Gage Management Group Limited - Accounts to registrar (filleted) - small 17.3

Gage Management Group Limited - Accounts to registrar (filleted) - small 17.3

GAGE MANAGEMENT GROUP LIMITED - Company Information

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REGISTERED NUMBER: 02840881 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2017

FOR

GAGE MANAGEMENT GROUP LIMITED
GAGE MANAGEMENT GROUP LIMITED (REGISTERED NUMBER: 02840881)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


GAGE MANAGEMENT GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2017







DIRECTORS: Michael John Gage
Christine Ann Gage
Nicola Anne Eades
Richard Michael Gage
Clare Julia Evans
Christopher Manton





SECRETARY: Clare Julia Evans





REGISTERED OFFICE: The Signal House
Evesham Station
High Street
Evesham
Worcestershire
WR11 4EJ





REGISTERED NUMBER: 02840881 (England and Wales)





ACCOUNTANTS: LS Accountancy Services
162 Battenhall Road
Worcester
Worcestershire
WR5 2BT
Page 1
GAGE MANAGEMENT GROUP LIMITED (REGISTERED NUMBER: 02840881)

BALANCE SHEET
31 JULY 2017

2017 2016
Notes £    £   
FIXED ASSETS
Investments 3 480,228 507,364
TOTAL ASSETS LESS CURRENT
LIABILITIES
480,228
507,364

CAPITAL AND RESERVES
Called up share capital 126 126
Retained earnings 480,102 507,238
SHAREHOLDERS' FUNDS 480,228 507,364

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 November 2017 and were signed on its behalf
by:





Michael John Gage - Director


The notes form part of these financial statements

Page 2
GAGE MANAGEMENT GROUP LIMITED (REGISTERED NUMBER: 02840881)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017

1. STATUTORY INFORMATION

Gage Management Group Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
The financial statements contain information about Gage Management Group Limited as an individual
company and do not contain consolidated financial information as the parent of a group. The company has
taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial
statements.

INVESTMENTS IN SUBSIDIARIES
Investments are valued at current market value.

3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 August 2016 507,364
Revaluations (27,136 )
At 31 July 2017 480,228
NET BOOK VALUE
At 31 July 2017 480,228
At 31 July 2016 507,364

Cost or valuation at 31 July 2017 is represented by:

Shares in
group
undertakings
£   
Valuation in 2017 431,200
Cost 49,028
480,228

Page 3 continued...
GAGE MANAGEMENT GROUP LIMITED (REGISTERED NUMBER: 02840881)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2017

3. FIXED ASSET INVESTMENTS - continued

If investments had not been revalued they would have been included at the following historical cost:

2017 2016
£    £   
Cost 49,028 49,028

Investments were valued on an open market basis basis on 31 July 2017 by the directors .

The company's investments at the Balance sheet date in the share capital of companies include the following:

Gage-Tupper & Associates Limited
Registered office:
Nature of business: Agents for Clerk of Works
%
Class of shares: holding
Ordinary 100.00
2017 2016
£    £   
Aggregate capital and reserves 480,226 507,364
Profit for the year 6,254 10,953

Signal House Developments Limited
Registered office:
Nature of business: Developer (Dormant)
%
Class of shares: holding
Ordinary 100.00

The subsidiary was dormant throughout the year.

The investment in the subsidiary undertakings is shown at net book value which is considered by the directors
to be similar to open market value.

4. RELATED PARTY DISCLOSURES

The company is controlled by Mr and Mrs M.J. Gage who are both directors of the company.

A dividend of £33,390 (2016 - £71,700) was paid to the directors and their families during the year,

Page 4