Parade School Mews Management Company - Limited company accounts 11.4
Parade School Mews Management Company - Limited company accounts 11.4
REGISTERED NUMBER: |
Report of the Directors and |
Unaudited Financial Statements for the Year Ended 31 December 2013 |
for |
Parade School Mews Management Company |
Limited |
Parade School Mews Management Company |
Limited (Registered number: 04606218) |
Contents of the Financial Statements |
for the Year Ended 31 December 2013 |
Page |
Report of the Directors | 1 |
Chartered Accountants' Report | 2 |
Profit and Loss Account | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
Parade School Mews Management Company |
Limited (Registered number: 04606218) |
Report of the Directors |
for the Year Ended 31 December 2013 |
The directors present their report with the financial statements of the company for the year ended 31 December 2013. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1 January 2013 to the date of this |
report. |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating |
to small companies. |
ON BEHALF OF THE BOARD: |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Parade School Mews Management Company |
Limited |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Parade School Mews Management Company Limited for the year ended 31 December 2013 |
which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting |
records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject |
to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
This report is made solely to the Board of Directors of Parade School Mews Management Company Limited, as a body, |
in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the |
financial statements of Parade School Mews Management Company Limited and state those matters that we have agreed |
to state to the Board of Directors of Parade School Mews Management Company Limited, as a body, in this report in |
accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not |
accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or |
for this report. |
It is your duty to ensure that Parade School Mews Management Company Limited has kept adequate accounting records |
and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and |
profit of Parade School Mews Management Company Limited. You consider that Parade School Mews Management |
Company Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Parade School Mews |
Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting |
records or information and explanations you have given to us and we do not, therefore, express any opinion on the |
statutory financial statements. |
Chartered Accountants |
25 February 2014 |
Parade School Mews Management Company |
Limited (Registered number: 04606218) |
Profit and Loss Account |
for the Year Ended 31 December 2013 |
2013 | 2012 |
Notes | £ | £ |
TURNOVER |
Administrative expenses |
OPERATING PROFIT and |
PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
2 |
Tax on profit on ordinary activities | 3 |
PROFIT FOR THE FINANCIAL YEAR |
Retained profit brought forward |
RETAINED PROFIT CARRIED FORWARD |
Parade School Mews Management Company |
Limited (Registered number: 04606218) |
Balance Sheet |
31 December 2013 |
2013 | 2012 |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors on by: |
Parade School Mews Management Company |
Limited (Registered number: 04606218) |
Notes to the Financial Statements |
for the Year Ended 31 December 2013 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
Exemption from preparing a cash flow statement |
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a |
small company. |
Turnover |
Turnover represents the total service charge levied during the year. |
2. | OPERATING PROFIT |
The operating profit is stated after charging: |
2013 | 2012 |
£ | £ |
Directors' remuneration and other benefits etc |
3. | TAXATION |
Analysis of the tax charge |
No liability to UK corporation tax arose on ordinary activities for the year ended 31 December 2013 nor for the |
year ended 31 December 2012. |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2013 | 2012 |
£ | £ |
Other creditors |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2013 | 2012 |
value: | £ | £ |
Ordinary | £1 |