The Point (Western Esplanade) Management Company Limited
The Point (Western Esplanade) Management Company Limited
Registered number: 08769589
Unaudited Financial Statements
For the Period
1 December 2021
to
30 June 2022
Kent Coast Accounts Ltd
AAT Licenced Accountants
39 Brooke Avenue
Margate
Kent
CT9 5NG
The Point (Western Esplanade) Management Company Limited
Unaudited Financial Statements
For the Period
1 December 2021
to
30 June 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
Page 1
The Point (Western Esplanade) Management Company Limited
Balance Sheet
As At
30 June 2022
Balance Sheet
Registered number:
08769589
For the period ending 30 June 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.
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.
| 30 June 2022 | 30 November 2021 | ||||
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 4 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| Income and Expenditure Account |
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| MEMBERS' FUNDS | 8,606 | 8,606 | |||
On behalf of the board
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Director
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The notes on page 2 form part of these financial statements.
Page 1
Page 2
The Point (Western Esplanade) Management Company Limited
Notes to the Financial Statements
For the Period
1 December 2021
to
30 June 2022
Notes to the Financial Statements
1.
General Information
The Point (Western Esplanade) Management Company Limited
is a private company, limited by guarantee, incorporated in England & Wales, registered number
08769589
. The registered office is C/O Henderson Setterfield, 133 High Street, Broadstairs, Kent, CT10 1NG.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Turnover
Turnover represents the monies collected in service charges on behalf of the members and are used solely for the purpose of the upkeep and maintenance of the building. The company is not a trade.
2.3.
Cash held in Trust
Cash held in Trust includes the following:-
Cash at Main Landlord Account £12,192.76
Cash held in Reserve Account £12,053.00
Total held in Trust £24,245.76
This amount agrees with total amount certified by Henderson Setterfield
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2021: 6)
4.
Creditors: Amounts Falling Due Within One Year
| 30 June 2022 | 30 November 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Sinking fund |
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| Accountancy fee |
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5.
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.
Page 2