Wainwright Court Management Co Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03296857 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 25 DECEMBER 2017 TO 31 DECEMBER 2018

FOR

WAINWRIGHT COURT MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R D Jefferies

Mrs P J Nye

Mrs M G Organ

Mr C M Dryden

Mrs A M Kiely

SECRETARY:

REGISTERED OFFICE:

133 High Street

Broadstairs

Kent

CT10 1NG

REGISTERED NUMBER:

03296857 (England and Wales)

ACCOUNTANTS:

Percy Gore & Co

Chartered Accountants

39 Hawley Square

Margate

Kent

CT9 1NZ

BANKERS:

Lloyds Bank Plc

3 Queen Street

Ramsgate

Kent

CT11 9DL

MANAGING AGENT:

Cockett Henderson

133 High Street

Broadstairs

Kent

CT10 1NG

CURRENT ASSETS

Debtors

4

5,933

3,000

Cash at bank

15,967

14,806

21,900

17,806

CREDITORS

Amounts falling due within one year

5

2,494

3,400

NET CURRENT ASSETS

19,406

14,406

TOTAL ASSETS LESS CURRENT LIABILITIES

19,406

14,406

CREDITORS

Amounts falling due after more than one year

6

18,602

13,602

NET ASSETS

804

804

CAPITAL AND RESERVES

Called up share capital

7

10

10

Retained earnings

794

794

SHAREHOLDERS' FUNDS

804

804

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 25 March 2019 and were signed on its behalf by:

Mr R D Jefferies - Director

1.	STATUTORY INFORMATION

Wainwright Court Management Company Ltd is a private company, limited by shares, registered in England and

Wales. The company's registered number is 03296857 and the registered office address is 133 High Street,

Broadstairs, Kent CT10 1NG.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

The company's turnover represents the value of service charges charged to flat owners during the year.

Basic financial instruments

Other debtors and other creditors including prepayments and accruals are measured at transaction value.

Cash and cash equivalents are deposits held at the bank.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2017 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Funds held by property agents

4,330

3,000

Lessees funds deficit

523

-

Other debtors

1,080

-

5,933

3,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Lessees funds

-

2,622

Sundry creditors

1,767

-

Accruals and deferred income

727

778

2,494

3,400

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Lessees sinking fund

18,602

13,602

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

10

Ordinary

£1

10

10

8.	RELATED PARTY DISCLOSURES

Each member of the company, including the five directors, owns a flat or other property in Wainwright Court and

contributes proportionately to the company as consideration for communal services.