43 Fernbank Road Management Company Limited - Period Ending 2018-12-31

Registration number: 01815770

43 Fernbank Road Management Company Limited

Annual Report and Unaudited Filleted Financial Statements (Filleted)

for the Year Ended 31 December 2018

43 Fernbank Road Management Company Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	4 to 5

43 Fernbank Road Management Company Limited

Company Information

Directors

A Woodward J Hoskins F Lacy

Company secretary

A Woodward

Registered office

43 Fernbank Road Redland Bristol BS6 6PX

Accountants

Burton Sweet Chartered Accountants and Business Advisers Spencer House 6 Morston Court Aisecome Way Weston-super-Mare North Somerset BS22 8NG

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43 Fernbank Road Management Company Limited

(Registration number: 01815770)
Balance Sheet
31 December 2018

	Note	2018 £	2017 £
Current assets
Cash at bank and in hand		1,521	1,665
Creditors: Amounts falling due within one year	4	(1,521)	(1,665)
Net assets/(liabilities)		-	-
Capital and reserves
Total equity		-	-

The notes on pages 4 to 5 form an integral part of these financial statements.

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43 Fernbank Road Management Company Limited

(Registration number: 01815770)
Balance Sheet
31 December 2018

For the financial year ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 13 March 2019 and signed on its behalf by:
 

A Woodward

Company secretary and director

The notes on pages 4 to 5 form an integral part of these financial statements.

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43 Fernbank Road Management Company Limited

Notes to the Financial Statements
Year Ended 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:
43 Fernbank Road
Redland
Bristol
BS6 6PX

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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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43 Fernbank Road Management Company Limited

Notes to the Financial Statements
Year Ended 31 December 2018

Trade creditors

Trade creditors are obligations to pay for services that have been acquired in the ordinary course of business. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2017 - 3).

4

Creditors

	Note	2018 £	2017 £
Due within one year
Trade creditors		1,305	1,449
Other creditors		216	216
		1,521	1,665

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