Momentum@South Rings Management Company Limited Filleted accounts for Companies House (small and micro)

MOMENTUM@SOUTH RINGS MANAGEMENT COMPANY LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 09490240

Momentum@South Rings Management Company Limited

Company Limited by Guarantee

Filleted Unaudited Financial Statements

For the year ended

31 December 2019

Momentum@South Rings Management Company Limited

Company Limited by Guarantee

Statement of Financial Position

31 December 2019

	2019		2018
Note	£	£	£

Current assets

Debtors	6	10,336	5,156
Cash at bank and in hand		13,770	18,151
		---------	---------
		24,106	23,307

Creditors: Amounts falling due within one year	7	24,106		23,307

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 16 December 2020 , and are signed on behalf of the board by:

Mr J H Lefton

Director

Company registration number: 09490240

Momentum@South Rings Management Company Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 2019

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 3 Roundhouse Court, South Rings Office Village, Bamber Bridge, Preston, PR5 6DA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

4. Income statement

The company did not trade during the year and has made neither a profit nor a loss, therefore no income statement has been prepared.

5. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required but not exceeding £1.

6. Debtors

	2019	2018
	£	£
Trade debtors	10,336	5,156
	---------	-------

7. Creditors: amounts falling due within one year

	2019	2018
	£	£
Trade creditors	330	1,357
Social security and other taxes	667	519
Other creditors	23,109	21,431
	---------	---------
	24,106	23,307
	---------	---------