71 Park Street Management Limited - Accounts to registrar (filleted) - small 18.2
71 Park Street Management Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 September 2018 |
| for |
| 71 Park Street Management Limited |
| 71 Park Street Management Limited (Registered number: 02650248) |
| Contents of the Financial Statements |
| for the Year Ended 30 September 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| 71 Park Street Management Limited |
| Company Information |
| for the Year Ended 30 September 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Ground Floor, Bury House |
| 31 Bury Street |
| London |
| EC3A 5AR |
| 71 Park Street Management Limited (Registered number: 02650248) |
| Balance Sheet |
| 30 September 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| AMOUNTS DUE TO TENANTS | ( |
) | ( |
) |
| TENANT DEPOSITS HELD AT BANK |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Share premium |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| 71 Park Street Management Limited (Registered number: 02650248) |
| Notes to the Financial Statements |
| for the Year Ended 30 September 2018 |
| 1. | STATUTORY INFORMATION |
| 71 Park Street Management Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The director considers that Pounds Sterling are the company's functional currency. The financial statements are therefore |
| presented in Pounds Sterling. |
| Tangible fixed assets |
| Long leasehold | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that |
| it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and 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. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in |
| which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted |
| or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be |
| recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Other operating income |
| Other operating income represents licence fees and rental income. |
| 3. | TANGIBLE FIXED ASSETS |
| Land and |
| buildings |
| £ |
| COST |
| At 1 October 2017 |
| and 30 September 2018 |
| DEPRECIATION |
| At 1 October 2017 |
| Charge for year |
| At 30 September 2018 |
| NET BOOK VALUE |
| At 30 September 2018 |
| At 30 September 2017 |
| 71 Park Street Management Limited (Registered number: 02650248) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2018 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Due from Lessees |
| Prepayments |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Surplus due to lessees | 25,487 | - |
| Corporation tax |
| Other creditors |
| Sinking fund | 111,946 | 111,946 |
| Loan notes | 1,049 | 1,049 |
| Accruals and deferred income |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1 | 13 | 13 |
| 7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| During the year, the Company paid a total dividends of £26,000 of which £6,000 were paid to the directors of the company. |
| 8. | ULTIMATE CONTROLLING PARTY |
| In the opinion of directors there is no Ultimate Controlling Party. |