Barsand House Management Company Limited - Period Ending 2023-05-31

Barsand House Management Company Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 5

Barsand House Management Company Limited

Company Information

Director

Mr BM Alcock

Company secretary

Mr TD Pepper

Registered office

Suite 26 Atlas House West Devon Business Park Tavistock Devon PL19 9DP

Accountants

Houndiscombe Consultants Limited T/A Condy Mathias Chartered Accountants 3 Atlas House West Devon Business Park Tavistock Devon PL19 9DP

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Barsand House Management Company Limited
for the Year Ended 31 May 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Barsand House Management Company Limited for the year ended 31 May 2023 as set out on pages 3 to 5 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 at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Barsand House Management Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Barsand House Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Barsand House Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Barsand House Management Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Barsand House Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Barsand House Management Company Limited. You consider that Barsand House 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 accounts of Barsand House 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 accounts.

......................................

Houndiscombe Consultants Limited
T/A Condy Mathias Chartered Accountants
3 Atlas House
West Devon Business Park
Tavistock
Devon
PL19 9DP

25 October 2023

Barsand House Management Company Limited

(Registration number: 05809647)
Balance Sheet as at 31 May 2023

	Note	2023 £	2022 £
Current assets
Cash at bank and in hand		4,372	3,726
Creditors: Amounts falling due within one year	4	(4,372)	(3,726)
Net assets/(liabilities)		-	-
Capital and reserves
Shareholders' funds/(deficit)		-	-

For the financial year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 25 October 2023
 

.........................................

Mr BM Alcock

Director

Barsand House Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

1	General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
Suite 26 Atlas House
West Devon Business Park
Tavistock
Devon
PL19 9DP

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2022 - 2).

4

Creditors

Creditors: amounts falling due within one year

	2023 £	2022 £
Due within one year
Amount due to Barsand House Property Service Charge Account	4,372	3,726

5	Company status

The company is a private limited company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £nil towards the assets of the company in the event of liquidation.

Barsand House Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

6	Related party transactions

Barsand House Property Service Charge account owes £852 (2022: £687) to the directors in respect of overpaid contributions to the residents' fund.

Control

There is no controlling entity. Each dwelling holder is a member in accordance with the terms of the Articles of Association.

7

Taxation

There is no income received by the company on which it pays corporation tax. H M Revenue & Customs has in any event agreed that the company should be treated as dormant for corporation tax purposes.