Mulberry Mews (Silver Street) Management Company Limited Company accounts
Mulberry Mews (Silver Street) Management Company Limited Company accounts
COMPANY REGISTRATION NUMBER:
05541371
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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Year ended 31 August 2020
Contents |
Page |
Directors' report |
1 |
Statement of income and retained earnings |
2 |
Statement of financial position |
3 |
Notes to the financial statements |
4 |
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Company Limited by Guarantee |
Directors' Report |
Year ended 31 August 2020
The directors present their report and the unaudited financial statements of the company for the year ended
31 August 2020
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Directors
The directors who served the company during the year were as follows:
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Small company provisions
This report was approved by the board of directors on
31 March 2021
and signed on behalf of the board by:
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Director |
Company Secretary |
Registered office: |
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Company Limited by Guarantee |
Statement of Income and Retained Earnings |
Year ended 31 August 2020
2020 |
2019 |
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Note |
£ |
£ |
Turnover |
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------- |
------- |
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Gross profit |
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Administrative expenses |
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------- |
------- |
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Operating profit |
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------- |
------- |
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Profit before taxation |
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Tax on profit |
– |
– |
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Profit for the financial year and total comprehensive income |
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Retained earnings at the start of the year |
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------- |
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Retained earnings at the end of the year |
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------- |
------- |
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All the activities of the company are from continuing operations.
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Company Limited by Guarantee |
Statement of Financial Position |
2020 |
2019 |
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Note |
£ |
£ |
£ |
Current assets
Debtors |
5 |
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Cash at bank and in hand |
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------- |
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Creditors: amounts falling due within one year |
6 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Profit and loss account |
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------- |
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Members funds |
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------- |
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Directors' responsibilities:
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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
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
31 March 2021
, and are signed on behalf of the board by:
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Director |
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Company registration number:
05541371
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Company Limited by Guarantee |
Notes to the Financial Statements |
Year ended 31 August 2020
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 61a Silver Street, Nailsea, Bristol, BS48 2DS.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4.
Company limited by guarantee
The company is limited by guarantee. The liability of each member is restricted to £1.
5.
Debtors
2020 |
2019 |
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£ |
£ |
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Other debtors |
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------- |
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6.
Creditors:
amounts falling due within one year
2020 |
2019 |
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£ |
£ |
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Trade creditors |
– |
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Other creditors |
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7.
Related party transactions
£2,585 was due from the owners at the year end (2019 £1,685). 61 owed £600 61a owed £20 61b owed £120 61c owed £945 61d owed £900 61e £nil