Freshney House RTM Company Limited - Period Ending 2018-11-30
Freshney House RTM Company Limited - Period Ending 2018-11-30
Registration number:
Freshney House RTM Company Limited
(A company limited by guarantee)
for the Year Ended 30 November 2018
Chartered Certified Accountants
4 Beau Street
Bath
BA1 1QY
Freshney House RTM Company Limited
Contents
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Company Information |
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Directors' Report |
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Balance Sheet |
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Notes to the Financial Statements |
Freshney House RTM Company Limited
Company Information
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Directors |
Mr R Gleeson Mr D A J Wilson |
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Registered office |
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Accountants |
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Page 1 |
Freshney House RTM Company Limited
Directors' Report for the Year Ended 30 November 2018
The directors present their report and the 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 management of real estate on a fee or contract basis.
The company does not trade with a view to profit.
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
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Mr R Gleeson
Director
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Mr D A J Wilson
Director
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Page 2 |
Freshney House RTM Company Limited
(Registration number: 09853781)
Balance Sheet as at 30 November 2018
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2018 |
2017 |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Income and expenditure account |
( |
( |
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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:
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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 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.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income and Expenditure Account has been taken.
Approved and authorised by the
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Mr R Gleeson
Director
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Mr D A J Wilson
Director
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Page 3 |
Freshney House RTM Company Limited
Notes to the Financial Statements for the Year Ended 30 November 2018
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General information |
The company is a company limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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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 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 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 of funds introduced by owners for the ongoing costs and maintenance of the property. There is no trading income.
Employees
There were no employees and the directors received no remuneration for their services.
Corporation Tax
There is no corporation tax payable on these accounts.
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.
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Page 4 |
Freshney House RTM Company Limited
Notes to the Financial Statements for the Year Ended 30 November 2018
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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Creditors |
Creditors: amounts falling due within one year
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2018 |
2017 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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Limited by Guarantee |
The company is limited by guarantee of members and does not have any share capital. The liability of members is limited to £1.
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Page 5 |