Bromford (Great Barr) Management Company - Accounts to registrar (filleted) - small 18.2
Bromford (Great Barr) Management Company - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2018 |
FOR |
BROMFORD (GREAT BARR) MANAGEMENT COMPANY |
LIMITED |
COMPANY LIMITED BY GUARANTEE |
BROMFORD (GREAT BARR) MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 01741662) |
COMPANY LIMITED BY GUARANTEE |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
BROMFORD (GREAT BARR) MANAGEMENT COMPANY |
LIMITED |
COMPANY LIMITED BY GUARANTEE |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST DECEMBER 2018 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
12 Johnson Street |
Woodcross |
Coseley |
West Midlands |
WV14 9RL |
BROMFORD (GREAT BARR) MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 01741662) |
COMPANY LIMITED BY GUARANTEE |
BALANCE SHEET |
31ST DECEMBER 2018 |
31.12.18 | 31.12.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Members Loans |
Income and expenditure account |
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 surplus or deficit 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. |
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 behalf by: |
BROMFORD (GREAT BARR) MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 01741662) |
COMPANY LIMITED BY GUARANTEE |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2018 |
1. | STATUTORY INFORMATION |
Bromford (Great Barr) Management Company Limited is a |
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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Fixed assets |
All fixed assets are initially recorded at cost. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Tangible fixed assets |
The tangible asset is the company's freehold interest in the development. The company has granted 18 leases |
expiring in 2108. |
BROMFORD (GREAT BARR) MANAGEMENT COMPANY |
LIMITED (REGISTERED NUMBER: 01741662) |
COMPANY LIMITED BY GUARANTEE |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2018 |
3. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1st January 2018 |
and 31st December 2018 |
NET BOOK VALUE |
At 31st December 2018 |
At 31st December 2017 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.18 | 31.12.17 |
£ | £ |
Trade debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.18 | 31.12.17 |
£ | £ |
Other creditors |
6. | ULTIMATE CONTROLLING PARTY |
The controlling party is the company directors. |
7. | LIMITED BY GUARANTEE |
The company is limited by guarantee and does not have a share capital. The liability of each member is limited to |
a maximum of £1. An amount equal to the guarantee has been paid into the company by each member. The total |
number of members at 31 December 2018 was 18. |
8. | RELATED PARTY DISCLOSURES |
Mr B Postans - Director |
During the year Mr Postans was reimbursed £57 for telephone expenses and £200 for administrative expenses in |
the normal course of business. |