The Ryton Hall (Shropshire) Management Company Limited Filleted accounts for Companies House (small and micro)

The Ryton Hall (Shropshire) Management Company Limited Filleted accounts for Companies House (small and micro)

THE RYTON HALL (SHROPSHIRE) MANAGEMENT COMPANY LIMITED - Company Information

Print Friendly Version

false false false false false false false false false true false false false false false false false No description of principal activity 2017-07-01 Sage Accounts Production Advanced 2018 - FRS xbrli:pure xbrli:shares iso4217:GBP 04316234 2017-07-01 2018-06-30 04316234 2018-06-30 04316234 2017-06-30 04316234 2017-06-30 04316234 bus:OrdinaryShareClass1 2017-07-01 2018-06-30 04316234 bus:Director3 2017-07-01 2018-06-30 04316234 core:WithinOneYear 2018-06-30 04316234 core:WithinOneYear 2017-06-30 04316234 core:ShareCapital 2018-06-30 04316234 core:ShareCapital 2017-06-30 04316234 core:OnerousContractsExcludingVacantProperties 2017-06-30 04316234 core:OnerousContractsExcludingVacantProperties 2018-06-30 04316234 bus:SmallEntities 2017-07-01 2018-06-30 04316234 bus:AuditExemptWithAccountantsReport 2017-07-01 2018-06-30 04316234 bus:FullAccounts 2017-07-01 2018-06-30 04316234 bus:SmallCompaniesRegimeForAccounts 2017-07-01 2018-06-30 04316234 bus:PrivateLimitedCompanyLtd 2017-07-01 2018-06-30 04316234 bus:OrdinaryShareClass1 2018-06-30 04316234 bus:OrdinaryShareClass1 2017-06-30 04316234 core:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2017-06-30 04316234 core:FurtherSpecificTypeProvisionContingentLiability2ComponentTotalProvisionsContingentLiabilities 2017-06-30 04316234 core:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2017-07-01 2018-06-30 04316234 core:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2018-06-30 04316234 core:FurtherSpecificTypeProvisionContingentLiability2ComponentTotalProvisionsContingentLiabilities 2018-06-30
COMPANY REGISTRATION NUMBER: 04316234
The Ryton Hall (Shropshire) Management Company Limited
Filleted Unaudited Financial Statements
30 June 2018
The Ryton Hall (Shropshire) Management Company Limited
Financial Statements
Year ended 30 June 2018
Contents
Pages
Statement of financial position
1
Notes to the financial statements
2 to 3
The Ryton Hall (Shropshire) Management Company Limited
Statement of Financial Position
30 June 2018
2018
2017
Note
£
£
Current assets
Debtors
4
4,179
3,742
Cash at bank and in hand
22,842
26,235
---------
---------
27,021
29,977
Creditors: amounts falling due within one year
5
2,282
1,320
---------
---------
Net current assets
24,739
28,657
---------
---------
Total assets less current liabilities
24,739
28,657
Provisions
6
24,729
28,647
---------
---------
Net assets
10
10
---------
---------
Capital and reserves
Called up share capital
7
10
10
---------
---------
Shareholders funds
10
10
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 30 June 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 28 March 2019 , and are signed on behalf of the board by:
Mr R D Fowler
Director
Company registration number: 04316234
The Ryton Hall (Shropshire) Management Company Limited
Notes to the Financial Statements
Year ended 30 June 2018
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Ryton Hall, Ryton Park, Ryton, Shifnal, Shropshire, TF11 9NY.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Tax
The charge for tax is based on the profit for the year.
Revenue recognition
Turnover represents the amounts receivable from flat owners for ground rents, levies and contributions to running expenses.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Debtors
2018
2017
£
£
Other debtors
4,179
3,742
---------
---------
5. Creditors: amounts falling due within one year
2018
2017
£
£
Accruals and deferred income
2,240
1,240
Corporation tax
42
80
---------
---------
2,282
1,320
---------
---------
6. Provisions
Roads
Redecoration
Internal Redecoration
Total
£
£
£
£
At 1 July 2017
10,329
15,537
2,781
28,647
Charge against provision
–
( 3,918)
–
( 3,918)
---------
---------
---------
---------
At 30 June 2018
10,329
11,619
2,781
24,729
---------
---------
---------
---------
7. Called up share capital
Issued, called up and fully paid
2018
2017
No
£
No
£
Ordinary shares of £ 1 each
10
10
10
10
---------
---------
---------
---------
8. Related party transactions