Citadel Road Management Limited - Period Ending 2018-01-31
Citadel Road Management Limited - Period Ending 2018-01-31
Registration number:
Citadel Road Management Limited
for the Year Ended 31 January 2018
Chartered Accountant
5 North Court
Armstrong Road
Maidstone
Kent
ME15 6JZ
Citadel Road Management Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Citadel Road Management Limited
Company Information
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Directors |
Mr David Sutcliffe Lord Ms Elizabeth Joan Lavers Miss Jemma Louise Duffield Mr Philip Gregory Cooper |
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Registered office |
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Accountants |
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Page 1 |
Citadel Road Management Limited
(Registration number: 06054022)
Balance Sheet as at 31 January 2018
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Note |
2018 |
2017 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Share premium reserve |
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Other reserves |
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Profit and loss account |
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Total equity |
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For the financial 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.
Directors' responsibilities:
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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 accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Director
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Page 2 |
Citadel Road Management Limited
Notes to the Financial Statements for the Year Ended 31 January 2018
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General information |
The company is a private company limited by share capital, incorporated in Other.
The address of its registered office is:
United Kingdom
The principal place of business is:
4 Citadel Road
Dover
Kent
CT17 9DP
United Kingdom
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Plant and Machinery |
10% on Reducing Balance |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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Page 3 |
Citadel Road Management Limited
Notes to the Financial Statements for the Year Ended 31 January 2018
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Tangible assets |
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Land and buildings |
Other tangible assets |
Total |
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Cost or valuation |
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At 1 February 2017 |
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At 31 January 2018 |
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Depreciation |
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At 1 February 2017 |
- |
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Charge for the year |
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At 31 January 2018 |
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Carrying amount |
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At 31 January 2018 |
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At 31 January 2017 |
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Included within the net book value of land and buildings above is £4,000 (2017 - £4,000) in respect of freehold land and buildings.
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Page 4 |
Citadel Road Management Limited
Notes to the Financial Statements for the Year Ended 31 January 2018
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Creditors |
Creditors: amounts falling due within one year
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2018 |
2017 |
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Due within one year |
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Accruals and deferred income |
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Share capital |
Allotted, called up and fully paid shares
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2018 |
2017 |
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No. |
£ |
No. |
£ |
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4 |
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4 |
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Page 5 |