Crompton Court Residents Association Ltd - Accounts to registrar (filleted) - small 18.2
Crompton Court Residents Association Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Financial Statements for the Year Ended 31 December 2018 |
for |
Crompton Court Residents Association |
Limited |
Crompton Court Residents Association |
Limited (Registered number: 01377466) |
Contents of the Financial Statements |
for the Year Ended 31 December 2018 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Crompton Court Residents Association |
Limited |
Company Information |
for the Year Ended 31 December 2018 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
61 Stanley Road |
Bootle |
Merseyside |
L20 7BZ |
Crompton Court Residents Association |
Limited (Registered number: 01377466) |
Statement of Financial Position |
31 December 2018 |
31.12.18 | 31.12.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Other reserves |
SHAREHOLDERS' FUNDS |
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. |
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 |
Crompton Court Residents Association |
Limited (Registered number: 01377466) |
Notes to the Financial Statements |
for the Year Ended 31 December 2018 |
1. | STATUTORY INFORMATION |
Crompton Court Residents Association Limited is a |
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 |
Tangible fixed assets |
Depreciation on land and buildings has not been provided. |
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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
statement of financial position 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. |
Cash balances |
Per the conclusions reached within FRED 50 we confirm that as at the year end the cash balance held in trust |
under section 42 of the Landlord and Tenant Act (1987) from service charges amounted to £24,272 (2017 - |
£29,212)) |
Debtors and creditors |
As at the year end £5,444 (2017- £3,329) was due from service charges raised but not yet paid. Other debtors |
amounted to £474 (2017 - £560) |
Trade and other creditors at 31st December 2018 amounted to £202 (2017 - £16) |
Accrued expenses at at 31st December 2018 amounted to £1,152 (2017- £1,140) |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Crompton Court Residents Association |
Limited (Registered number: 01377466) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2018 |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 January 2018 |
and 31 December 2018 |
NET BOOK VALUE |
At 31 December 2018 |
At 31 December 2017 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.18 | 31.12.17 |
£ | £ |
Other debtors |