| Katherine Court Freehold Management Limited |
| Registered number: |
08001524 |
| Balance Sheet |
| as at 31 March 2019 |
|
| Notes |
|
|
2019 |
|
|
2018 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
|
|
|
2,103 |
|
|
2,103 |
|
| Current assets |
| Debtors |
2 |
|
267 |
|
|
299 |
| Cash at bank held in trust |
|
|
4,812 |
|
|
3,208 |
|
|
|
5,079 |
|
|
3,507 |
|
| Creditors: amounts falling due within one year |
3 |
|
(3,495) |
|
|
(1,038) |
|
| Net current assets |
|
|
|
1,584 |
|
|
2,469 |
|
| Net assets |
|
|
|
3,687 |
|
|
4,572 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
8 |
|
|
8 |
| Maintenance reserve |
4 |
|
|
4,564 |
|
|
5,371 |
| Income and expenditure account |
|
|
|
(885) |
|
|
(807) |
|
| Shareholders' funds |
|
|
|
3,687 |
|
|
4,572 |
|
|
|
|
|
|
|
|
| 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 income and expenditure account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Miss Emma Brewer |
| Director |
| Approved by the board on 29 April 2019 |
|
| Katherine Court Freehold Management Limited |
| Notes to the Accounts |
| for the year ended 31 March 2019 |
|
| 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). |
|
|
Income |
|
Income represents service charges receivable. |
|
|
Income and expenditure account |
|
It is considered that the activities of the company does not give rise to a profit. Any excess service charges levied over the current expenditure will be transferred to the maintenance reserve, as will any excess of current expenditure over the service charges levied. |
|
|
Maintenance reserve |
|
The maintenance reserve comprises sums set aside to carry forward as a provision against future costs. Such provision is considered prudent to enable the company to be able to meet those large items of expenditure which occur on a cyclical basis every few years. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
Nil |
|
Fixture, fittings & equipment |
Nil |
|
| 2 |
Debtors |
2019 |
|
2018 |
| £ |
£ |
|
|
Prepayments |
267 |
|
299 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Trade creditors |
2,550 |
|
638 |
|
Accruals |
945 |
|
400 |
|
|
|
|
|
|
3,495 |
|
1,038 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Maintenance reserve |
2019 |
|
2018 |
| £ |
£ |
|
|
At 1 April 2018 |
5,371 |
|
4,990 |
|
Transfer from Income and Expenditure account |
|
|
|
|
(807) |
|
381 |
|
|
At 31 March 2019 |
4,564 |
|
5,371 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
Katherine Court Freehold Management Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
|
12 Clyde Road |
|
Wallington |
|
Surrey |
|
SM6 8PZ |
