Company Registration No. 08166994 (England and Wales)
The Salcombe Management Company Limited
Unaudited accounts
for the year ended 31 January 2021
The Salcombe Management Company Limited
Unaudited accounts
Contents
The Salcombe Management Company Limited
Company Information
for the year ended 31 January 2021
Directors
J H Hughes
R H King
O B Quarrell
S C Uren
Company Number
08166994 (England and Wales)
Registered Office
Principle Estate Services Limited
137 Newhall Street
Birmingham
B3 1SF
The Salcombe Management Company Limited
Statement of financial position
as at 31 January 2021
Cash at bank and in hand
73,553
23,025
Creditors: amounts falling due within one year
(73,453)
(1,031)
Net current assets
100
43,301
Called up share capital
100
100
Profit and loss account
-
43,201
Shareholders' funds
100
43,301
For the year ending 31 January 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2021 and were signed on its behalf by
J H Hughes
Director
Company Registration No. 08166994
The Salcombe Management Company Limited
Notes to the Accounts
for the year ended 31 January 2021
The Salcombe Management Company Limited is a private company, limited by shares, registered in England and Wales, registration number 08166994. The registered office is Principle Estate Services Limited, 137 Newhall Street, Birmingham, B3 1SF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 January 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2019.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Employees represent the directors who held office during the period. The directors received no remuneration from the company.
4
Debtors: amounts falling due within one year
2021
2020
Amounts due from group undertakings etc.
-
21,307
5
Creditors: amounts falling due within one year
2021
2020
Amounts owed to group undertakings and other participating interests
73,453
-
6
Average number of employees
During the year the average number of employees was 4 (2020: 4).
