BLENHEIM COURT MANAGEMENT (LEATHERHEAD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2020
Blenheim Court Management (Leatherhead) Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is NMP Live Limited, Blenheim Court, Brook Way Leatherhead, Surrey, KT22 7NA.
The financial statements are presented in Sterling, which is the functional currency of the company.
2.
Accounting policies
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Basis of preparation of financial statements
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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.
Monies collected to pay service charge that are unused are credited to the estate maintenance reserve for use in years when expenditure exceeds collections.
The following principal accounting policies have been applied:
Revenue represents service charge contributions to fund the running costs of Blenheim Court.
Cash is represented by a current account bank balance.
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like debtors and creditors.
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