St Martins Court (New Block) Management Limited
|
Registered number: |
05331871
|
Balance Sheet |
as at 31 March 2017
|
|
Notes |
|
|
2017 |
|
|
2016 |
£ |
£ |
Current assets |
Debtors |
2 |
|
372 |
|
|
2,270 |
Cash at bank and in hand |
|
|
19,659 |
|
|
13,057 |
|
|
|
20,031 |
|
|
15,327 |
|
Creditors: amounts falling due within one year |
3 |
|
(1,869) |
|
|
- |
|
Net current assets |
|
|
|
18,162 |
|
|
15,327 |
|
Net assets |
|
|
|
18,162 |
|
|
15,327 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
23 |
|
|
23 |
Other reserves |
4 |
|
|
11,209 |
|
|
11,209 |
Profit and loss account |
|
|
|
6,930 |
|
|
4,095 |
|
Shareholders' funds |
|
|
|
18,162 |
|
|
15,327 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
|
|
|
|
C Lamb |
Director |
Approved by the board on 3 October 2017
|
|
St Martins Court (New Block) Management Limited
|
Notes to the Accounts |
for the year ended 31 March 2017
|
|
|
1 |
Accounting policies |
|
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
|
|
|
Turnover |
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Turnover represents income recovered from property owners by way of a re-charge of the costs of managing the property on behalf of the owners
|
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
|
|
|
Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
|
|
|
Taxation |
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As a company operated on behalf of the property owners who are responsible for 100% of the company's income, the company has no liability for corporation tax.
|
|
|
Provisions |
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Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
|
|
|
2 |
Debtors |
2017 |
|
2016 |
£ |
£ |
|
|
Other debtors |
372 |
|
2,270 |
|
|
|
|
|
|
|
|
|
|
3 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
£ |
£ |
|
|
Other creditors |
1,869 |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
Other reserves |
2017 |
|
2016 |
£ |
£ |
|
|
At 1 April 2016 |
11,209 |
|
11,209 |
|
|
At 31 March 2017 |
11,209 |
|
11,209 |
|
|
|
|
|
|
|
|
|
|
|
5 |
Other information |
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St Martins Court (New Block) Management Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
1 Bowden Way |
|
Failand |
|
Bristol |
|
BS8 3XA |