Company Registration No. 12736910 (England and Wales)
ST EDMUNDS PARK (HUNSTANTON) MANAGEMENT COMPANY LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
PAGES FOR FILING WITH REGISTRAR
ST EDMUNDS PARK (HUNSTANTON) MANAGEMENT COMPANY LIMITED
COMPANY INFORMATION
Directors
Mr E Parker
Bennett PLC
Company number
12736910
Registered office
Low Green Barn
Nowton
Bury St Edmunds
Suffolk
IP29 5ND
Accountants
Gascoynes
Gascoyne House
Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
Suffolk
IP28 6JY
Business address
Low Green Barn
Low Green
Nowton
Bury St Edmunds
Suffolk
IP29 5ND
ST EDMUNDS PARK (HUNSTANTON) MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3
ST EDMUNDS PARK (HUNSTANTON) MANAGEMENT COMPANY LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
- 1 -
The directors present their annual report and financial statements for the year ended 31 December 2021.
The company is dormant and has not traded during the year.
Principal activities
The principle activity of the company during the year was the management of real estate. The company operates as a not for profit organisation. The company has no income or expenditure in its own right; all transactions in the year related to the maintenance of common parts in accordance with the lease. Service charges collected are held in trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of sections 42 of the Landlord and Tenant Act 1987.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mr E Parker
Bennett PLC
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Mr E Parker
Director
15 February 2022
ST EDMUNDS PARK (HUNSTANTON) MANAGEMENT COMPANY LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2021
31 December 2021
- 2 -
2021
Notes
£
£
Reserves
2
-
-
The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.
true
For the financial year ended 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 15 February 2022 and are signed on its behalf by:
Mr E Parker
Director
Company Registration No. 12736910
ST EDMUNDS PARK (HUNSTANTON) MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
- 3 -
1
Accounting policies
Company information
St Edmunds Park (Hunstanton) Management Company Limited is a
private
company
limited by guarantee
incorporated in
England and Wales
.
The registered office is
Low Green Barn, Nowton, Bury St Edmunds, Suffolk, IP29 5ND.
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, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company acts as a trustee of a statutory trust in respect of service charge monies collected for the maintenance of St Edmunds Park, Hunstanton. The company has changed its policy to exclude these funds from the company's accounts as separate service charge accounts are prepared and certified.
2
Members' liability
Every member of the company undertakes to contribute such an amount as may be required, not exceeding £1, to the assets of the company in the event of the company being would up while they are a member, or within one year after they cease to be a member, for payment of debts and liabilities of the company contracted before they cease to be a member, and of the costs, charges, and expenses of winding up the company, and for the adjustment of the right of the contributories amongst themselves.