49-60 Riverside Gardens Mgt Company Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04436822 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2016 TO 30 SEPTEMBER 2017

FOR

49-60 RIVERSIDE GARDENS MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss S Roberts

REGISTERED OFFICE:

Metroline House

118 College Road

Harrow

Middlesex

HA1 1BQ

REGISTERED NUMBER:

04436822 (England and Wales)

ACCOUNTANTS:

N S Lucas & Co

The Courtyard

80 High Street

Old Amersham

Buckinghamshire

HP7 0DS

FIXED ASSETS

Tangible assets

3

17,641

17,641

CURRENT ASSETS

Debtors

4

7,083

3,592

Cash at bank

4,551

14,139

11,634

17,731

CREDITORS

Amounts falling due within one year

5

2,796

2,004

NET CURRENT ASSETS

8,838

15,727

TOTAL ASSETS LESS CURRENT LIABILITIES

26,479

33,368

CREDITORS

Amounts falling due after more than one year

6

17,631

17,631

NET ASSETS

8,848

15,737

CAPITAL AND RESERVES

Called up share capital

10

10

Repairs & maintenance reserve

7

8,838

15,727

SHAREHOLDERS' FUNDS

8,848

15,737

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 22 December 2017 and were signed by:

Miss S Roberts - Director

1.	STATUTORY INFORMATION

49-60 Riverside Gardens Management Company 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.

The accounts are prepared in accordance with the provisions of the lease, and on an accruals basis, and follow

guidance on accounting and reporting in relation to service charge accounts for residential properties set out in

the Institute of Chartered Accountants in England and Wales technical release 03/11.

Turnover

Turnover comprises ground rents receivable.

Tangible fixed assets

Land and buildings represents the head lease of 49-60 Riverside Gardens which has been stated at open market

value. No depreciation has been provided in the accounts in accordance with Statement of Standard Accounting

Practice No 19.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 June 2016

and 30 September 2017

17,641

NET BOOK VALUE

At 30 September 2017

17,641

At 31 May 2016

17,641

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

5,543

3,592

Other debtors

1,540

-

7,083

3,592

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

2,796

2,004

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Other creditors

17,631

17,631

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Loans from Lessees

17,631

17,631

7.

RESERVES

Repairs &

Retained

maintenance

earnings

reserve

Totals

£

£

£

At 1 June 2016

-

15,727

15,727

Profit for the period

-

-

Surplus for year

-

(6,889

)

(6,889

)

At 30 September 2017

-

8,838

8,838

8.	RELATED PARTY DISCLOSURES

The company is set up for the benefit of the shareholders to maintain the property on their behalf. All service

charges invoiced are to the shareholders of the Company, and are related party transactions by virtue of them

being so connected.