Lawrence House Management Company (City Road) Limited - Period Ending 2018-12-31

Registration number: 06802746

Lawrence House Management Company (City Road) Limited
Annual Report and
Unaudited Financial Statements
31 December 2018

Lawrence House Management Company (City Road) Limited

Balance Sheet
31 December 2018

	Note	2018 £	2017 £
Current assets
Debtors	3	139	139
Capital and reserves
Called up share capital	4	139	139
Total equity		139	139

For the financial year ending 31 December 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 7 February 2019 and signed on its behalf by:
 

.........................................

G Gledhill

Director

Company Registration Number: 06802746

The notes on pages 2 to 3 form an integral part of these financial statements.

1

Lawrence House Management Company (City Road) Limited

Notes to the Financial Statements
31 December 2018

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Derwent House
Waterfold Business Park
Bury
Lancashire
BL9 7BR

These financial statements were authorised for issue by the Board on 7 February 2019.

2	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 were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2

Lawrence House Management Company (City Road) Limited

Notes to the Financial Statements
31 December 2018

3

Debtors

	2018 £	2017 £
Other debtors	139	139
	139	139

4	Share capital

Allotted, called up and fully paid shares

	2018		2017
	No.	£	No.	£
Ordinary shares of £1 each	139	139	139	139

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