Aintree Residents Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08145881 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2018

for

Aintree Residents Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms M Koutsoudis-Bhuller

R J M Lepper

D C O'Leary

P Mathon

REGISTERED OFFICE:

Kings Works

Kings Road

Teddington

TW11 0QB

REGISTERED NUMBER:

08145881 (England and Wales)

ACCOUNTANTS:

Grays Accountants Ltd

Chartered Accountants

Kings Works

Kings Road

Teddington

Middlesex

TW11 0QB

FIXED ASSETS

Tangible assets

3

9

9

CURRENT ASSETS

Debtors

4

14,634

9,677

Cash at bank

18,390

17,996

33,024

27,673

CREDITORS

Amounts falling due within one year

5

1,116

1,866

NET CURRENT ASSETS

31,908

25,807

TOTAL ASSETS LESS CURRENT LIABILITIES

31,917

25,816

PROVISIONS FOR LIABILITIES

26,550

20,450

NET ASSETS

5,367

5,366

CAPITAL AND RESERVES

Called up share capital

9

9

Retained earnings

5,358

5,357

SHAREHOLDERS' FUNDS

5,367

5,366

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 26 April 2019 and were signed on its behalf by:

R J M Lepper - Director

P Mathon - Director

Ms M Koutsoudis-Bhuller - Director

D C O'Leary - Director

1.	STATUTORY INFORMATION

Aintree Residents Company 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 service charges received and receivable during the period, sufficient, in the opinion of the directors of

the company, to support current expenditure and to maintain the sufficiency of dilapidation provisions on the parts of the

property for which the management company is responsible.

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

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.

Dilapidation provisions

Derived from service charges raised, the directors maintain dilapidation provisions sufficient in their opinion to cover

medium to long-term major works that can be reasonably anticipated, Provisions raised or utilised in the year are charged or

credited to income and expenditure with the balance at the period end held within Provisions for Liabilities shown on the

balance sheet.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 August 2017

and 31 July 2018

9

NET BOOK VALUE

At 31 July 2018

9

At 31 July 2017

9

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Trade debtors

14,634

9,677

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Trade creditors

144

-

Other creditors

972

1,866

1,116

1,866