High Court (Matlock) Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 01673500 (England and Wales)

HIGH COURT (MATLOCK) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

3

1

1

CURRENT ASSETS

Debtors

1,536

1,452

Cash at bank and in hand

7,015

3,733

8,551

5,185

CREDITORS

Amounts falling due within one year

(744

)

(744

)

NET CURRENT ASSETS

7,807

4,441

TOTAL ASSETS LESS CURRENT LIABILITIES

7,808

4,442

RESERVES

Income and expenditure account

7,808

4,442

SHAREHOLDERS' FUNDS

7,808

4,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 22 June 2018 and were signed on its behalf by:

Mrs J E S Hall - Director

1.	STATUTORY INFORMATION

High Court (Matlock) Limited is a private company, limited by guarantee , registered in England and

Wales. The company's registered number and registered office address are as below:

Registered number:

01673500

Registered office:

Roy Peters Estates

54 Knifesmithgate

Chesterfield

Derbyshire

S40 1RQ

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.

The financial statements have been prepared on the going concern basis. No material uncertainties

that cast significant doubt about the ability of the company to continue as a going concern have been

identified by the directors.

Turnover

Turnover consist of service charges and ground rents, payable by the dwelling holders.

3.	INVESTMENT PROPERTY

This figure represents the consideration paid by the company for the freehold property known as High

Court Matlock. The property is leased to its 18 tenants on 125 year leases which were granted in

1982. The property has not been professionally valued, but in the opinion of the directors, its market

value is in excess of book value.

4.	RELATED PARTY DISCLOSURES

In common with companies of this type, it was formed to manage the residents' property. The property

owners are all members and some are also directors. Income represents charges made to the

residents.

5.	ULTIMATE CONTROLLING PARTY

The directors consider the members to be the ultimate controlling party.