Harvard Way Residents Management Co Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09457376 (England and Wales)

HARVARD WAY RESIDENTS' MANAGEMENT

COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D J Brown

D E Smith

REGISTERED OFFICE:

Broadoak Property Management

Unit 7

Hockliffe Business Park

Hockliffe

Bedfordshire

LU7 9NB

REGISTERED NUMBER:

09457376 (England and Wales)

ACCOUNTANTS:

Fortus Audit LLP

Ground Floor, Baird House

Seebeck Place, Knowlhill

Milton Keynes

Buckinghamshire

MK5 8FR

TOTAL ASSETS LESS CURRENT LIABILITIES

-

-

RESERVES

-

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 February 2021 and were signed by:

D E Smith - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company was dormant throughout the current year and previous year.

Service charge funds

The company is responsible for the management of the property known as Harvard Way and has instructed a managing agent to collect service charges from lessees in order to fund expenditure incurred in the management of the property. The service charge funds are held in trust on behalf of the leaseholders as required by Section 42 of the Landlord & Tenant Act 1987. All service charge transactions relating to the management of the property are reported separately and are excluded from the company's financial statements.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

3.	SHARE CAPITAL

The company has no share capital and is limited by guarantee.