Cardrew Management Company Limited - Period Ending 2017-04-30

Cardrew Management Company Limited

Annual Report and Unaudited Dormant Financial Statements
Year Ended 30 April 2017

Registration number: 05798865

Cardrew Management Company Limited

Balance Sheet

30 April 2017

	Note	2017 £	2016 £
Current assets
Cash at bank and in hand		40	40
Capital and reserves
Called up share capital	4	40	40
Total equity		40	40

For the financial year ending 30 April 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 3 October 2017 and signed on its behalf by:
 

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

Mr R Long

Director

Company Registration Number: 05798865

The notes on pages 2 to 3 form an integral part of these financial statements.

Page 1

Cardrew Management Company Limited

Notes to the Financial Statements

Year Ended 30 April 2017

1	General information

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

The address of its registered office is:
Unit 1 Cardrew Way
Cardrew Industrial Estate
Redruth
Cornwall
TR15 1SH

These financial statements were authorised for issue by the Board on 3 October 2017.

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.

This is the first year that the company has been required to comply with the requirements of FRS 102, with the date of transition for the company being 1 May 2015. The transition to this new GAAP has had no impact on the prior year opening reserves, or comparative reserves.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Trading status

The company is dormant and has not traded during the year.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Page 2

Cardrew Management Company Limited

Notes to the Financial Statements

Year Ended 30 April 2017

3	Cash and cash equivalents

	2017 £	2016 £
Cash on hand	40	40

4	Share capital

Allotted, called up and fully paid shares

	2017		2016
	No.	£	No.	£
Ordinary shares of £10 each	4	40	4	40

Page 3