Company Registration No. 08148288 (England and Wales)
PENTRE COED MANAGEMENT COMPANY LIMITED
Unaudited accounts
for the year ended 31 July 2017
PENTRE COED MANAGEMENT COMPANY LIMITED
Unaudited accounts
Contents
PENTRE COED MANAGEMENT COMPANY LIMITED
Company Information
for the year ended 31 July 2017
Directors
Robert Peter FLAXMAN
Patricia Jane GILL
Stephen GOODRHAM
Caroline HIGHAM
Charles Steven LISTER
Nigel David ROBINSON
Michael Christopher RYAN
John WATTS
Company Number
08148288 (England and Wales)
Registered Office
OFFICE 7
37-39 SHAKESPEARE STREET
SOUTHPORT
MERSEYSIDE
PR8 5AB
ENGLAND
Accountants
Henshaws Accountants
Office 7
37-39 Shakespeare Street
Southport
PR8 5AB
PENTRE COED MANAGEMENT COMPANY LIMITED
Statement of financial position
as at
31 July 2017
Tangible assets
1,560
1,560
Cash at bank and in hand
1,798
5,600
Creditors: amounts falling due within one year
-
(5,241)
Net current assets
1,798
659
Called up share capital
8
8
Profit and loss account
3,350
2,211
Shareholders' funds
3,358
2,219
For the year ending 31 July 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 9 January 2018.
Patricia Jane GILL
Director
Company Registration No. 08148288
PENTRE COED MANAGEMENT COMPANY LIMITED
Notes to the Accounts
for the year ended 31 July 2017
PENTRE COED MANAGEMENT COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08148288. The registered office is OFFICE 7, 37-39 SHAKESPEARE STREET, SOUTHPORT, MERSEYSIDE, PR8 5AB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 July 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents service charges receivable
Property Maintenance fund
Service charges collected from tenants in excess of costs incurred to date are accumulated in a non-distributable reserve to cover future maintenance costs
On the basis of the company's mutual trading status, no provision for corporation tax is required
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
PENTRE COED MANAGEMENT COMPANY LIMITED
Notes to the Accounts
for the year ended 31 July 2017
4
Tangible fixed assets
Land & buildings
Cost or valuation
At cost
6
Creditors: amounts falling due within one year
2017
2016
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).