ACCOUNTS - Final Accounts preparation

GROSVENOR PLACE RESIDENTS (WEYBRIDGE) LIMITED - Company Information

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-09-302022-09-302021-10-015trueNo description of principal activity4falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02751208 2021-10-01 2022-09-30 02751208 2022-09-30 02751208 2020-10-01 2021-09-30 02751208 2021-09-30 02751208 c:Director6 2021-10-01 2022-09-30 02751208 d:CurrentFinancialInstruments 2022-09-30 02751208 d:CurrentFinancialInstruments 2021-09-30 02751208 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 02751208 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 02751208 d:ShareCapital 2022-09-30 02751208 d:ShareCapital 2021-09-30 02751208 d:RetainedEarningsAccumulatedLosses 2022-09-30 02751208 d:RetainedEarningsAccumulatedLosses 2021-09-30 02751208 c:FRS102 2021-10-01 2022-09-30 02751208 c:AuditExempt-NoAccountantsReport 2021-10-01 2022-09-30 02751208 c:FullAccounts 2021-10-01 2022-09-30 02751208 c:PrivateLimitedCompanyLtd 2021-10-01 2022-09-30 02751208 2 2021-10-01 2022-09-30 iso4217:GBP xbrli:pure

Company registration number: 02751208

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 SEPTEMBER 2022

	GROSVENOR PLACE RESIDENTS (WEYBRIDGE) LIMITED


GROSVENOR PLACE RESIDENTS (WEYBRIDGE) LIMITED REGISTERED NUMBER:02751208

STATEMENT OF FINANCIAL POSITION

AS AT 30 SEPTEMBER 2022

		2022		2021
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	4,150		7,411
Cash at bank and in hand		18,803		13,727
		22,953		21,138
Creditors: amounts falling due within one year	5	(1,242)		(2,184)
Net current assets			21,711		18,954
Total assets less current liabilities			21,711		18,954

Net assets			21,711		18,954

Capital and reserves
Called up share capital	800	800
Profit and loss account	20,911	18,154
	21,711	18,954

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 statement of income and retained earnings 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 on 12 June 2023.

Mrs N J Craven

Director

The notes on pages 2 to 3 form part of these financial statements.

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GROSVENOR PLACE RESIDENTS (WEYBRIDGE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

1.	General information

These financial statements have been prepared in compliance with FRS102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
Grosvenor Place Residents (Weybridge) Limited is a private company, limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The company's registered number is 02751208 and the registered office is situated at Midas House, 62 Goldsworth Road, Woking, Surrey, GU21 6LQ.

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.

The following principal accounting policies have been applied:

2.2

Revenue

The turnover in the income and expenditure account represents amounts receivable from residents as contributions towards the costs involved in the management of the common areas of Grosvenor Place, Weybridge.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 4 (2021 - 5).

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GROSVENOR PLACE RESIDENTS (WEYBRIDGE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

Debtors

					2022	2021
					£	£


Trade debtors	2,500	6,500
Prepayments and accrued income	1,650	911
	4,150	7,411

5.	Creditors: Amounts falling due within one year
		2022	2021
		£	£

Accruals and deferred income	1,242	2,184
	1,242	2,184

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