Royal Crescent (Cheltenham) Management - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08071041 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2020

for

Royal Crescent (Cheltenham) Management

Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

T C Smith - Chairman

I R Perry

S J Jones

C J Smith

SECRETARY:

Ash & Co CS LLP

REGISTERED OFFICE:

c/o Ash & Co CS LLP

3 Pullman Court

Great Western Road

Gloucester

Gloucestershire

GL51 3ND

REGISTERED NUMBER:

08071041 (England and Wales)

ACCOUNTANTS:

ADM Accountancy Services Ltd

Homelands Commercial Centre

Vale Road

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 8PX

FIXED ASSETS

Tangible assets

4

133

273

CURRENT ASSETS

Debtors

5

838

817

Cash at bank

98,897

98,200

99,735

99,017

CREDITORS

Amounts falling due within one year

6

826

82,444

NET CURRENT ASSETS

98,909

16,573

TOTAL ASSETS LESS CURRENT LIABILITIES

99,042

16,846

CAPITAL AND RESERVES

Called up share capital

4

4

Other reserves

81,490

-

Retained earnings

17,548

16,842

SHAREHOLDERS' FUNDS

99,042

16,846

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2021 and were signed on its behalf by:

T C Smith - Chairman - Director

1.	STATUTORY INFORMATION

Royal Crescent (Cheltenham) Management Company Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2020

and 31 December 2020

2,884

DEPRECIATION

At 1 January 2020

2,611

Charge for year

140

At 31 December 2020

2,751

NET BOOK VALUE

At 31 December 2020

133

At 31 December 2019

273

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Other debtors

838

817

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Taxation and social security

166

294

Other creditors

660

82,150

826

82,444

7.	OTHER RESERVE

The directors creditor balance created on incorporation in 2014 of £81,469 have been restated from other creditors to other reserves.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Royal Crescent (Cheltenham) Management Company Limited for the year ended 31 December 2020 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the Board of Directors of Royal Crescent (Cheltenham) Management Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Royal Crescent (Cheltenham) Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Royal Crescent (Cheltenham) Management Company Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Royal Crescent (Cheltenham) Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Royal Crescent (Cheltenham) Management Company Limited. You consider that Royal Crescent (Cheltenham) Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Royal Crescent (Cheltenham) Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

ADM Accountancy Services Ltd

Homelands Commercial Centre

Vale Road

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 8PX

24 June 2021