Arun Place Phase II Management Limited
Arun Place Phase II Management Limited
Registered number: 04966050
Director's Report and
Unaudited Financial Statements
For The Year Ended 24 March 2019
Purvis Stevens LLP
Arun Place Phase II Management Limited
Director's Report and Unaudited Financial Statements
For The Year Ended 24 March 2019
Director's Report and Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Director's Report | 2 |
| Dormant Profit and Loss Account Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
Arun Place Phase II Management Limited
Company Information
For The Year Ended 24 March 2019
Company Information
| Director |
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| Secretary |
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| Company Number |
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| Registered Office | 94 Park Lane |
| Croydon | |
| Surrey | |
| CR0 1JB | |
| Accountants |
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| 228 Mulgrave Road | |
| Cheam | |
| Surrey | |
| SM2 6JT | |
Page 1
Arun Place Phase II Management Limited
Company No. 04966050
Director's Report For The Year Ended 24 March 2019
Director's Report
The director presents his report and the financial statements for the year ended 24 March 2019 .
Statement of Director's Responsibilities
The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
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Small Company Rules
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.
On behalf of the board
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Page 2
Arun Place Phase II Management Limited
Dormant Profit and Loss Account Statement
For The Year Ended 24 March 2019
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
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Arun Place Phase II Management Limited
Balance Sheet
As at
24 March 2019
Balance Sheet
| 2019 | 2018 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 2 |
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| SHAREHOLDERS' FUNDS | 24 | 24 | |||
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
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The notes on page 5 form part of these financial statements.
Page 4
Arun Place Phase II Management Limited
Notes to the Financial Statements
For The Year Ended 24 March 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
3.
Residential management company
These accounts reflect that the cash balance and other assets representing service charge monies received are held in a statutory trust under Section 42 of the Landlord and Tenant Act 1987 and they are not assets of the company and are not recognised in the balance sheet.
Monies collected by way of service charge and service charges expended are not reflected in these accounts. Separate Service Charge Accounts have been prepared to include a Balance Sheet and Income & Expenditure Account to explain how service charges are collected and expended and to define residual assets and liabilities.
4.
General Information
Arun Place Phase II Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04966050 . The registered office is 94 Park Lane, Croydon, Surrey, CR0 1JB.
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