Sheffield Park Management Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02393453 (England and Wales)

SHEFFIELD PARK MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

P G B Enser

S L Howell

A M E Knipe

N A C Bright

SECRETARY:

K L Masefield-Baker

REGISTERED OFFICE:

2 St Andrews Place

Lewes

East Sussex

BN7 1UP

REGISTERED NUMBER:

02393453 (England and Wales)

ACCOUNTANTS:

Clark Brownscombe

Chartered Accountants

2 St Andrews Place

Lewes

East Sussex

BN7 1UP

FIXED ASSETS

Tangible assets

3

104,968

104,968

CURRENT ASSETS

Debtors

4

25,385

27,798

Cash at bank

101,560

76,389

126,945

104,187

CREDITORS

Amounts falling due within one year

5

71,735

24,401

NET CURRENT ASSETS

55,210

79,786

TOTAL ASSETS LESS CURRENT LIABILITIES

160,178

184,754

CAPITAL AND RESERVES

Called up share capital

6

680

680

Fair value reserve

7

104,968

104,968

Retained earnings

7

54,530

79,106

SHAREHOLDERS' FUNDS

160,178

184,754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2018 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 24th June 2019 and were signed on its behalf by:

P G B Enser - Director

1.	STATUTORY INFORMATION

Sheffield Park Management Limited is a private company, limited by shares , registered in England and Wales.

The 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the total of contributions receivable in the year from shareholders and users of communal

services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1st January 2018

and 31st December 2018

104,968

NET BOOK VALUE

At 31st December 2018

104,968

At 31st December 2017

104,968

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

11,174

23,764

Other debtors

14,211

4,034

25,385

27,798

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

39,225

11,164

Other creditors

32,510

13,237

71,735

24,401

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

68

Ordinary

£10

680

680

7.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st January 2018

79,106

104,968

184,074

Deficit for the year

(24,576

)

-

(24,576

)

At 31st December 2018

54,530

104,968

159,498

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Sheffield Park Management Limited for the year ended 31st December 2018 which comprise the

Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Sheffield Park Management Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sheffield Park Management Limited and state those matters that we have agreed to state to the Board of Directors of Sheffield Park Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sheffield Park Management Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Sheffield Park Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Sheffield Park Management Limited. You consider that Sheffield Park Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sheffield Park Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Clark Brownscombe

Chartered Accountants

2 St Andrews Place

Lewes

East Sussex

BN7 1UP

25th June 2019