ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

THE REDDINGS NO. 1 MANAGEMENT COMPANY LIMITED - Company Information

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Caseware UK (AP4) 2014.0.91 2014.0.91 2016-12-312016-12-31falsetrueNo description of principal activitytrue2016-01-01 05546600 2015-12-31 05546600 2016-01-01 2016-12-31 05546600 2016-12-31 05546600 c:CompanySecretary1 2016-01-01 2016-12-31 05546600 c:Director1 2016-01-01 2016-12-31 05546600 c:RegisteredOffice 2016-01-01 2016-12-31 05546600 c:EntityHasNeverTraded 2016-01-01 2016-12-31 05546600 c:FRS102 2016-01-01 2016-12-31 05546600 c:AuditExempt-NoAccountantsReport 2016-01-01 2016-12-31 05546600 c:AbridgedAccounts 2016-01-01 2016-12-31 05546600 c:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31

Registered number: 05546600









THE REDDINGS NO.1 MANAGEMENT COMPANY LIMITED
(A company limited by guarantee)







UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016
 
THE REDDINGS NO.1 MANAGEMENT COMPANY LIMITED
 
(A company limited by guarantee)
 
 
COMPANY INFORMATION


Director
M A Nicholls 




Company secretary
CP Bigwood Management LLP



Registered number
05546600



Registered office
45 Summer Row

Birmingham

West Midlands

B3 1JJ




Accountants
PKF Cooper Parry Group Limited

Park View

One Central Boulevard

Blythe Valley Business Park

Solihull

B90 8BG




 
THE REDDINGS NO.1 MANAGEMENT COMPANY LIMITED
 
(A company limited by guarantee)
 

CONTENTS



Page
Director's report
 
1
Profit and loss account
 
2
Balance sheet
 
3
Notes to the financial statements
 
4

 
THE REDDINGS NO.1 MANAGEMENT COMPANY LIMITED

(A company limited by guarantee)
 
 
 
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2016

The director presents his report and the financial statements for the year ended 31 December 2016.

Director

The director who served during the year was:

M A Nicholls 

Small companies note

In preparing this report, the director have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.


This report was approved by the board on 10 August 2017 and signed on its behalf.
 
 



M A Nicholls
Director

Page 1
 
THE REDDINGS NO.1 MANAGEMENT COMPANY LIMITED
 
(A company limited by guarantee)
 
 
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2016

The Company has not traded during the year. During this period, the Company received no income and incurred no expenditure and therefore made neither profit or loss.

Page 2
 
THE REDDINGS NO.1 MANAGEMENT COMPANY LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 05546600

BALANCE SHEET
AS AT 31 DECEMBER 2016

2016
2015
Note
£
£

  

  

Total assets less current liabilities
  
 
-
 
-

Net assets
  
-
-


Capital and reserves
  

  
-
-


For the year ended 31 December 2016 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 August 2017.



M A Nicholls
Director
The notes on page 4 form part of these financial statements.

Page 3
 
THE REDDINGS NO.1 MANAGEMENT COMPANY LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

1.


General information

The Reddings No.1 Management Company Limited is a limited liability company incorporated and domiciled in England. The registered office is shown on the Company Information page.
The financial statements are prepared in sterling.  The financial statements are for a period of 52 weeks ended 31 December 2016 (2015: 52 weeks ended 31 December 2015).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The Company transitioned from previously extant UK GAAP to FRS 102 as at 1 January 2016.  The transition is not considered to have a material effect on the financial statements and no adjustments were necessary to restate the financial statements previously presented under UK GAAP, including the balance sheet as at 1 January 2016 and the financial statements as at and for the year ended 31 December 2016. 



3.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.


4.


First time adoption of FRS 102

The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.

Page 4