Hillcote Mansions Management Limited - Period Ending 2018-12-31

Registration number: 01879752

Hillcote Mansions Management Limited

Unaudited Financial Statements

for the Year Ended 31 December 2018

Hillcote Mansions Management Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	4 to 5

Hillcote Mansions Management Limited

Company Information

Directors

DC Hooper Miss S M L Howlett S Coggins

Company secretary

Miss E L B Garner

Registered office

C/O Saturley Garner & Co Ltd Office 3, Pure Offices Pastures Avenue, St Georges Weston-super-Mare North Somerset BS22 7SB

Accountants

Four Fifty Partnership Chartered Accountants 34 Boulevard Weston-super-Mare North Somerset BS23 1NF

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Hillcote Mansions Management Limited

(Registration number: 01879752)
Balance Sheet as at 31 December 2018

	Note	2018 £	2017 £
Fixed assets
Tangible assets		1,519	1,519
Current assets
Debtors		108	108
Creditors: Amounts falling due within one year		(1,519)	(1,519)
Net current liabilities		(1,411)	(1,411)
Net assets		108	108
Capital and reserves
Called up share capital		108	108
Total equity		108	108

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	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.

The notes on pages 4 to 5 form an integral part of these financial statements.

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Hillcote Mansions Management Limited

(Registration number: 01879752)
Balance Sheet as at 31 December 2018

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 Profit and Loss Account has been taken.

Approved and authorised by the Board on 22 August 2019 and signed on its behalf by:
 

.........................................

DC Hooper
Director

The notes on pages 4 to 5 form an integral part of these financial statements.

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Hillcote Mansions Management Limited

Notes to the Financial Statements for the Year Ended 31 December 2018

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

2	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.

The presentational currency of these accounts is that of Pound Sterling (£).

Contractual commitments

The company contracts with third parties in its own name for the supply of services to the property for maintenance of the common parts in accordance with the terms of the lease.
At 31 December 2018 the company had not entered into any non-cancellable contractual commitments. (2017: Non-cancellable contractual commitment to the sum of £Nil).

Residential property management trust

The company has no income or expenditure in its own right. All transactions in the year relate to the maintenance of the common parts in accordance with the lease. Income and expenditure arising from these transactions are shown in separate service charge accounts for the property, they do not form part of annual accounts of the company and are not filed at Companies House. All service charges monies received from the residents of the property are held on trust for the residents. As at the balance sheet date, the monies held in trust for the maintenance of the aforementioned property amount to £15,887 ( 2017: £14,003).

Page 4

Hillcote Mansions Management Limited

Notes to the Financial Statements for the Year Ended 31 December 2018

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2017 - 0).

4	Related party transactions

Included in other debtors is £108 (2017 - £108) held in trust bank account on behalf of the company. Included in other creditors is £1,519 (2017 - £1,519) which relates to the value of the freehold property, that is due to the trust account upon winding up the company, if and when that occurs.

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