Company Registration No. 05849129 (England and Wales)
MELODY LANE MANAGEMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2021
PAGES FOR FILING WITH REGISTRAR
MELODY LANE MANAGEMENT COMPANY LIMITED
COMPANY INFORMATION
Directors
Mr G. A. Fox
Mr C P. Galvin
Mr P. Kriskinans
Mrs.S. Kriskinans
Mr G.W.B. Lambert
Mrs. A. M. Lambert
Mrs.J.Laws
Mr. D. Lloyd
Mrs. E Lloyd
Mrs. R. Lowe
Mrs. H Moss
Dr. S Oganwu
Mrs. A. Potts
Mr.N. Shelton
Mrs. M Takhtayeva
Mr. R Wilcock
Mr F Whitehead
Mrs K Parker
Mr A Parker
Mrs S Whitehead
Company number
05849129
Registered office
325-327 Oldfield Lane North
Greenford
Middlesex
UB6 0FX
Accountants
Landau Morley LLP
325-327 Oldfield Lane North
Greenford
Middlesex
UB6 0FX
MELODY LANE MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
MELODY LANE MANAGEMENT COMPANY LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 JUNE 2021
30 June 2021
- 1 -
2021
2020
Notes
£
£
£
£
Current assets
Cash at bank and in hand
9,508
15,049
Creditors: amounts falling due within one year
3
(9,494)
(15,035)
Net current assets
14
14
Capital and reserves
Called up share capital
4
14
14
The directors of the company have elected not to include a copy of the income statement within the financial statements.
true
For the financial Year ended 30 June 2021 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.
T
he 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 2 February 2022 and are signed on its behalf by:
Mrs. A. M. Lambert
Director
Company Registration No. 05849129
MELODY LANE MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
- 2 -
1
Accounting policies
Company information
Melody Lane Management Company Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
325-327 Oldfield Lane North, Greenford, Middlesex, UB6 0FX.
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 a
mounts
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 is recognised at the fair value of the consideration received or receivable for
service charges.
1.3
Cash and cash equivalents
Cash and cash equivalents
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Basic financial assets
Basic financial assets, which include
debtors
and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest
method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Financial assets classified as receivable within one year are not amortised.
1.5
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs
.
MELODY LANE MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2021
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the Year was:
2021
2020
Number
Number
Total
3
Creditors: amounts falling due within one year
2021
2020
£
£
Other creditors
9,494
15,035
4
Called up share capital
2021
2020
2021
2020
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Share of £1 each
14
14
14
14
5
Other Creditors
The other creditors represents the fund account for the future maintenance of the property.