Biddulph Grange Management Company Limit - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04944344 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th June 2017

for

Biddulph Grange Management Company

Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A P W Moore

S Kennerley

Mrs S M Hilton

SECRETARY:

REGISTERED OFFICE:

Biddulph Grange

Grange Road

Biddulph

Staffordshire

ST8 7GZ

REGISTERED NUMBER:

04944344 (England and Wales)

CURRENT ASSETS

Debtors

739

786

Cash at bank and in hand

1,724

3,801

2,463

4,587

CREDITORS

Amounts falling due within one year

1,756

2,063

NET CURRENT ASSETS

707

2,524

TOTAL ASSETS LESS CURRENT LIABILITIES

707

2,524

RESERVES

Income and expenditure account

707

2,524

707

2,524

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 surplus or deficit 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th June 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 6th March 2018 and were signed on its behalf by:

Mrs S M Hilton - Director

1.	STATUTORY INFORMATION

Biddulph Grange Management Company Limited is a private company, limited by guarantee , 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Turnover is measured at the fair value of the consideration received or receivable and represents amounts

receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognized when goods have been delivered to customers such that risks and rewards of ownership

have transferred to them.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st July 2016

and 30th June 2017

1,863

DEPRECIATION

At 1st July 2016

and 30th June 2017

1,863

NET BOOK VALUE

At 30th June 2017

-

At 30th June 2016

-

5.	LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital. The members of the company have each

undertaken to contribute to the assets of the company, in the event of it being wound up while they are members,

or within one year after they cease to be members, for the payment of debt and liabilities contracted before they

cease to be members, such amount as may be required, not exceeding £1 per member.

6.	FIRST YEAR ADOPTION

The Company has transitioned to FRS 102 from previously being prepared under the historical cost convention

and in accordance with the Financial Reporting Standards for Smaller Entities (effective April 2015) as at 1st

July 2016.

Reconciliation of equity

No transitional adjustments were required.

Reconciliation of profit or loss for the year

No reconciliation of profit or loss were required