| 42 - 47 Highgate Management Company Limited |
| Registered number: |
05570050 |
| Balance Sheet |
| as at 30 September 2019 |
|
| Notes |
|
|
2019 |
|
|
2018 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
500 |
|
|
500 |
| Cash at bank and in hand |
|
|
6,143 |
|
|
5,073 |
|
|
|
6,643 |
|
|
5,573 |
|
| Creditors: amounts falling due within one year |
4 |
|
(6,643) |
|
|
(1,478) |
|
| Net current assets |
|
|
|
- |
|
|
4,095 |
|
| Net assets |
|
|
|
- |
|
|
4,095 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
- |
|
|
4,095 |
|
| Shareholders' funds |
|
|
|
- |
|
|
4,095 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr D Ritchie |
| Director |
| Approved by the board on 23 June 2020 |
|
| 42 - 47 Highgate Management Company Limited |
| Notes to the Accounts |
| for the year ended 30 September 2019 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents management fees to payable by the occupants of the property in order to meet the ongoing costs of maintaining it to a high standard. |
|
|
Debtors |
|
Short term debtors relate to management fees collected quarterly after the year end. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price) and also include management fees paid in advance. |
|
|
| 2 |
Employees |
2019 |
|
2018 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2019 |
|
2018 |
| £ |
£ |
|
|
Other debtors |
500 |
|
500 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Provision for future liabilities |
5,150 |
|
- |
|
Other creditors |
1,493 |
|
1,478 |
|
|
|
|
|
|
6,643 |
|
1,478 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Related party transactions |
|
There were no related party transactions which require disclosure. |
|
|
| 6 |
Controlling party |
|
The members of the company are jointly the ultimate controlling parties of the company. |
|
|
| 7 |
Other information |
|
42 - 47 Highgate Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
c/o Eric Southwick & Co Chartered Accountants |
|
51 The Avenue |
|
Seaham |
|
Co Durham |
|
SR7 8NS |
