Ferrard Meadow Management Company Limite - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: NI607990 (Northern Ireland)

Financial Statements

FOR THE YEAR ENDED

31 December 2022

for

FERRARD MEADOW MANAGEMENT COMPANY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Steve McGuinness

REGISTERED OFFICE:

C/o McGuinness Fleck Ltd

7 Pattons Lane

Holywood

Co. Down

BT18 9FX

REGISTERED NUMBER:

NI607990 (Northern Ireland)

ACCOUNTANTS:

M.B.McGrady & Co

Chartered Accountants

Suite 2B

Cadogan House

322 Lisburn Road

Belfast

Co. Antrim

BT9 6GH

BANKERS:

Danske Bank

CURRENT ASSETS

Debtors

4

17,050

25,814

Cash at bank

1,339

2,323

18,389

28,137

CREDITORS

Amounts falling due within one year

5

18,389

28,137

TOTAL ASSETS LESS CURRENT LIABILITIES

-

-

RESERVES

-

-

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2023 and were signed by:

Mr Steve McGuinness - Director

1.	STATUTORY INFORMATION

Ferrard Meadow Management Company Limited is a private company, limited by guarantee , registered in Northern Ireland. 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

The turnover shown in the income and expenditure account represents service charges in the year adjusted for any deficit or surplus.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/22

31/12/21

£

£

Service charge debtors

9,273

25,385

Reserve deficit

7,777

429

17,050

25,814

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/22

31/12/21

£

£

Accruals and deferred income

18,389

28,137

6.	RELATED PARTY DISCLOSURES

The members own property in Ferrard Meadow Management Company Limited.

As at 31 December 2022, the reserve deficit of £7,777 (2021 reserve fund of £429) which is included within note 4 of the financial statements, relates to the deficit of service charges to date.

No further transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.

7.	COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee without a share capital. The liability of the members is limited to an amount not exceeding £1.