Company Registration No. 05680356 (England and Wales)
49 SCHUBERT ROAD MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2019
49 SCHUBERT ROAD MANAGEMENT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
49 SCHUBERT ROAD MANAGEMENT LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2019
31 January 2019
- 1 -
2019
2018
Notes
£
£
£
£
Current assets
Cash at bank and in hand
6,983
4,835
Creditors: amounts falling due within one year
2
(6,978)
(4,830)
Net current assets
5
5
Capital and reserves
Called up share capital
3
4
4
Profit and loss reserves
1
1
Total equity
5
5
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 January 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their 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 by the board of directors and authorised for issue on 28 October 2019 and are signed on its behalf by:
Mr N M Burns
Director
Company Registration No. 05680356
49 SCHUBERT ROAD MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2019
- 2 -
1
Accounting policies
Company information
49 Schubert Road Management Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
1-3 Bank Chambers, Churchyardside, Nantwich, England, CW5 5DE.
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
Cash at bank and in hand
Cash and cash equivalents
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.
1.3
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Creditors: amounts falling due within one year
2019
2018
£
£
Other creditors
6,478
4,330
Accruals and deferred income
500
500
6,978
4,830
3
Called up share capital
2019
2018
£
£
Ordinary share capital
Issued and fully paid
4 Ordinary of £1 each
4
4