Prince Andrew Close Prop Man Co Limited - Accounts to registrar (filleted) - small 18.2

Unaudited Financial Statements for the Year Ended 30 April 2018

for

Prince Andrew Close Property

Management Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Monk

G Saw

J W Boddington

S M Garry

SECRETARY:

S Warwick

REGISTERED OFFICE:

Suite 11

Dukes House

5-6 High Street

Windsor

Berkshire

SL4 1LD

REGISTERED NUMBER:

00978610 (England and Wales)

ACCOUNTANTS:

Peter Upton

Bridge House

2 Bridge Avenue

Maidenhead

Berkshire

SL6 1RR

FIXED ASSETS

Tangible assets

4

5,759

5,759

CURRENT ASSETS

Cash at bank

68,858

63,523

CREDITORS

Amounts falling due within one year

5

26,017

26,034

NET CURRENT ASSETS

42,841

37,489

TOTAL ASSETS LESS CURRENT LIABILITIES

48,600

43,248

CAPITAL AND RESERVES

Called up share capital

6

29

29

Retained earnings

7

48,571

43,219

SHAREHOLDERS' FUNDS

48,600

43,248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 29 January 2019 and were signed on its behalf by:

J W Boddington - Director

1.	STATUTORY INFORMATION

Prince Andrew Close Property 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.

Turnover

Turnover represents the shareholders contribution towards ground rent and an annual maintenance

levy (exclusive of VAT). Monies received in the current year are recognised as turnover in the

subsequent year.

Tangible fixed assets

The freehold land is not depreciated in the accounts. Depreciation is provided at the following annual

rates in order to write off each asset over its estimated useful life.

Plant & machinery

15%

Financial instruments

Basic financial instruments are recognised at settlement value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1 May 2017

and 30 April 2018

5,759

3,129

8,888

DEPRECIATION

At 1 May 2017

and 30 April 2018

-

3,129

3,129

NET BOOK VALUE

At 30 April 2018

5,759

-

5,759

At 30 April 2017

5,759

-

5,759

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Tax

117

119

Other creditors

-

15

Advance maintenance payments

25,060

25,060

Accrued expenses

840

840

26,017

26,034

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.18

30.4.17

value:

£

£

29

Ordinary

£1

29

29

7.

RESERVES

Retained

earnings

£

At 1 May 2017

43,219

Profit for the year

5,352

At 30 April 2018

48,571

8.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party within this company. Each flat owner holds one share. Six

shareholders are appointed directors and one shareholder is the company secretary.