9 Guildford Road Management Company - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02334287 (England and Wales)

Financial Statements for the Year Ended 31 March 2018

for

9 Guildford Road Management Company

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Phillips

A. N. Dickinson

Ms E A Jockelson

SECRETARY:

R J Thatcher

REGISTERED OFFICE:

Thatchers Property Management

Rear Offices

82 Church Road

HOVE

East Sussex

BN3 2EB

REGISTERED NUMBER:

02334287 (England and Wales)

ACCOUNTANTS:

Style and Silver

Bank House

Southwick Square

Southwick

West Sussex

BN42 4FN

FIXED ASSETS

Tangible assets

3

1,200

1,200

CURRENT ASSETS

Debtors

4

881

881

Cash at bank

282

282

1,163

1,163

CREDITORS

Amounts falling due within one year

5

6,658

6,658

NET CURRENT LIABILITIES

(5,495

)

(5,495

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,295

)

(4,295

)

CAPITAL AND RESERVES

Called up share capital

1,200

1,200

Retained earnings

(5,495

)

(5,495

)

SHAREHOLDERS' FUNDS

(4,295

)

(4,295

)

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 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 7 August 2018 and were signed on its behalf by:

D J Phillips - Director

1.	STATUTORY INFORMATION

9 Guildford Road Management Company 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

Depreciation has not been provided on the freehold property as the directors are of a view that its

value will not diminish.

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 1 April 2017

and 31 March 2018

1,200

NET BOOK VALUE

At 31 March 2018

1,200

At 31 March 2017

1,200

The freehold of the property known as 9 Guildford Road, Brighton is considered by the directors to be

valued at £1,200. All the flats comprising the property are let on 99 year leases commencing 25th

March 1987.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Other debtors

881

881

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Other creditors

6,658

6,658