Stewarts Road Estates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08490614 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2019

FOR

STEWARTS ROAD ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S J Tate

Mr D M Walker

SECRETARY:

Mrs J E Walker

REGISTERED OFFICE:

39 Great Potland Street

London

W1W 7JZ

REGISTERED NUMBER:

08490614 (England and Wales)

ACCOUNTANTS:

Wilkins Kennedy

24 Park Road South

Havant

Hampshire

PO9 1HB

CURRENT ASSETS

Debtors

3

1

1

Cash at bank

38,861

38,774

38,862

38,775

CREDITORS

Amounts falling due within one year

4

38,850

38,763

NET CURRENT ASSETS

12

12

TOTAL ASSETS LESS CURRENT LIABILITIES

12

12

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

11

11

SHAREHOLDERS' FUNDS

12

12

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2019 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 profit or loss 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 applicable to companies subject to the small companies regime.

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 9th September 2019 and were signed on its behalf by:

Mr S J Tate - Director

1.	STATUTORY INFORMATION

Stewarts Road Estates Limited is a private company, limited by shares , 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 financial statements are presented in Sterling (£) and rounded to the nearest pound (£).

Significant judgements and estimates

The preparation of financial statements often requires the use of judgements, estimates and assumptions that

affect the reported amounts of assets and liabilities at the date of the financial statements, and revenues and

expenses during the reporting period. These judgements, estimates and assumptions are based on

management's historical experience, knowledge and other factors including expectations of future events or

actions that are believed to be reasonable under the circumstances. Actual results may differ from those

amounts estimated.

In preparing these financial statements, management do not believe that they have made any critical

judgements in applying the company's accounting policies.

In preparing these financial statements, management do not believe that they have used any significant

estimates or assumptions.

Revenue recognition

Turnover represents property management charges receivable based on rent collected during the period

excluding value added tax.

Financial instruments

Financial instruments are recognised in line with Sections 11 and 12 of FRS 102.

Basic financial instruments, such as bank and cash, loans, and trade receivables and payables are initially

recognised at transaction price, unless they constitute a financing arrangement, when the transaction is

measured at the present value of the future receipts/payments discounted at a market rate of interest. Such

assets are subsequently carried at amortised cost using the effective interest rate method.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised

in profit or loss.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

1

1

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other creditors

38,850

38,763