| Fifteen Morton Crescent Exmouth Management Ltd |
| Registered number: |
04403634 |
| Balance Sheet |
| as at 31 March 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
751 |
|
|
344 |
| Cash at bank and in hand |
|
|
2,699 |
|
|
3,905 |
|
|
|
3,450 |
|
|
4,249 |
|
| Creditors: amounts falling due within one year |
4 |
|
(3,450) |
|
|
(4,249) |
|
| Net current assets |
|
|
|
- |
|
|
- |
|
| Net assets |
|
|
|
- |
|
|
- |
|
|
|
|
|
|
|
|
| Capital and reserves |
|
| Shareholders' funds |
|
|
|
- |
|
|
- |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| ……………………………… |
| Mr S Purvis |
| Director |
| Approved by the board on 27 November 2017 |
|
| Fifteen Morton Crescent Exmouth Management Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £. |
|
|
Turnover |
|
Turnover represents the contributions made towards the running costs of the property made by the owners of the flats. |
|
|
Debtors and creditors receivable/payable within one year |
|
Debtors and creditors with no stated interest and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses. |
|
| 2 |
First-time adoption of FRS102 1A |
|
|
The transition to reporting under FRS102 1A has not significantly affected the financial position and performance of the company. |
|
| 3 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Prepayments and accrued income |
|
|
723 |
|
344 |
|
Other debtors |
28 |
|
- |
|
|
|
|
|
|
751 |
|
344 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Accruals and deferred income |
479 |
|
456 |
|
Other creditors |
2,971 |
|
3,793 |
|
|
|
|
|
|
3,450 |
|
4,249 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
Fifteen Morton Crescent Exmouth Management Ltd is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
5 Providence Court |
|
Pynes Hill |
|
Exeter |
|
Devon |
|
EX2 5JL |
