Orchard Gate (Ropley) Management Company - Accounts to registrar (filleted) - small 18.2
Orchard Gate (Ropley) Management Company - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Orchard Gate (Ropley) Management Company |
Limited |
Unaudited Financial Statements |
for the period |
1 September 2018 to 30 September 2019 |
Orchard Gate (Ropley) Management Company |
Limited (Registered number: 11547275) |
Contents of the Financial Statements |
for the period 1 September 2018 to 30 September 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Orchard Gate (Ropley) Management Company |
Limited |
Company Information |
for the period 1 September 2018 to 30 September 2019 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
28 Eaton Avenue |
Matrix Office Park |
Buckshaw Village |
Chorley |
Lancashire |
PR7 7NA |
Orchard Gate (Ropley) Management Company |
Limited (Registered number: 11547275) |
Balance Sheet |
30 September 2019 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director and authorised for issue on signed by: |
Orchard Gate (Ropley) Management Company |
Limited (Registered number: 11547275) |
Notes to the Financial Statements |
for the period 1 September 2018 to 30 September 2019 |
1. | STATUTORY INFORMATION |
Orchard Gate (Ropley) Management Company Limited is a |
registered in England and Wales. The company's registered number and registered office address can |
be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
The amounts in the financial statements have been rounded to the nearest £1. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the recharge of costs incurred by the management company back to the owners |
of the properties. |
Financial instruments |
Financial instruments are recognised when the company becomes party to the contractual provisions |
of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are |
initially measured at transaction price and are subsequently carried at cost unless the arrangement |
indicates otherwise and then the asset is measured at the present value of the future receipts |
discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, |
bank loans and group borrowings, are initially recognised at transaction price and are subsequently |
carried at cost unless the arrangement indicates otherwise and then the liability is measured at the |
present value of the future obligations discounted at a market rate of interest. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of |
Income and Retained Earnings, 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 period 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. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
Orchard Gate (Ropley) Management Company |
Limited (Registered number: 11547275) |
Notes to the Financial Statements - continued |
for the period 1 September 2018 to 30 September 2019 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
6. | RELATED PARTY DISCLOSURES |
In the opinion of the director the company is controlled by the director. |