| Number 97 Central Hill Management Company Limited |
| Registered number: |
01839679 |
| Balance Sheet |
| as at 31 March 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Current assets |
| Debtors |
2 |
|
10,392 |
|
|
2,648 |
| Cash at bank and in hand |
|
|
2,114 |
|
|
7,710 |
|
|
|
12,506 |
|
|
10,358 |
|
| Creditors: amounts falling due within one year |
3 |
|
(4,314) |
|
|
(5,954) |
|
| Net current assets |
|
|
|
8,192 |
|
|
4,404 |
|
| Net assets |
|
|
|
8,192 |
|
|
4,404 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
7 |
|
|
7 |
| Share premium |
|
|
|
70 |
|
|
70 |
| Profit and loss account |
|
|
|
8,115 |
|
|
4,327 |
|
| Shareholders' funds |
|
|
|
8,192 |
|
|
4,404 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Hugh Lee |
| Director |
| Approved by the board on 5 December 2018 |
|
| Number 97 Central Hill Management Company Limited |
| Notes to the Accounts |
| for the year ended 31 March 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
| 2 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Other debtors |
10,392 |
|
2,648 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Other creditors |
4,314 |
|
5,954 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Other information |
|
|
Number 97 Central Hill Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
97 Central Hill |
|
Upper Norwood |
|
London |
|
SE19 1BY |
|
|
| 5 |
Director's loans and interest |
|
|
As at the balance sheet date the amount outstanding to the director by the company was £3,075 |
|
(2017 £2,735). |
