14 Wrights Road Management Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06346547 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020

FOR

14 WRIGHTS ROAD MANAGEMENT LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Rutherford

L Harvey

R A Birchley

G Gilling

SECRETARY:

G Gilling

REGISTERED OFFICE:

Ground Floor

1-2 Craven Road

Ealing

London

W5 2UA

REGISTERED NUMBER:

06346547 (England and Wales)

ACCOUNTANTS:

Johnsons, Chartered Accountants

Ground Floor

1 - 2 Craven Road

Ealing

London

W5 2UA

FIXED ASSETS

Tangible assets

4

15,797

15,797

CURRENT ASSETS

Debtors

1,304

1,145

Cash at bank

1,548

993

2,852

2,138

CREDITORS

Amounts falling due within one year

19,538

19,011

NET CURRENT LIABILITIES

(16,686

)

(16,873

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(889

)

(1,076

)

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

(893

)

(1,080

)

SHAREHOLDERS' FUNDS

(889

)

(1,076

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 profit or loss 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 May 2021 and were signed on its behalf by:

A Rutherford - Director

1.	STATUTORY INFORMATION

14 Wrights Road Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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.

Service charges

Service charges are charged to the tenants each year based on the budgeted expenditure. Any deficit or surplus arising where the actual expenditure does not equal the budgeted expenditure is reflected in the accounts as a debtor or creditor and is recovered from, or refunded to, tenants in the course of the following year.

Tangible fixed assets

These represent freehold land which is shown at cost together with legal and other acquisition cost incurred.

No depreciation is provided for freehold land held since it is the company's policy to maintain such property in a continual state of repair and any depreciation would not be material.

Taxation

The company is a non-profit making enterprise and surpluses or deficits arising as a result of differences between service charges levied (based on estimated costs) and actual costs incurred do not fall within the scope of corporation tax. Tax is payable on investment income only.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2019

and 31 August 2020

15,797

NET BOOK VALUE

At 31 August 2020

15,797

At 31 August 2019

15,797

5.	ULTIMATE CONTROLLING PARTY

There is no controlling party as the issued ordinary share capital is held equally by individual parties.