Beech Court (2003 Management) Limited - Period Ending 2016-12-31

Registration number: 04762787

Beech Court (2003 Management) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2016

Beech Court (2003 Management) Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Financial Statements	4 to 5

Beech Court (2003 Management) Limited

Company Information

Director

D V Kerry

Company secretary

D V Kerry

Registered office

5 Prospect Place Millennium Way Pride Park Derby DE24 8HG

Bankers

Barclays Bank Plc 2 High Street Nottingham NG1 2EN

Accountants

Ashgates Corporate Services Limited 5 Prospect Place Millennium Way Pride Park Derby DE24 8HG

Page 1

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Beech Court (2003 Management) Limited
for the Year Ended 31 December 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Beech Court (2003 Management) Limited for the year ended 31 December 2016 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Beech Court (2003 Management) Limited, as a body, in accordance with the terms of our engagement letter dated 16 April 2015. Our work has been undertaken solely to prepare for your approval the accounts of Beech Court (2003 Management) Limited and state those matters that we have agreed to state to the Board of Directors of Beech Court (2003 Management) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Beech Court (2003 Management) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Beech Court (2003 Management) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Beech Court (2003 Management) Limited. You consider that Beech Court (2003 Management) 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 accounts of Beech Court (2003 Management) 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 accounts.

......................................

Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG

Date:.............................

Page 2

Beech Court (2003 Management) Limited

(Registration number: 04762787)
Balance Sheet as at 31 December 2016

	Note	2016 £	2015 £
Current assets
Debtors	4	5,081	-
Cash at bank and in hand		724	6,368
		5,805	6,368
Creditors: Amounts falling due within one year	5	(5,773)	(6,336)
Net assets		32	32
Capital and reserves
Called up share capital		32	32
Total equity		32	32

For the financial year ending 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 13 September 2017
 

.........................................

D V Kerry

Director

The notes on pages 4 to 5 form an integral part of these financial statements.

Page 3

Beech Court (2003 Management) Limited

Notes to the Financial Statements for the Year Ended 31 December 2016

1	General information

The company is a private company limited by share capital incorporated in England.

The address of the registered office is given in the company information on page 1 of the financial statements.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling (£).

Income recognition

Income comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Income is shown net of value added tax, returns, rebates and discounts.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2015 - 1).

Page 4

Beech Court (2003 Management) Limited

Notes to the Financial Statements for the Year Ended 31 December 2016

4

Debtors

	2016 £	2015 £
Other debtors	5,081	-
	5,081	-

5

Creditors

	Note	2016 £	2015 £
Due within one year
Trade creditors		-	60
Other creditors		5,773	6,276
		5,773	6,336

6	Transition to FRS 102

The financial statements are the company's first financial statements that comply with FRS102. The date of transition to FRS102 was 1 January 2015.

The transition to FRS102 has not resulted in any changes between the amounts prepared previously under UK GAAP and those presented in compliance with FRS102.

Page 5