Park Villas (No 2) Management Co Ltd - Accounts to registrar (filleted) - small 18.2

PARK VILLAS (NO 2) MANAGEMENT

COMPANY LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs M B Reeve

Mr J Shepherd

SECRETARY:

Mr C Macfarlane

REGISTERED OFFICE:

c/o Adair Paxton

First Floor, Sanderson House

22 Station Road

Horsforth

West Yorkshire

LS18 5NT

REGISTERED NUMBER:

02488138 (England and Wales)

ACCOUNTANTS:

Winn & Co

Chartered Accountants

62/63 Westborough

Scarborough

North Yorkshire

YO11 1TS

CURRENT ASSETS

Cash at bank

3

6,017

5,649

CREDITORS

Amounts falling due within one year

4

1,055

1,523

NET CURRENT ASSETS

4,962

4,126

TOTAL ASSETS LESS CURRENT LIABILITIES

4,962

4,126

RESERVES

Income and expenditure account

4,962

4,126

4,962

4,126

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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 14 May 2019 and were signed on its behalf by:

Mrs M B Reeve - Director

1.	STATUTORY INFORMATION

Park Villas (No 2) Management Company Limited is a private company, limited by guarantee , 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.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Turnover

Turnover represents service charges and insurance demands invoiced during the year.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the profit and loss account in other

administrative expenses.

3.	CASH AT BANK

2018

2017

£

£

Bank deposit account

1,501

1,000

Bank current account

4,516

4,649

6,017

5,649

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Accrued expenses

1,055

1,523