Redhill Court Management Company Limited - Accounts to registrar (filleted) - small 18.2

Redhill Court Management Company Limited - Accounts to registrar (filleted) - small 18.2

REDHILL COURT MANAGEMENT COMPANY LIMITED - Company Information

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REGISTERED NUMBER: 01960542 (England and Wales)















REDHILL COURT MANAGEMENT COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019





Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU








REDHILL COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 01960542)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


REDHILL COURT MANAGEMENT COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2019







DIRECTORS: Mr. R.M. Wall
Ms. R. Kielty
Mr N G S Fisher





SECRETARY: Ms. S.A. Carr





REGISTERED OFFICE: Unit 2 Shaw House
Two Woods Lane
Brierley Hill
West Midlands
DY5 1TA





REGISTERED NUMBER: 01960542 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
REDHILL COURT MANAGEMENT COMPANY LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited
financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.
Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are
not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements
of Redhill Court Management Company Limited for the year ended 31 March 2019 which comprise the Income Statement, Balance
Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Redhill Court Management Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Redhill Court Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Redhill Court Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Redhill Court Management Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Redhill Court Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Redhill Court Management Company Limited. You consider that Redhill Court Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Redhill Court Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


27 June 2019

This page does not form part of the statutory financial statements

Page 2
REDHILL COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 01960542)

BALANCE SHEET
31 MARCH 2019

2019 2018
as restated
Notes £    £   
CURRENT ASSETS
Debtors 4 21,679 7,303
Cash at bank 17,049 14,845
38,728 22,148
CREDITORS
Amounts falling due within one year 5 630 612
NET CURRENT ASSETS 38,098 21,536
TOTAL ASSETS LESS CURRENT
LIABILITIES
38,098
21,536

FUNDS HELD ON BEHALF OF RESIDENTS 6 38,085 21,523
NET ASSETS 13 13

CAPITAL AND RESERVES
Called up share capital 13 13
SHAREHOLDERS' FUNDS 13 13

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 27 June 2019 and were signed on its behalf by:





Mr N G S Fisher - Director


The notes form part of these financial statements

Page 3
REDHILL COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 01960542)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019


1. STATUTORY INFORMATION

Redhill Court Management Company 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.

Service charges
Service charges represent charged receivable from residents of the managed property to cover expenditure incurred during the
period.

Any variance between amounts received from residents and service charges is recognised as funds held on behalf of residents
and represents an amount owing to the residents.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - 4 ).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

20192018
as restated
£   £   
Service charges due4,8793,948
Reserve for additional contributions due12,000-
Managing agent's client account balances 3,5542,606
Insurance prepayment1,246749
21,6797,303

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
as restated
£    £   
Other creditors 630 612

6. FUNDS HELD ON BEHALF OF RESIDENTS

2019 2018
as restated
£ £
Balance brought forward 21,523 19,622
Surplus funds received during the year 4,562 1,901
Reserve for additional contributions due 12,000 -
Balance carried forward 38,085 21,523

The above amounts were previously included as retained profit. See note 3 prior year adjustment.

Page 4