50 Tolworth Rise South (Managements) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01005188 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

50 Tolworth Rise South (Managements) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Y Chawdhary Esq

SECRETARY:

P M Bazin Esq

REGISTERED OFFICE:

Lee House

Northcote Lane

Shamley Green

Guildford

Surrey

GU5 0RB

REGISTERED NUMBER:

01005188 (England and Wales)

ACCOUNTANTS:

Coussens, Chartered Accountants

Chimneys

Boughton Hall Avenue

Send

Woking

Surrey

GU23 7DD

CURRENT ASSETS

Debtors

3

5,132

14,204

Cash at bank

15,303

19,716

20,435

33,920

CREDITORS

Amounts falling due within one year

4

(7,993

)

(1,743

)

NET CURRENT ASSETS

12,442

32,177

TOTAL ASSETS LESS CURRENT LIABILITIES

12,442

32,177

PROVISIONS FOR LIABILITIES

5

-

(9,000

)

NET ASSETS

12,442

23,177

CAPITAL AND RESERVES

Called up share capital

180

180

Retained earnings

12,262

22,997

SHAREHOLDERS' FUNDS

12,442

23,177

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 director acknowledges his 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 director on 1 December 2018 and were signed by:

Y Chawdhary Esq - Director

1.	STATUTORY INFORMATION

50 Tolworth Rise South (Managements) Ltd 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.

Turnover

Turnover represents service charges receivable from members during the year.

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.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Service charges in arrears

2,162

11,760

Prepayments and accrued income

2,970

2,444

5,132

14,204

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Service charges in advance

2,425

683

Accrued expenses

5,568

1,060

7,993

1,743

5.	PROVISIONS FOR LIABILITIES

31.3.18

31.3.17

£

£

Other provisions

-

9,000

Major

Works

Reserve

£

Balance at 1 April 2017

9,000

Transferred to reserve

Transferred back from reserve

(9,000

)

Balance at 31 March 2018

-