Company Registration No. 04074885 (England and Wales)
ASTON HALL MANAGEMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018
PAGES FOR FILING WITH REGISTRAR
ASTON HALL MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ASTON HALL MANAGEMENT COMPANY LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2018
30 September 2018
- 1 -
2018
2017
Notes
£
£
£
£
Current assets
Debtors
2
21,751
31,616
Cash at bank and in hand
3,555
730
25,306
32,346
Creditors: amounts falling due within one year
3
(18,186)
(25,601)
Net current assets
7,120
6,745
Capital and reserves
Called up share capital
4
9
9
Profit and loss reserves
7,111
6,736
Total equity
7,120
6,745
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 30 September 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 12 June 2019
A J Mason
Director
Company Registration No. 04074885
ASTON HALL MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018
- 2 -
1
Accounting policies
Company information
Aston Hall Management Company Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
1 Knights Court, Archers Way, Battlefield Enterprise Park, Shrewsbury, Shropshire, SY1 3GA.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable
, and
is shown net of VAT and other taxes
.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
1.3
Cash at bank and in hand
Cash at bank and in hand
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2
Debtors
2018
2017
Amounts falling due within one year:
£
£
Trade debtors
18,919
16,668
Other debtors
2,832
14,948
21,751
31,616
3
Creditors: amounts falling due within one year
2018
2017
£
£
Trade creditors
-
796
Accruals and deferred income
18,186
24,805
18,186
25,601
ASTON HALL MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2018
- 3 -
4
Called up share capital
2018
2017
£
£
Ordinary share capital
Issued and fully paid
9 Ordinary shares of £1 each
9
9
5
Related party transactions
Included in other debtors is £
2,832
(201
7
: £
14,948
) due from Ecostruct Limited, a company of which A J Mason is the sole director and shareholder.