ACCOUNTS - Final Accounts

3 BRYANSTON SQUARE TENANTS MANAGEMENT COMPANY LIMITED - Company Information

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31false2022-01-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 1043701 2022-01-01 2022-12-31 1043701 2021-01-01 2021-12-31 1043701 2022-12-31 1043701 2021-12-31 1043701 c:Director1 2022-01-01 2022-12-31 1043701 d:PlantMachinery 2022-01-01 2022-12-31 1043701 d:PlantMachinery 2022-12-31 1043701 d:PlantMachinery 2021-12-31 1043701 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 1043701 d:OtherPropertyPlantEquipment 2022-01-01 2022-12-31 1043701 d:OtherPropertyPlantEquipment 2022-12-31 1043701 d:OtherPropertyPlantEquipment 2021-12-31 1043701 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 1043701 d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 1043701 d:CurrentFinancialInstruments 2022-12-31 1043701 d:CurrentFinancialInstruments 2021-12-31 1043701 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 1043701 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 1043701 d:ShareCapital 2022-12-31 1043701 d:ShareCapital 2021-12-31 1043701 c:FRS102 2022-01-01 2022-12-31 1043701 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 1043701 c:FullAccounts 2022-01-01 2022-12-31 1043701 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 1043701

3 BRYANSTON SQUARE TENANTS MANAGEMENT COMPANY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

3 BRYANSTON SQUARE TENANTS MANAGEMENT COMPANY LIMITED

REGISTERED NUMBER: 1043701

BALANCE SHEET

AS AT 31 DECEMBER 2022

		2022		2021
Note		£		£

Fixed assets
Tangible assets	4		3,567		8,031
Current assets
Debtors: amounts falling due within one year	5	1,648		1,544
Cash at bank and in hand		3,449		5,936
		5,097		7,480
Creditors: amounts falling due within one year	6	(8,656)		(15,503)
Net current liabilities			(3,559)		(8,023)
Total assets less current liabilities			8		8

Net assets			8		8

Capital and reserves
Called up share capital	8	8
	8	8

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the income and expenditure account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 September 2023.

Miss F R Crouch

Director

The notes on pages 2 to 4 form part of these financial statements.

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3 BRYANSTON SQUARE TENANTS MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

1.	General information

3 Bryanston Square Tenants Management Company Limited is a private company, limited by shares,
incorporated in England and Wales, with a company registration number 01043701. The registered office of the company is Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew,
Norwich, NR7 0HR.
The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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3 BRYANSTON SQUARE TENANTS MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

2.3

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Plant & machinery	-	10%
				Other fixed assets	-	10%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).

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3 BRYANSTON SQUARE TENANTS MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

4.	Tangible fixed assets

	Plant & machinery	Other fixed assets	Total
	£	£	£
Cost or valuation
At 1 January 2022	1,415	44,636	46,051
At 31 December 2022	1,415	44,636	46,051
Depreciation
At 1 January 2022	1,414	36,606	38,020
Charge for the year on owned assets	-	4,464	4,464
At 31 December 2022	1,414	41,070	42,484
Net book value
At 31 December 2022	1	3,566	3,567
At 31 December 2021	1	8,030	8,031

Debtors

					2022	2021
					£	£


Prepayments and accrued income	1,648	1,544

6.	Creditors: Amounts falling due within one year
		2022	2021
		£	£

Payments received on account	4,127	6,578
Other creditors	3,567	8,032
Accruals and deferred income	962	893
	8,656	15,503

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