Burghley Mews (Peterborough) Management - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06327183 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2017

for

Burghley Mews (Peterborough) Management

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K G Fry

Hett Properties Limited

Posnett Properties Limited

M B Posnett

SECRETARY:

M B Posnett

REGISTERED OFFICE:

Mount Pleasant

Stanground

Peterborough

PE2 8HW

REGISTERED NUMBER:

06327183 (England and Wales)

FIXED ASSETS

Tangible assets

3

1

1

CURRENT ASSETS

Debtors

4

162

186

Cash at bank

458

226

620

412

CREDITORS

Amounts falling due within one year

5

306

249

NET CURRENT ASSETS

314

163

TOTAL ASSETS LESS CURRENT LIABILITIES

315

164

RESERVES

Income and expenditure account

315

164

315

164

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 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.

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 16 April 2018 and were signed on its behalf by:

M B Posnett - Director

1.	STATUTORY INFORMATION

Burghley Mews (Peterborough) Management 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Land

It has been determined by the directors that the freehold land should be accounted for as Property,

Plant and Equipment, on the basis that there is undue cost or effort involved in valuing the freehold

land. The land is therefore included at historical cost.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 August 2016

and 31 July 2017

1

NET BOOK VALUE

At 31 July 2017

1

At 31 July 2016

1

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Other debtors

162

186

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Trade creditors

57

-

Other creditors

249

249

306

249

6.	ULTIMATE CONTROLLING PARTY

There is not one ultimate controlling party.