Lowther Court Management Company Ltd |
Notes to the Accounts |
for the year ended 30 September 2020 |
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1 |
Accounting policies |
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Basis of preparation |
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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. |
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Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of Section 42 of the Landlord and Tenant Act 1987 and the company acts as trustee in this capacity. |
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The Service charges collected and relevant costs relating to the service charges are no longer included in the company accounts. Information relating to the service charges is dealt with as a separate statement of account. |
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Taxation |
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No liability to Corporation tax arose in the period ending 30th September 2020 nor in the year ending 30th September 2019 |
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2 |
Employees |
2020 |
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2019 |
Number |
Number |
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Average number of persons employed by the company |
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- |
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3 |
Fixed Asset Investments |
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The company was previously issued 116 ordinary shares in Lloyds Banking Group PLC at no cost to the company.The value of these shares which are not included on the balance sheet amounted to £31 at 30th September 2020. |
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4 |
Other information |
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Lowther Court Management Company Ltd is a private company limited by guarantee and incorporated in England. Its registered office is: |
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29 St Annes Rd West |
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Lytham St Annes |
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Lancs |
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FY8 1SB |