Avalon Residents Management Company Limited
Avalon Residents Management Company Limited
Registered number: 05509286
Unaudited Financial Statements
For The Year Ended
31 December 2022
siena accounting
Avalon Residents Management Company Limited
Unaudited Financial Statements
For The Year Ended
31 December 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
Page 1
Avalon Residents Management Company Limited
Balance Sheet
As at
31 December 2022
Balance Sheet
Registered number:
05509286
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| MEMBERS' FUNDS | - | - | |||
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
|
Director
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The notes on page 2 form part of these financial statements.
Page 1
Page 2
Avalon Residents Management Company Limited
Notes to the Financial Statements
For The Year Ended
31 December 2022
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Service Charges
The company is responsible for the management of the common parts of properties at Abbey Gardens
Woolhampton Berkshire and collects service charges from residents in order to fund expenditure on the
management of the common parts. These service charges are held in trust for the residents as required by the
Landlord and Tenants Acts 1987. Transactions relating to the management of the common parts are reported
separately to the residents and are excluded from the company's financial statements.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2021: NIL)
3.
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
4.
General Information
Avalon Residents Management Company Limited
is a private company, limited by guarantee, incorporated in England & Wales, registered number
05509286
. The registered office is 70 Abbey Gardens, Upper Woolhampton, Berkshire, RG7 5TZ.
Page 2