Homefield Park Management Company (1979) - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01424866 (England and Wales)

HOMEFIELD PARK MANAGEMENT COMPANY (1979)

LIMITED

Unaudited Financial Statements for the Year Ended 28 September 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

E J Allen

P K W DeSilva

R Mcquade

J C Pagella

Mrs T A Tuvey

SECRETARY:

Mrs T A Tuvey

REGISTERED OFFICE:

Nightingale House

46-48 East Street

Epsom

Surrey

KT17 1HQ

REGISTERED NUMBER:

01424866 (England and Wales)

ACCOUNTANTS:

Tudor John Limited

Nightingale House

46-48 East Street

Epsom

Surrey

KT17 1HQ

CURRENT ASSETS

Debtors

5

1,512

1,986

Cash at bank

60,469

64,792

61,981

66,778

CREDITORS

Amounts falling due within one year

6

4,480

7,903

NET CURRENT ASSETS

57,501

58,875

TOTAL ASSETS LESS CURRENT LIABILITIES

57,501

58,875

CAPITAL AND RESERVES

Called up share capital

7

930

930

Other reserves

8

56,571

57,945

SHAREHOLDERS' FUNDS

57,501

58,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 September 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 and authorised for issue on 6 June 2020 and were signed on its behalf by:

R Mcquade - Director

1.	STATUTORY INFORMATION

Homefield Park Management Company (1979) 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 comprises maintenance charges to lessees determined on the basis of the expenditure charged to the

Income Statement.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2018 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 29 September 2018

and 28 September 2019

390

DEPRECIATION

At 29 September 2018

and 28 September 2019

390

NET BOOK VALUE

At 28 September 2019

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

870

873

Other debtors

642

1,113

1,512

1,986

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

3,161

-

Other creditors

1,319

7,903

4,480

7,903

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

88

Ordinary A

10

880

880

250

Ordinary B

0.2

50

50

930

930

8.

RESERVES

Retained

Other

earnings

reserves

Totals

£

£

£

At 29 September 2018

-

57,945

57,945

Deficit for the year

(1,374

)

(1,374

)

Transfer

1,374

(1,374

)

-

At 28 September 2019

-

56,571

56,571