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Unaudited Financial Statements |
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for the Year Ended |
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31 March 2020 |
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for |
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Beechfield (Management) Company Limited |
REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Year Ended |
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31 March 2020 |
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for |
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Beechfield (Management) Company Limited |
Beechfield (Management) Company Limited (Registered number: 01660090) |
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Contents of the Financial Statements |
for the Year Ended 31 March 2020 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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Beechfield (Management) Company Limited |
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Company Information |
for the Year Ended 31 March 2020 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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The Old Bakehouse |
Course Road |
Ascot |
Berkshire |
SL5 7HL |
Beechfield (Management) Company Limited (Registered number: 01660090) |
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Balance Sheet |
31 March 2020 |
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31.3.20 | 31.3.19 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 5 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
6 |
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( |
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PROVISIONS FOR LIABILITIES | 7 | ( |
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NET ASSETS |
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RESERVES |
Retained earnings | 8 |
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The directors acknowledge their responsibilities for: |
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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. |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors and authorised for issue on
signed on its behalf by: |
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Beechfield (Management) Company Limited (Registered number: 01660090) |
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Notes to the Financial Statements |
for the Year Ended 31 March 2020 |
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1. | STATUTORY INFORMATION |
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Beechfield (Management) Company Limited is a
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and Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover represents service charges levied on residents based on budgeted expenditure for the year. This |
company is not registered for VAT. |
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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. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was NIL (2019 - NIL). |
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4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.20 | 31.3.19 |
£ | £ |
Other debtors |
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Service charges due |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.20 | 31.3.19 |
£ | £ |
Service charges in advance | 1,670 | 1,231 |
Accrued expenses |
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6. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
31.3.20 | 31.3.19 |
£ | £ |
Deposits | 1,960 | 1,960 |
Beechfield (Management) Company Limited (Registered number: 01660090) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 March 2020 |
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7. | PROVISIONS FOR LIABILITIES |
31.3.20 | 31.3.19 |
£ | £ |
Other provisions |
Reserves b/fwd | 5,456 | - |
General reserves | 2,749 | 4,028 |
Redecoration reserve | 5,950 | 5,942 |
Expenditure from reserve | (1,800 | ) | - |
Redecoration expenditure from reserve | (3,940 | ) | (4,514 | ) |
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8. | RESERVES |
Retained |
earnings |
£ |
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At 1 April 2019 |
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Profit for the year |
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At 31 March 2020 |
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9. | DEPOSITS |
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Under the terms of the lease agreements between the Company, the lessees and the freeholder, each lessee is |
obliged to deposit with the Company £40 which sum may be retained by the Company during the term of the |
lease to make good any default by a lessee in paying sums due to the Company. |