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

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

QUAYGATE MANAGEMENT COMPANY LIMITED - Company Information

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REGISTERED NUMBER: NI042823 (Northern Ireland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

FOR

QUAYGATE MANAGEMENT COMPANY LIMITED
QUAYGATE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: NI042823)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2019










Page

Balance Sheet 1

Notes to the Financial Statements 2


QUAYGATE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: NI042823)

BALANCE SHEET
30 APRIL 2019

2019 2018
Notes £    £   
CURRENT ASSETS
Debtors 3 73,001 51,710
Cash at bank 17,083 26,222
90,084 77,932
CREDITORS
Amounts falling due within one year 4 89,966 77,814
NET CURRENT ASSETS 118 118
TOTAL ASSETS LESS CURRENT
LIABILITIES
118
118

CAPITAL AND RESERVES
Called up share capital 118 118
118 118

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 16 January 2020 and were signed on its behalf by:





Mr John Allen Connor - Director


The notes form part of these financial statements

1
QUAYGATE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: NI042823)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2019


1. STATUTORY INFORMATION

Quaygate Management Company Limited is a private company, limited by shares , registered in Northern
Ireland. The company's registered number and registered office address are as below:

Registered number: NI042823

Registered office: Suite 2b Cadogan House
322 Lisburn Road
Belfast
BT9 6GH

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.

Turnover
The turnover shown in the income and expenditure account represents service charges in the year adjusted for
any deficit or surplus.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Service charge debtors 70,261 37,138
Prepayments and accrued income 2,740 14,572
73,001 51,710

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Service charge creditors 9,592 8,969
Reserve fund 77,649 67,885
Accruals and deferred income 2,725 960
89,966 77,814

5. RELATED PARTY DISCLOSURES

The company was under the control of the company shareholders throughout the current and previous year. The
shareholders own property in Quaygate Management Company Limited.

As at 30 April 2019, the reserve fund of £77,649 (2018: £67,885), which is included within note 4 of the
financial statements, relates to a surplus of service charges to date.

No further transactions with related parties were undertaken such as are required to be disclosed under FRS 102
Section 1A.

2