Registration number:
BLUNDELLSANDS CLASSIC MANAGEMENT LIMITED
for the Year Ended 31 March 2020
BLUNDELLSANDS CLASSIC MANAGEMENT LIMITED
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
BLUNDELLSANDS CLASSIC MANAGEMENT LIMITED
Company Information
Directors |
Mr J R Platt Mrs K A Houghton Mrs A Hennessy Mr M D Stone |
Company secretary |
Retirement Security Limited |
Registered office |
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Auditors |
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BLUNDELLSANDS CLASSIC MANAGEMENT LIMITED
(Registration number: 04418592)
Balance Sheet as at 31 March 2020
Note |
2020 |
2019 |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Total equity |
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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 Income & Expenditure Account has been taken.
Approved and authorised by the
.........................................
Director
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Director
BLUNDELLSANDS CLASSIC MANAGEMENT LIMITED
Notes to the Financial Statements for the Year Ended 31 March 2020
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal place of business is:
19 Blundellsands Road West
Blundellsands
Liverpool
L23 6BA
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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'"and the Companies Act 2006.
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.
The presentation currency is £ Sterling.
Audit report
Revenue recognition
Turnover comprises amounts received in respect of services provided. Income is recognised when the service is provided.
Tax
Taxation for the year comprises current tax and is recognised in the Income & Expenditure Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation 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.
BLUNDELLSANDS CLASSIC MANAGEMENT LIMITED
Notes to the Financial Statements for the Year Ended 31 March 2020
Investments
Investments in shares are included at cost less impairment. Interest receivable on short term bonds is included in the income & expenditure account on an accruals basis.
Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to sell.
Leases
Rentals payable under operating leases are charged to the Income & Expenditure Account on a straight line basis over the term of the lease.
Defined contribution pension obligation
The company operates a defined benefits contribution scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable for the period by the company to the fund.
Financial instruments
Classification
Recognition and measurement
Employee Benefits
Short-term employee benefits, including holiday pay, are recognised as an expense in the Income & Expenditure Account in the period in which they are incurred.
Fund for Future Maintenance
The company has an obligation to the owners to set aside such sums of money as the Company shall reasonably require to meet such future costs as it shall reasonably expect to incur in replacing, maintaining and renewing those items which it has covenanted to replace, maintain or renew as required by the lease agreement in place with the owners. The result of income over expenditure in the period is transferred to the fund for future maintenance for these future costs to be expended from.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Debtors |
BLUNDELLSANDS CLASSIC MANAGEMENT LIMITED
Notes to the Financial Statements for the Year Ended 31 March 2020
2020 |
2019 |
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Trade debtors |
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Prepayments |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2020 |
2019 |
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Due within one year |
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Trade creditors |
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Accruals and deferred income |
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Other creditors |
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Fund for Future Maintenance |
103,691 |
193,780 |
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Share capital |
Allotted, called up and fully paid shares
2020 |
2019 |
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No. |
£ |
No. |
£ |
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62 |
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62 |
Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments not included in the balance sheet is £Nil
(2019 - £