MARLBOROUGH HOUSE BS2 9JX MANAGEMENT COMPANY LTD
MARLBOROUGH HOUSE BS2 9JX MANAGEMENT COMPANY LTD
Registered number: 09341161
Unaudited Financial Statements
For The Year Ended 31 December 2018
Boden Hill Limited
MARLBOROUGH HOUSE BS2 9JX MANAGEMENT COMPANY LTD
Unaudited Financial Statements
For The Year Ended 31 December 2018
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
MARLBOROUGH HOUSE BS2 9JX MANAGEMENT COMPANY LTD
Balance Sheet
As at
31 December 2018
Balance Sheet
Registered number:
09341161
For the year ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2018 | 2017 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 |
|
|
||
|
|
|
||||
| CURRENT ASSETS | |||||
| Debtors - Amounts recoverable from Flat Owners | 5 |
|
|
||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| Creditors: Amounts Falling Due Within One Year | 6 |
( |
( |
||
| NET CURRENT ASSETS (LIABILITIES) |
|
|
|||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
| Creditors: Amounts Falling Due After More Than One Year | 7 |
( |
( |
||
| NET ASSETS |
|
|
|||
| CAPITAL AND RESERVES | |||||
| Called up share capital | 8 |
|
|
||
| Profit and Loss Account |
|
|
|||
| SHAREHOLDERS' FUNDS | 1,642 | 840 | |||
Page 1
MARLBOROUGH HOUSE BS2 9JX MANAGEMENT COMPANY LTD
Balance Sheet (continued)
As at
31 December 2018
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
|
|
|
|
The notes on pages 3 to 4 form part of these financial statements.
Page 2
MARLBOROUGH HOUSE BS2 9JX MANAGEMENT COMPANY LTD
Notes to the Financial Statements
For The Year Ended 31 December 2018
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
The company receives contributions from the Flat Owners, who are members of the company, and pays expenses associated with maintaining the common parts of the building in good condition.
1.3.
Tangible Fixed Assets and Depreciation
No depreciation has been provided on the Freehold Property as it is the company's policy to maintain the building in its present condition for the foreseeable future.
| Freehold |
|
3.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2018 | 2017 | ||
|---|---|---|---|
| Office and administration |
|
|
|
|
|
|
||
4.
Tangible Assets
| Land & Property | |
|---|---|
| Freehold | |
| £ | |
| Cost | |
| As at |
|
| As at |
|
| Net Book Value | |
| As at |
|
| As at |
|
5.
Debtors - Amounts recoverable from Flat Owners
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
|
|
|
|
|
|
||
Page 3
MARLBOROUGH HOUSE BS2 9JX MANAGEMENT COMPANY LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2018
6.
Creditors: Amounts Falling Due Within One Year
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Accruals and deferred income |
|
|
|
|
|
|
||
7.
Creditors: Amounts Falling Due After More Than One Year
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Member's loans (Long term liabilities - creditors > 1 year) |
|
|
|
|
|
|
||
The members' loan is unsecured, interest free and repayable on expiry of the leases. The lease term is a period of 999 Years from 16th January 2004.
9.
Related Party Transactions
S Cole is a director and shareholder of Susannah Cole Limited, company number 07229379. The company leases four flats within the property.
10.
Ultimate Controlling Party
The members of the company are the Flat Owners. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member.
11.
Corporation Tax
The company is a "not for profit" company with any surplus arising in a year being held for future repairs and maintenance and any deficit being recoverable from the Flat Owners in their agreed proportions. Accordingly no taxable profit will arise.
12.
General Information
MARLBOROUGH HOUSE BS2 9JX MANAGEMENT COMPANY LTD Registered number 09341161 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 5.1 Paintworks, Arnos Vale, Bristol, BS4 3EH.
Page 4