Brunswick House Residents Limited - Accounts to registrar (filleted) - small 23.1.2

Brunswick House Residents Limited - Accounts to registrar (filleted) - small 23.1.2

BRUNSWICK HOUSE RESIDENTS LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v23.1.0.753 03716399 Board of Directors 1.3.22 28.2.23 28.2.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure037163992022-02-28037163992023-02-28037163992022-03-012023-02-28037163992021-02-28037163992021-03-012022-02-28037163992022-02-2803716399ns16:EnglandWales2022-03-012023-02-2803716399ns15:PoundSterling2022-03-012023-02-2803716399ns11:Director12022-03-012023-02-2803716399ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2803716399ns11:SmallEntities2022-03-012023-02-2803716399ns11:AuditExemptWithAccountantsReport2022-03-012023-02-2803716399ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2803716399ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2803716399ns11:FullAccounts2022-03-012023-02-2803716399ns11:Director22022-03-012023-02-2803716399ns11:CompanySecretary12022-03-012023-02-2803716399ns11:RegisteredOffice2022-03-012023-02-2803716399ns6:CurrentFinancialInstruments2023-02-2803716399ns6:CurrentFinancialInstruments2022-02-2803716399ns6:Non-currentFinancialInstruments2023-02-2803716399ns6:Non-currentFinancialInstruments2022-02-2803716399ns6:ShareCapital2023-02-2803716399ns6:ShareCapital2022-02-2803716399ns6:RetainedEarningsAccumulatedLosses2023-02-2803716399ns6:RetainedEarningsAccumulatedLosses2022-02-2803716399ns6:LandBuildings2022-02-2803716399ns6:LandBuildings2023-02-2803716399ns6:LandBuildings2022-02-2803716399ns6:Non-currentFinancialInstruments2022-03-012023-02-28
REGISTERED NUMBER: 03716399 (England and Wales)




















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

BRUNSWICK HOUSE RESIDENTS LIMITED
BRUNSWICK HOUSE RESIDENTS LIMITED (REGISTERED NUMBER: 03716399)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

BRUNSWICK HOUSE RESIDENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: M Simon
P G Bean





SECRETARY: P G Bean





REGISTERED OFFICE: Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH





REGISTERED NUMBER: 03716399 (England and Wales)





ACCOUNTANTS: KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH
Page 1
BRUNSWICK HOUSE RESIDENTS LIMITED (REGISTERED NUMBER: 03716399)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 91,844 91,844

CURRENT ASSETS
Cash at bank 49 49

CREDITORS
Amounts falling due within one year 5 721 721
NET CURRENT LIABILITIES (672 ) (672 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
91,172
91,172

CREDITORS
Amounts falling due after more than one
year
6
45,764
45,764
NET ASSETS 45,408 45,408

CAPITAL AND RESERVES
Called up share capital 13 13
Retained earnings 45,395 45,395
SHAREHOLDERS' FUNDS 45,408 45,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 April 2023 and were signed on its behalf by:





M Simon - Director


The notes form part of these financial statements

Page 2
BRUNSWICK HOUSE RESIDENTS LIMITED (REGISTERED NUMBER: 03716399)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Brunswick House Residents 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.

The company was dormant throughout the year ended 28 February 2023. However, reference to information relating to the year ended 28 February 2022 has been made where appropriate.

Tangible fixed assets
Freehold property relates to the costs associated with the purchase of the Freehold Reversion. There is not anticipated to be any reduction in residual value below the original cost, and consequently no depreciation is provided.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial liabilities like trade and other creditors, loans from third parties and loans from related parties. Basic financial liabilities are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Page 3 continued...
BRUNSWICK HOUSE RESIDENTS LIMITED (REGISTERED NUMBER: 03716399)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 March 2022
and 28 February 2023 91,844
NET BOOK VALUE
At 28 February 2023 91,844
At 28 February 2022 91,844

The cost of land and buildings represents the cost of the freehold property purchased using loans from shareholders who are leaseholders.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1 1
Other creditors 720 720
721 721

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 45,764 45,764

The other creditors represent loans from shareholders.

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BRUNSWICK HOUSE RESIDENTS LIMITED


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 Brunswick House Residents Limited for the year ended 28 February 2023 which comprise the Profit and Loss account, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Brunswick House Residents 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 Brunswick House Residents Limited and state those matters that we have agreed to state to the Board of Directors of Brunswick House Residents Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brunswick House Residents Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Brunswick House Residents 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 Brunswick House Residents Limited. You consider that Brunswick House Residents 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 Brunswick House Residents 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.






KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH


Date: .............................................

This page does not form part of the statutory financial statements

Page 5