91 Lexham Gardens Limited
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Registered number: |
01970188
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Balance Sheet |
as at 31 March 2021
|
|
Notes |
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|
2021 |
|
|
2020 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
917 |
|
|
917 |
|
Current assets |
Cash at bank and in hand |
|
|
4,870 |
|
|
5,604 |
|
Creditors: amounts falling due within one year |
4 |
|
(4,946) |
|
|
(6,728) |
|
Net current liabilities |
|
|
|
(76) |
|
|
(1,124) |
|
Net assets/(liabilities) |
|
|
|
841 |
|
|
(207) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
5 |
|
|
5 |
Profit and loss account |
|
|
|
836 |
|
|
(212) |
|
Shareholders' funds |
|
|
|
841 |
|
|
(207) |
|
|
|
|
|
|
|
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
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The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
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|
|
|
|
Stephen Jukes |
Director |
Approved by the board on 15 November 2021
|
|
91 Lexham Gardens Limited
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Notes to the Accounts |
for the year ended 31 March 2021
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|
|
1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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Turnover |
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The accounts are prepared in accordance with the provisions of the lease, and on an accruals basis, and follow guidance on accounting and reporting in relation to service charge accounts for residential properties set out in the Institute of Chartered Accountants in England and Wales technical release 03/11 Turnover Income represents amounts paid by way of service charges by the participants
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|
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
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|
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Freehold buildings |
over 50 years |
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Leasehold land and buildings |
over the lease term |
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Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
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No depreciation has been provided on the freehold interest. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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Provisions |
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Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
|
|
|
2 |
Employees and Directors |
2021 |
|
2020 |
Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
5 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
At 1 April 2020 |
917 |
|
At 31 March 2021 |
917 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2021 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2021 |
917 |
|
At 31 March 2020 |
917 |
|
|
4 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
£ |
£ |
|
|
Directors loan account |
338 |
|
338 |
|
Other creditors |
4,608 |
|
6,390 |
|
|
|
|
|
|
4,946 |
|
6,728 |
|
|
|
|
|
|
|
|
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|
5 |
Cash at bank |
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Service charge monies are held on trust in accordance with section 42, Landlord and Tenant Act 1987, at Barclays Bank plc, Notting Hill Gate, Leicester, LE87 2BB, under the title, 91 Lexham Gardens Limited
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6 |
Other information |
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91 Lexham Gardens Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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Unit 10, 80 Lytham Road |
|
Fulwood |
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Preston |
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Lancashire |
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PR2 3AQ |