,636

7,661

CURRENT ASSETS

Debtors

5

200

390

Cash at bank and in hand

19,743

17,098

19,943

17,488

CREDITORS

Amounts falling due within one year

6

7,673

7,822

NET CURRENT ASSETS

12,270

9,666

TOTAL ASSETS LESS CURRENT LIABILITIES

15,906

17,327

CAPITAL AND RESERVES

Called up share capital

52

52

Retained earnings

15,854

17,275

15,906

17,327

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th March 2023 and were signed on its behalf by:

C Coomber - Director

Mrs A G Catlin - Director

J Preston - Director

D Cambridge - Director

1.	STATUTORY INFORMATION

Hazeldene Sheppey Management Company 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st January 2022

and 31st December 2022

665

25,150

25,815

DEPRECIATION

At 1st January 2022

328

17,826

18,154

Charge for year

13

4,012

4,025

At 31st December 2022

341

21,838

22,179

NET BOOK VALUE

At 31st December 2022

324

3,312

3,636

At 31st December 2021

337

7,324

7,661

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

200

390

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Payments on account

6,444

6,650

Other creditors

1,229

1,172

7,673

7,822