72 Mountgrove Road Management Co Ltd 30/09/2018 iXBRL
72 Mountgrove Road Management Co Ltd 30/09/2018 iXBRL
Company registration number:
07787175
Unaudited filleted financial statements
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
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Company number |
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Registered office |
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Business address |
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Accountants |
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Chartered Accountants | ||
83 High Street | ||
Hemel Hempstead | ||
Herts | ||
HP1 3AH | ||
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of 72 Mountgrove Road Management Co Ltd
Year ended 30 September 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 72 Mountgrove Road Management Co Ltd for the year ended 30 September 2018 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/ regulations-standards-and-guidance/.
This report is made solely to the board of directors of 72 Mountgrove Road Management Co Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of 72 Mountgrove Road Management Co Ltd and state those matters that we have agreed to state to the board of directors of 72 Mountgrove Road Management Co Ltd as a body, in this report in accordance with the ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 72 Mountgrove Road Management Co Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that 72 Mountgrove Road Management Co Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of 72 Mountgrove Road Management Co Ltd. You consider that 72 Mountgrove Road Management Co Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of 72 Mountgrove Road Management Co Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountants
83 High Street
Hemel Hempstead
Herts
HP1 3AH
19 June 2019
Statement of financial position
30 September 2018
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Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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Current assets | |||||||||
Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 7 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Share premium account |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
19 June 2019
, and are signed on behalf of the board by:
Director
Company registration number:
07787175
Notes to the financial statements
Year ended 30 September 2018
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 72 Mountgrove Road, London, N5 2LT.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property | - |
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Impairment
Financial instruments
4.
Limited by guarantee
72 Mountgrove Road Management Co Limited is a company limited by guarantee and does not have a share capital.Every member of the company undertakes to contribute to the assets of the company in the event of the same being wound up while they are a member, or within one year after they cease to be members, for the payment of the debts and liabilities of the company contracted before they cease to be a member and of the costs, charges and expenses of winding up, and for the adjustments of the rights of the contributions amoung themselves, such as may be required not exceeding £1.
5.
Tangible assets
Freehold property | Total | ||
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Cost | |||
At 1 October 2017 and 30 September 2018 |
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Depreciation | |||
At 1 October 2017 |
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Charge for the year |
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At 30 September 2018 |
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Carrying amount | |||
At 30 September 2018 |
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At 30 September 2017 |
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6.
Debtors
2018 | 2017 | |||
£ | £ | |||
Other debtors |
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7.
Creditors: amounts falling due within one year
2018 | 2017 | |||
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Other creditors |
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