Company registration number 03865228 (England and Wales)
THE CAMDEN CHASE MANAGEMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR
THE CAMDEN CHASE MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
THE CAMDEN CHASE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 03865228)
BALANCE SHEET
AS AT
31 DECEMBER 2022
31 December 2022
- 1 -
2022
2021
Notes
£
£
£
£
Fixed assets
Tangible assets
3
100
100
Current assets
Debtors
4
860
814
Cash at bank and in hand
7,113
9,489
7,973
10,303
Creditors: amounts falling due within one year
5
(709)
(1,002)
Net current assets
7,264
9,301
Net assets
7,364
9,401
Capital and reserves
Called up share capital
27
27
Revaluation reserve
100
100
Other reserves
7,237
9,274
Total equity
7,364
9,401
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 5 August 2023 and are signed on its behalf by:
D Corcoran
C Franklin
Director
Director
THE CAMDEN CHASE MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 2 -
1
Accounting policies
Company information
The Camden Chase Management Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Birling Road, Tunbridge Wells, Kent, TN2 5LX.
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 £1.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents service charges demanded in the period and net bank interest received.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Land and buildings Freehold
not provided
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
THE CAMDEN CHASE MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 3 -
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 January 2022 and 31 December 2022
100
Depreciation and impairment
At 1 January 2022 and 31 December 2022
Carrying amount
At 31 December 2022
100
At 31 December 2021
100
4
Debtors
2022
2021
Amounts falling due within one year:
£
£
Trade debtors
1
3
Other debtors
859
811
860
814
5
Creditors: amounts falling due within one year
2022
2021
£
£
Other creditors
709
1,002