Registration number:
221 St Margarets Road Management Company Limited
for the Year Ended 31 July 2020
221 St Margarets Road Management Company Limited
(Registration number: 02840108)
Balance Sheet as at 31 July 2020
Note |
2020 |
2019 |
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Current assets |
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Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
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Creditors: Amounts falling due within one year |
( |
( |
|
Net assets |
|
|
|
Capital and reserves |
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Called up share capital |
5 |
5 |
|
Profit and loss account |
1,936 |
1,576 |
|
Shareholders' funds |
1,941 |
1,581 |
For the financial year ending 31 July 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
Director
221 St Margarets Road Management Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 July 2020
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover represents the total value of service charges and other fees receivable in respect of the year.
The profit and loss reserve, being the excess of service charges payable by the leaseholders over expenses
incurred, is held for use against future maintenance expenditure.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company (including directors) during the year was
Debtors |
2020 |
2019 |
|
Prepayments |
|
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Other debtors |
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221 St Margarets Road Management Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 July 2020
Creditors |
Creditors: amounts falling due within one year
2020 |
2019 |
|
Due within one year |
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Accruals and deferred income |
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|
Share capital |
Allotted, called up and fully paid shares
2020 |
2019 |
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No. |
£ |
No. |
£ |
|
|
|
5 |
|
5 |