Lucern Apartments Management Co Ltd
Lucern Apartments Management Co Ltd
Registered number: 07904744
Unaudited Financial Statements
For The Year Ended 31 January 2018
Kent Coast Accounts Ltd
Certified Public Accountants
39 Brooke Avenue
Margate
Kent
CT9 5NG
Lucern Apartments Management Co Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2018
Unaudited Financial Statements
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| Page | |
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| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
Lucern Apartments Management Co Ltd
Balance Sheet
As at
31 January 2018
Balance Sheet
Registered number:
07904744
For the year ending 31 January 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 2 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 3 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 4,939 | 6,784 | |||
Directors' responsibilities:
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The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on page 2 form part of these financial statements.
Page 1
Lucern Apartments Management Co Ltd
Notes to the Financial Statements
For The Year Ended 31 January 2018
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2.
Turnover
Turnover represents the collection of service charges for the maintenance and upkeep of the building.
1.3.
Cash at Bank and in hand.
At year end the cash at bank includes reserve bank account.
Cash at bank £976.66
Reserve Account £2,164.37
Total £3,141.03
2.
Debtors
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| £ | £ | ||
| Due within one year | |||
| Prepayments and accrued income |
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| Reserve funds due |
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Included in Debtors due within 1 year are the following prepayments:-
Service charges collected in advance.
3.
Creditors: Amounts Falling Due Within One Year
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| £ | £ | ||
| Trade creditors |
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| Reserve funds |
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4.
General Information
Lucern Apartments Management Co Ltd Registered number 07904744 is a private company limited by guarantee without share capital incorporated in England & Wales. The Registered Office is Cockett Henderson, 133 High Street, Broadstairs, Kent, CT10 1NG.
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