Company registration number 02095765 (England and Wales)
HURLINGHAM BUSINESS PARK (MANAGEMENT) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
HURLINGHAM BUSINESS PARK (MANAGEMENT) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
HURLINGHAM BUSINESS PARK (MANAGEMENT) LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2022
31 December 2022
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
Debtors
3
20,297
30,586
Cash at bank and in hand
55,918
33,179
76,215
63,765
Creditors: amounts falling due within one year
4
(65,555)
(56,565)
Net current assets
10,660
7,200
Provisions for liabilities
5
(10,560)
(7,100)
Net assets
100
100
Capital and reserves
Called up share capital
100
100
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2022 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 15 May 2023 and are signed on its behalf by:
Mr D D Brewer
Director
Company Registration No. 02095765
HURLINGHAM BUSINESS PARK (MANAGEMENT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 2 -
1
Accounting policies
Company information
Hurlingham Business Park (Management) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2-4 Packhorse Road, Gerrards Cross, Buckinghamshire, England, SL9 7QE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover comprises service charge contributions receivable from the members. They are based on estimated expenditure levels, and are subject to adjustment by means of a balancing charge or credit at the end of the financial year, such that neither surplus nor deficit arises on the income and expenditure account.
1.3
Taxation
The company is operated as a mutual concern for the benefit of the members, Consequently, a liability to UK Corporation Tax arises only in respect of interest receivable.
2
Employees
2022
2021
Number
Number
Total
4
3
HURLINGHAM BUSINESS PARK (MANAGEMENT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 3 -
3
Debtors
2022
2021
Amounts falling due within one year:
£
£
Trade debtors
13,143
28,087
Other debtors
7,154
2,499
20,297
30,586
4
Creditors: amounts falling due within one year
2022
2021
£
£
Trade creditors
57,656
48,752
Corporation tax
5
1
Other taxation and social security
5,177
5,534
Other creditors
2,717
2,278
65,555
56,565
5
Provisions for liabilities
2022
2021
£
£
Reserve for future expenditure
10,560
7,100
Movements on provisions:
£
At 1 January 2022
7,100
Contribution to fund
3,460
At 31 December 2022
10,560