Eliot Business Park Management Company Limited - Period Ending 2018-04-30
Eliot Business Park Management Company Limited - Period Ending 2018-04-30
Registration number:
Eliot Business Park Management Company Limited
for the Year Ended 30 April 2018
8 The Courtyard
Goldsmith Way
Eliot Business Park
Nuneaton
Warwickshire
CV10 7RJ
Eliot Business Park Management Company Limited
Contents
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Company Information |
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Directors' Report |
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Accountants' Report |
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Balance Sheet |
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Notes to the Financial Statements |
Eliot Business Park Management Company Limited
Company Information
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Directors |
Mr Martin Victor Hill Nicholas Francis Aslam Richard Henfryn Owen Mr Jonathan Gareth Fisher Mr Nicholas Peter Russell |
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Registered office |
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Accountants |
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Page 1 |
Eliot Business Park Management Company Limited
Directors' Report for the Year Ended 30 April 2018
The directors present their report and the financial statements for the year ended 30 April 2018.
Directors of the company
The directors who held office during the year were as follows:
Principal activity
The principal activity of the company is that of a management company collecting contributions from its members and expending them to the common good
Small companies provision statement
This report has 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.
Approved by the
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Mr Nicholas Peter Russell
Director
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Page 2 |
Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Eliot Business Park Management Company Limited
for the Year Ended 30 April 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Eliot Business Park Management Company Limited for the year ended 30 April 2018 as set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Eliot Business Park Management Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Eliot Business Park Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Eliot Business Park Management Company Limited, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eliot Business Park Management Company Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Eliot Business Park Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Eliot Business Park Management Company Limited. You consider that Eliot Business Park Management Company Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Eliot Business Park Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Goldsmith Way
Eliot Business Park
Nuneaton
Warwickshire
CV10 7RJ
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Page 3 |
Eliot Business Park Management Company Limited
(Registration number: 05742425)
Balance Sheet as at 30 April 2018
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Note |
2018 |
2017 |
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Current assets |
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Debtors |
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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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Total assets less current liabilities |
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Provisions for liabilities |
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( |
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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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Total equity |
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For the financial year ending 30 April 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.
Approved and authorised by the
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Director
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Page 4 |
Eliot Business Park Management Company Limited
Notes to the Financial Statements for the Year Ended 30 April 2018
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
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.
Turnover
Turnover represents amounts receivable for service charges for the administration and maintenance of the property known as The Courtyard, Eliot Business Park. Nuneaton, net of VAT.
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.
Trade debtors
Trade debtors are contributions due from members.
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.
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Page 5 |
Eliot Business Park Management Company Limited
Notes to the Financial Statements for the Year Ended 30 April 2018
Provisions
Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
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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Debtors |
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2018 |
2017 |
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Trade debtors |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
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Note |
2018 |
2017 |
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Due within one year |
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Other creditors |
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Creditors: amounts falling due after more than one year
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2018 |
2017 |
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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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10 |
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10 |
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Page 6 |