| Barton House Sidmouth Management Ltd |
| Registered number: |
06973369 |
| Balance Sheet |
| as at 31 July 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
2,733 |
|
|
2,857 |
|
| Current assets |
| Cash at bank and in hand |
|
|
2,381 |
|
|
2,463 |
|
| Creditors: amounts falling due within one year |
3 |
|
(240) |
|
|
(270) |
|
| Net current assets |
|
|
|
2,141 |
|
|
2,193 |
|
| Net assets |
|
|
|
4,874 |
|
|
5,050 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
4 |
|
|
4 |
| Profit and loss account |
|
|
|
4,870 |
|
|
5,046 |
|
| Shareholders' funds |
|
|
|
4,874 |
|
|
5,050 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Fiona Mary Furber |
| Director |
| Approved by the board on 31 March 2019 |
|
| Barton House Sidmouth Management Ltd |
| Notes to the Accounts |
| for the year ended 31 July 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the contributions made by flat owners towards the upkeep and maintenance of the property. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 25 years |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
No provision has been made for Corporation Tax because it has been agreed with HM Revenue and Customs that the company will not be required to submit a Company Tax Return until, at least, 31 May 2021, provided that certain conditions continue to be maintained. |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 August 2017 |
3,105 |
|
At 31 July 2018 |
3,105 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2017 |
248 |
|
Charge for the year |
124 |
|
At 31 July 2018 |
372 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2018 |
2,733 |
|
At 31 July 2017 |
2,857 |
|
|
| 3 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Other creditors |
240 |
|
270 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Controlling party |
|
|
The Directors hold between them all of the issued share capital of the company and are, therefore, the ultimate controlling parties. |
|
|
| 5 |
Other information |
|
|
Barton House Sidmouth Management Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Pegasus Property Management Ltd |
|
East Street |
|
Sidmouth |
|
Devon |
|
EX10 8BL |
