Company Registration Number 04922509 (England and Wales)
22 BRUNSWICK TERRACE MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
22 BRUNSWICK TERRACE MANAGEMENT LIMITED
CONTENTS
Page
Directors' report
1
Accountants' report
2
Profit and loss account
3
Balance sheet and notes to the financial statements
4 - 5
22 BRUNSWICK TERRACE MANAGEMENT LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2020
- 1 -
The directors present their annual report and financial statements for the year ended 31 March 2020.
Principal activities
The principal activity of the company was that of the investment in the freehold of 22 Brunswick Terrace.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
D Chester
J Owen
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
J Owen
Director
15 December 2020
22 BRUNSWICK TERRACE MANAGEMENT LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF 22 BRUNSWICK TERRACE MANAGEMENT LIMITED FOR THE YEAR ENDED 31 MARCH 2020
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 22 Brunswick Terrace Management Limited for the year ended 31 March 2020, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the
b
oard of
d
irectors of 22 Brunswick Terrace Management Limited, as a body, in accordance with the terms of our engagement letter dated 29 March 2007.
Our work has been undertaken solely to prepare for your approval the financial statements of 22 Brunswick Terrace Management Limited and state those matters that we have agreed to state to the
b
oard of
d
irectors of 22 Brunswick Terrace Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 22 Brunswick Terrace Management Limited and its
b
oard of
d
irectors as a body, for our work or for this report.
It is your duty to ensure that 22 Brunswick Terrace Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss
of 22 Brunswick Terrace Management Limited. You consider that 22 Brunswick Terrace Management Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of 22 Brunswick Terrace Management Limited. For this reason, we have not verified the accuracy or completeness of the
accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Quest Duthoit Limited
15 December 2020
Chartered Accountants
19 Farncombe Road
Worthing
West Sussex
BN11 2AY
22 BRUNSWICK TERRACE MANAGEMENT LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2020
- 3 -
2020
2019
£
£
Turnover
349
6,668
Other charges
(433)
(440)
(Loss)/profit
(84)
6,228
22 BRUNSWICK TERRACE MANAGEMENT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2020
31 March 2020
- 4 -
2020
2019
£
£
£
£
Fixed assets
17,115
17,115
Current assets
63
147
Creditors: amounts falling due within one year
(16,115)
(16,115)
Net current liabilities
(16,052)
(15,968)
Total assets less current liabilities
1,063
1,147
Net assets
1,063
1,147
Capital and reserves
1,063
1,147
Notes to the financial statements
1
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s 0.
2020
2019
Number
Number
Employees
-
22 Brunswick Terrace Management Limited is a private company limited by shares incorporated in England and Wales. The registered office 22 Brunswick Terrace, Hove. East Sussex. BN3 1HJ.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
For the year ended 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
22 BRUNSWICK TERRACE MANAGEMENT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2020
31 March 2020
- 5 -
The financial statements were approved by the board of directors and authorised for issue on 15 December 2020 and are signed on its behalf by:
J Owen
Director
Company Registration Number 04922509