Summerfields Management Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 02032420 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 September 2017

for

Summerfields Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T E Hebblethwaite

T J Smith

M Turner

SECRETARY:

Hillcrest Estate Management Limited

REGISTERED OFFICE:

5 Grove Road

Redland

Bristol

BS6 6UJ

REGISTERED NUMBER:

02032420 (England and Wales)

ACCOUNTANTS:

Goatcher Chandler

31 St Georges Square

St Georges Centre

Gravesend

Kent

DA11 0TB

FIXED ASSETS

Tangible assets

3

40

40

CREDITORS

Amounts falling due within one year

4

2

2

NET CURRENT LIABILITIES

(2

)

(2

)

TOTAL ASSETS LESS CURRENT LIABILITIES

38

38

CAPITAL AND RESERVES

Called up share capital

38

38

SHAREHOLDERS' FUNDS

38

38

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 September 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 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 Board of Directors on 24 May 2018 and were signed on its behalf by:

M Turner - Director

1.	STATUTORY INFORMATION

Summerfields Management 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.

Tangible fixed assets

No depreciation is provided on freehold property.

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.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 29 September 2016

and 28 September 2017

40

NET BOOK VALUE

At 28 September 2017

40

At 28 September 2016

40

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

2

2