Bishops Croft (Sandal) Management Company Limited - Period Ending 2019-05-31

Registration number: 06907951

Bishops Croft (Sandal) Management Company Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2019

Bishops Croft (Sandal) Management Company Limited

Contents

Company Information	1
Directors' Report	2
Balance Sheet	3
Notes to the Financial Statements	4 to 5

Bishops Croft (Sandal) Management Company Limited

Company Information

Directors

Mr J G Steadman Mr J N D Brierley

Company secretary

Mr J G Steadman

Registered office

6 Britannia Street Leeds West Yorkshire LS1 2DZ

Page 1

Bishops Croft (Sandal) Management Company Limited

Directors' Report for the Year Ended 31 May 2019

The Directors present their report and the financial statements for the year ended 31 May 2019.

Directors of the Company

The directors who held office during the year were as follows:

Mr J G Steadman - Company secretary and director

Mr J N D Brierley

Principal activity

The Company was dormant during the current and previous year and has therefore not presented a statement of comprehensive income.

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 12 February 2020 and signed on its behalf by:

......................................... Mr J N D Brierley Director

Page 2

Bishops Croft (Sandal) Management Company Limited

(Registration number: 06907951)
Balance Sheet as at 31 May 2019

	Note	2019 £	2018 £
Current assets
Debtors	3	8	8
Capital and reserves
Called up share capital	4	8	8
Total equity		8	8

For the financial year ending 31 May 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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.

Approved and authorised by the Board on 12 February 2020 and signed on its behalf by:
 

......................................... Mr J N D Brierley Director

The notes on pages 4 to 5 form an integral part of these financial statements.

Page 3

Bishops Croft (Sandal) Management Company Limited

Notes to the Financial Statements for the Year Ended 31 May 2019

1	General information

The Company is a private company limited by share capital, incorporated in England and Wales. Details of the registered office are shown on page 1.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Basis of preparation

These financial statements were prepared on a going concern basis, and in accordance with Section 1A - Small Entities of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', including the exemption in paragraph 35.10 (m) of the standard in relation to dormant companies. As the Company was dormant as at the date of transition to FRS 102, it has elected to retain its existing accounting policies as set out below, and it will continue to do so until such time as it ceases to be dormant.

Share capital

Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Financial instruments

Financial instruments are classified and accounted for as financial assets, financial liabilities or equity instruments, according to the substance of the contractual arrangement. Equity instruments are those that entitle the holder to a residual interest in the Company's assets after deducting all of its liabilities.

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary and preference shares, which are measured at fair value provided that this can be measured reliably. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3

Debtors

	2019 £	2018 £
Other debtors	8	8
	8	8

Page 4

Bishops Croft (Sandal) Management Company Limited

Notes to the Financial Statements for the Year Ended 31 May 2019

4	Share capital

Allotted, called up and fully paid shares

	2019		2018
	No.	£	No.	£
8 Ordinary Shares of £1 each	8	8	8	8

Page 5