Old Coach Drive Residents Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02230215 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24TH JUNE 2019

FOR

OLD COACH DRIVE RESIDENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J T Blattner

Mr J P Smith

SECRETARY:

Hillcrest Estate Management Ltd

REGISTERED OFFICE:

5 Grove Road

Redland

Bristol

BS6 6UJ

REGISTERED NUMBER:

02230215 (England and Wales)

AUDITORS:

Richardson Jones

Registered Auditors &

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

BANKERS:

Lloyds Bank Plc

PO Box 1000

Andover

BX1 1LT

BUILDING SOCIETY:

Bath Investment & Building Society

15 Queen Square

Bath

BA1 2HN

FIXED ASSETS

Tangible assets

3

-

7

CURRENT ASSETS

Debtors

4

-

3,401

Cash at bank

5

47,185

43,175

47,185

46,576

CREDITORS

Amounts falling due within one year

6

45,584

6,281

NET CURRENT ASSETS

1,601

40,295

TOTAL ASSETS LESS CURRENT LIABILITIES

1,601

40,302

CAPITAL AND RESERVES

Called up share capital

1,601

1,601

Retained earnings

7

-

38,701

SHAREHOLDERS' FUNDS

1,601

40,302

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 4th February 2020 and were signed on its behalf by:

Mr J T Blattner - Director

1.	STATUTORY INFORMATION

Old Coach Drive Residents 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on reducing balance

Service charge income and expenditure

Following the issue of guidance from the Association of Residential Management Agents and the Institute of

Chartered Accountants in England and Wales, the company no longer accounts for service charge income and

expenditure in its own financial statements. The guidance makes clear that any such amounts are held on trust by

the company on behalf of the lessees to meet the relevant costs in relation to the property and are not part of the

company's income, assets or liabilities.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 25th June 2018

130

Disposals

(130

)

At 24th June 2019

-

DEPRECIATION

At 25th June 2018

123

Eliminated on disposal

(123

)

At 24th June 2019

-

NET BOOK VALUE

At 24th June 2019

-

At 24th June 2018

7

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.6.19

24.6.18

£

£

Service charges due

-

184

Prepayments

-

3,217

-

3,401

5.	CASH AT BANK

The bank accounts are interest bearing.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.6.19

24.6.18

£

£

Service charges in advance

-

5,262

Trade creditors

-

437

Net service charge accounts

45,584

-

Accrued expenses

-

582

45,584

6,281

7.

RESERVES

Retained

earnings

£

At 25th June 2018

38,701

Profit for the year

-

Transfer to service charge accounts

(38,701

)

At 24th June 2019

-

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Ellerby (Senior Statutory Auditor)

for and on behalf of Richardson Jones