Victoria Gardens (Wrexham) Management Company Limited Filleted accounts for Companies House (small and micro)

VICTORIA GARDENS (WREXHAM) MANAGEMENT COMPANY LIMITED - Company Information

false false false false false false false false false true false false false false false false false No description of principal activity 2017-04-01 Sage Accounts Production Advanced 2018 - FRS xbrli:pure xbrli:shares iso4217:GBP 06004376 2017-04-01 2018-03-31 06004376 2018-03-31 06004376 bus:LeadAgentIfApplicable 2017-04-01 2018-03-31 06004376 bus:Director1 2017-04-01 2018-03-31 06004376 core:WithinOneYear 2018-03-31 06004376 core:OtherReservesSubtotal 2018-03-31 06004376 bus:SmallEntities 2017-04-01 2018-03-31 06004376 bus:AuditExemptWithAccountantsReport 2017-04-01 2018-03-31 06004376 bus:FullAccounts 2017-04-01 2018-03-31 06004376 bus:SmallCompaniesRegimeForAccounts 2017-04-01 2018-03-31 06004376 bus:CompanyLimitedByGuarantee 2017-04-01 2018-03-31

COMPANY REGISTRATION NUMBER: 06004376

Victoria Gardens (Wrexham) Management Company Limited

Company Limited by Guarantee

Filleted Unaudited Financial Statements

31 March 2018

Victoria Gardens (Wrexham) Management Company Limited

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2018

Contents	Page

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

Victoria Gardens (Wrexham) Management Company Limited

Company Limited by Guarantee

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Victoria Gardens (Wrexham) Management Company Limited

Year ended 31 March 2018

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Victoria Gardens (Wrexham) Management Company Limited for the year ended 31 March 2018, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation.

UHY HACKER YOUNG Chartered Accountants

St John's Chambers Love Street Chester Cheshire CH1 1QN

25 June 2018

Victoria Gardens (Wrexham) Management Company Limited

Company Limited by Guarantee

Statement of Financial Position

31 March 2018

	2018
Note	£

Current assets

Debtors	5	1,407
Cash at bank and in hand		4,127
		--------
		5,534

Creditors: amounts falling due within one year	6	648
		--------
Net current assets		4,886
		--------
Total assets less current liabilities		4,886
		--------
Net assets		4,886
		--------

Victoria Gardens (Wrexham) Management Company Limited

Company Limited by Guarantee

Statement of Financial Position (continued)

31 March 2018

	2018
Note	£

Capital and reserves

Sinking fund reserves	4,886
	--------
Members funds	4,886
	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 25 June 2018 , and are signed on behalf of the board by:

Mrs R Jones

Director

Company registration number: 06004376

Victoria Gardens (Wrexham) Management Company Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2018

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is St John's Chambers, Love Street, Chester, CH1 1QN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the total amount received by the company from the apartment owners of Victoria Gardens to cover expenditure on services provided and future maintenance costs.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Company limited by guarantee

The company is limited by guarantee and has no share capital.

5. Debtors

	2018
	£
Trade debtors	1,407
	--------

6. Creditors: amounts falling due within one year

	2018
	£
Other creditors	648
	--------