WATERLOO LANE MANAGEMENT COMPANY LIMITED

WATERLOO LANE MANAGEMENT COMPANY LIMITED

WATERLOO LANE MANAGEMENT COMPANY LIMITED - Company Information

Print Friendly Version

1 January 2022 false No description of principal activity Taxfiler 2023.9 05971222business:CompanyLimitedByGuarantee2022-01-012022-12-31 059712222021-12-31 059712222022-01-012022-12-31 05971222business:AuditExempt-NoAccountantsReport2022-01-012022-12-31 05971222business:FilletedAccounts2022-01-012022-12-31 059712222022-12-31 05971222business:Director12022-01-012022-12-31 05971222business:Director22022-01-012022-12-31 05971222business:Director32022-01-012022-12-31 05971222business:RegisteredOffice2022-01-012022-12-31 059712222021-12-31 05971222core:WithinOneYear2022-12-31 05971222core:WithinOneYear2021-12-31 05971222core:PreviouslyStatedAmount2022-12-31 05971222core:PreviouslyStatedAmount2021-12-31 05971222business:SmallEntities2022-01-012022-12-31 05971222countries:EnglandWales2022-01-012022-12-31 059712222021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05971222 (England and Wales)
WATERLOO LANE MANAGEMENT COMPANY LIMITED Unaudited accounts for the year ended 31 December 2022
WATERLOO LANE MANAGEMENT COMPANY LIMITED Unaudited accounts Contents
Page
- 2 -
WATERLOO LANE MANAGEMENT COMPANY LIMITED Company Information for the year ended 31 December 2022
Directors
D Chambers Blenheim Consultancy Services Limited Aquila Estates Limited
Company Number
05971222 (England and Wales)
Registered Office
6A High Street Chelmsford CM1 1BE
- 3 -
WATERLOO LANE MANAGEMENT COMPANY LIMITED Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
4
5,576 
11,312 
Cash at bank and in hand
17,934 
21,479 
23,510 
32,791 
Creditors: amounts falling due within one year
5
(13,825)
(24,255)
Net current assets
9,685 
8,536 
Total assets less current liabilities
9,685 
8,536 
Provisions for liabilities
Other provisions
(9,685)
(8,536)
Net assets
- 
- 
Members' funds
- 
- 
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by
D Chambers Director Company Registration No. 05971222
- 4 -
WATERLOO LANE MANAGEMENT COMPANY LIMITED Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
WATERLOO LANE MANAGEMENT COMPANY LIMITED is a private company, limited by guarantee, registered in England and Wales, registration number 05971222. The registered office is 6A High Street, Chelmsford, CM1 1BE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover relates to service charge income which represents maintenance, management and administration costs recoverable from owners or occupiers of unites on the site, exclusive of VAT. Amounts are charged quarterly on account and any surplus or deficit are refunded or recharged to the relevant parties.
Prior year adjustment
Accounts prepared for the company should only include items relating to the commercial units within the property known as Phase 1, Blocks 1 - 4 Bond Street, Chelmsford. In preparing the accounts for the year ended 31 December 2022, it became apparent that certain balances relating to the residential units had been incorrectly included in previous years. As a result, the comparatives for the year ended 31 December 2021 have been amended accordingly. There has been no adjustment to members funds as a result of this matter.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
812 
210 
Other debtors
4,764 
11,102 
5,576 
11,312 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Other creditors
- 
10,501 
Accruals
13,825 
13,754 
13,825 
24,255 
- 5 -
WATERLOO LANE MANAGEMENT COMPANY LIMITED Notes to the Accounts for the year ended 31 December 2022
6
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.
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
- 6 -