Mulberry Mews (Silver Street) Management Company Limited Filleted accounts for Companies House (small and micro)
Mulberry Mews (Silver Street) Management Company Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05541371
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Company Limited by Guarantee |
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Company Limited by Guarantee |
Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Current assets
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
5 |
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------- |
------- |
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Net current assets |
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------- |
------- |
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Total assets less current liabilities |
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------- |
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Net assets |
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Capital and reserves
Profit and loss account |
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------- |
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
25 May 2018
, and are signed on behalf of the board by:
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Director |
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Company registration number:
05541371
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Company Limited by Guarantee |
Notes to the Financial Statements |
Year ended 31 August 2017
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 61a Silver Street, Nailsea, Bristol, BS48 2DS.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 September 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 7.
Revenue recognition
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4.
Company limited by guarantee
The company is limited by guarantee. The liability of each member is restricted to £1.
5.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Trade creditors |
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– |
Other creditors |
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6.
Related party transactions
There were no related party transactions in the year to disclose.
7.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 September 2015.
No transitional adjustments were required in equity or profit or loss for the year.