A H C Management Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06538331 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2018

for

A H C Management Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Jenkins

A D Jenkins

D A Jenkins

Mrs C A Jenkins

SECRETARY:

B Jenkins

REGISTERED OFFICE:

Unit 3B Greystoke Business Centre

High Street

Portishead

Bristol

BS20 6PY

REGISTERED NUMBER:

06538331 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

City of Bristol

BS32 4JY

FIXED ASSETS

Tangible assets

4

604,374

604,884

CURRENT ASSETS

Debtors

5

2,532

2,294

Cash at bank

140,638

139,546

143,170

141,840

CREDITORS

Amounts falling due within one year

6

296,702

384,977

NET CURRENT LIABILITIES

(153,532

)

(243,137

)

TOTAL ASSETS LESS CURRENT LIABILITIES

450,842

361,747

CREDITORS

Amounts falling due after more than one year

7

140,852

166,159

NET ASSETS

309,990

195,588

CAPITAL AND RESERVES

Called up share capital

9

10,000

100

Retained earnings

299,990

195,488

SHAREHOLDERS' FUNDS

309,990

195,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 2 April 2019 and were signed on its behalf by:

D A Jenkins - Director

A D Jenkins - Director

1.	STATUTORY INFORMATION

A H C Management Services 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 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

Revalued in line with FRS 15

Computer equipment

-

33.33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

Computer

property

property

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 October 2017

and 30 September 2018

598,912

2,575

5,531

250

607,268

DEPRECIATION

At 1 October 2017

-

-

2,134

250

2,384

Charge for year

-

-

510

-

510

At 30 September 2018

-

-

2,644

250

2,894

NET BOOK VALUE

At 30 September 2018

598,912

2,575

2,887

-

604,374

At 30 September 2017

598,912

2,575

3,397

-

604,884

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade debtors

470

-

Tax

1,614

1,614

Prepayments

448

680

2,532

2,294

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Mortgage less than one year

14,759

14,759

Trade creditors

775

3,282

Tax

80,988

63,231

Social security and other taxes

1,318

(102

)

VAT

10,640

38,433

Other Creditors

3,000

3,000

Inter Company creditor

184,221

244,610

Directors' current accounts

-

16,763

Accrued expenses

1,001

1,001

296,702

384,977

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.18

30.9.17

£

£

Other loans - 1-2 years

15,581

15,581

Other loans - 2-5 years

50,885

50,885

Other loans more 5yrs instal

74,386

99,693

140,852

166,159

30.9.18

30.9.17

£

£

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

74,386

99,693

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.18

30.9.17

£

£

Mortgage less than one year

155,611

180,918

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.18

30.9.17

value:

£

£

100

Ordinary

1

100

100

100

Ordinary

1

100

-

9,800

Ordinary

1

9,800

-

10,000

100

10.	RELATED PARTY DISCLOSURES

The Directors of AHC Management Services Ltd are also the Directors and ultimate controlling party of Euroflo

Group Ltd. During the period the company invoiced Euroflo Group Ltd £638,816 net ( £567,015 2017) for

management charges. The balance owed to Euroflo Group Ltd at 30 September 2018 was £184,221 ( £244,610

2017)

During the year the Directors received dividends of £250,000

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by the Directors by virtue of them owning 100% of the issued share capital.