Vyvyan House Limited - Period Ending 2018-11-30
Vyvyan House Limited - Period Ending 2018-11-30
Registration number:
Vyvyan House Limited
for the Year Ended 30 November 2018
Severn House
Hazell Drive
Newport
South Wales
NP10 8FY
Vyvyan House Limited
Contents
|
Company Information |
|
|
Directors' Report |
|
|
Accountants' Report |
|
|
Abridged Profit and Loss Account |
|
|
Abridged Balance Sheet |
|
|
Statement of Changes in Equity |
|
|
Notes to the Abridged Financial Statements |
|
|
Detailed Profit and Loss Account |
Vyvyan House Limited
Company Information
|
Directors |
Ms Nicola Toni Clements Mr MB Trounce Mr CS Mitchell |
|
Company secretary |
Ms Nicola Toni Clements |
|
Registered office |
|
|
Accountants |
|
|
Page 1 |
Vyvyan House Limited
Directors' Report for the Year Ended 30 November 2018
The directors present their report and the abridged financial statements for the year ended 30 November 2018.
Directors of the company
The directors who held office during the year were as follows:
Principal activity
The principal activity of the company is to carry out the business of management of the property known as Vyvyan House, Clifton Park, Clifton, Bristol. BS8 3BZ
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
.........................................
Company secretary and director
|
Page 2 |
Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Vyvyan House Limited
for the Year Ended 30 November 2018
As described on the balance sheet you are responsible for the compilation of the accounts for the year ended 30 November 2018, as set out on pages 4 to 8, and you consider that the company is exempt from an audit. In accordance with your instructions we have compiled the unaudited accounts from the accounting records and from information and explanations supplied to us.
Hazell Drive
Newport
South Wales
NP10 8FY
|
Page 3 |
Vyvyan House Limited
Abridged Profit and Loss Account for the Year Ended 30 November 2018
|
2018 |
2017 |
|
|
Gross profit |
|
|
|
Administrative expenses |
( |
( |
|
Profit/(loss) before tax |
|
( |
|
Profit/(loss) for the financial year |
|
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
|
Page 4 |
Vyvyan House Limited
(Registration number: 05636146)
Abridged Balance Sheet as at 30 November 2018
|
Note |
2018 |
2017 |
|
|
Current assets |
|||
|
Cash at bank and in hand |
|
|
|
|
Capital and reserves |
|||
|
Called up share capital |
|
|
|
|
Profit and loss account |
|
|
|
|
Total equity |
|
|
For the financial year ending 30 November 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
|
• |
|
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
.........................................
Company secretary and director
|
Page 5 |
Vyvyan House Limited
Statement of Changes in Equity for the Year Ended 30 November 2018
|
Share capital |
Profit and loss account |
Total |
|
|
At 1 December 2017 |
|
|
|
|
Profit for the year |
- |
|
|
|
Total comprehensive income |
- |
|
|
|
At 30 November 2018 |
|
|
|
|
Share capital |
Profit and loss account |
Total |
|
|
At 1 December 2016 |
|
|
|
|
Loss for the year |
- |
( |
( |
|
Total comprehensive income |
- |
( |
( |
|
At 30 November 2017 |
|
|
|
|
Page 6 |
Vyvyan House Limited
Notes to the Abridged Financial Statements for the Year Ended 30 November 2018
|
General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
These financial statements were authorised for issue by the
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
|
Page 7 |
Vyvyan House Limited
Notes to the Abridged Financial Statements for the Year Ended 30 November 2018
|
Share capital |
Allotted, called up and fully paid shares
|
2018 |
2017 |
|||
|
No. |
£ |
No. |
£ |
|
|
|
|
3 |
|
3 |
|
Page 8 |
Vyvyan House Limited
Detailed Profit and Loss Account for the Year Ended 30 November 2018
|
2018 |
2017 |
|
|
Turnover |
||
|
Contributions from owners of the flats |
1,315 |
913 |
|
Administrative expenses |
||
|
Light, heat and power |
288 |
241 |
|
Repairs and maintenance |
472 |
250 |
|
Accountancy fees |
451 |
397 |
|
Bank charges |
65 |
55 |
|
(1,276) |
(943) |
|
|
Operating profit/(loss) |
39 |
(30) |
|
Profit/(loss) before tax |
39 |
(30) |
|
Page 9 |