Felix Court Management Company Limited - Accounts to registrar (filleted) - small 18.2
Felix Court Management Company Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FELIX COURT MANAGEMENT COMPANY LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2020 |
| FELIX COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 03957045) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| FELIX COURT MANAGEMENT COMPANY LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST MARCH 2020 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 135/137, Station Road, |
| Chingford, |
| London |
| E4 6AG |
| BANKERS: |
| Business Banking Centre |
| 301 St Vincent Street |
| Glasgow |
| G2 5NT |
| FELIX COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 03957045) |
| BALANCE SHEET |
| 31ST MARCH 2020 |
| 2020 | 2019 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 |
| FELIX COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 03957045) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2020 |
| 1. | STATUTORY INFORMATION |
| Felix Court Management Company Limited is a |
| 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 |
| Tangible fixed assets |
| No depreciation is charged on the freehold property. The residual value of the property is regularly reviewed in |
| order to identify any permanent diminution in value which would be charged to the profit and loss account. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 3. | TANGIBLE FIXED ASSETS |
| Freehold |
| property |
| £ |
| COST |
| At 1st April 2019 |
| and 31st March 2020 |
| NET BOOK VALUE |
| At 31st March 2020 |
| At 31st March 2019 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Trade debtors |
| FELIX COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 03957045) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2020 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Accrued expenses |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| As each director is also a lessee of the property, and a shareholder in the company, ground rents are payable on |
| normal commercial terms. The ground rents due by each director and the balances due by each director as at the |
| balance sheet date are as shown below. The balances due by the directors are shown in the financial statements as |
| part of the trade debtors figure. Details are only shown for the periods whilst acting as a director. |
| 2020 | 2019 |
| £ | £ |
| S.G. Routledge | Ground rents payable | 50 | 50 |
| Balance due by the director at the balance sheet date | 50 | 50 |
| Glade Homes Ltd | Ground rents payable | 50 | 50 |
| Balance due by the director at the balance sheet date | - | - |
| 7. | RELATED PARTY DISCLOSURES |
| There is no overall controlling party. No individual shareholder owns more than 30% of the issued ordinary |
| shares of £750 each. |