6_ST_MARKS_RISE_MANAGEMEN - Accounts

The directors present their annual report and financial statements for the year ended 31 July 2018.

The company was formed for the purposes of purchasing the freehold interest in the property at 6 St Marks Rise, London, E8 2NJ and to manage the property as lessor on behalf of the company's members who respectively hold the leasehold interests in the property. The members make regular contributions as agreed to provide for future maintenance costs as well as meeting current insurance and other operating costs. The company is limited by guarantee without share capital and every member undertakes to contribute to the assets of the company in the event of it being wound up, such amount as may be required, not exceeding £1.

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 6 St Marks Rise Management Co Limited for the year ended 31 July 2018, which comprise the income and expenditure account and the balance sheet, 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 http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of 6 St Marks Rise Management Co Limited, as a body, in accordance with the terms of our engagement letter dated 26 April 2018. Our work has been undertaken solely to prepare for your approval the financial statements of 6 St Marks Rise Management Co Limited and state those matters that we have agreed to state to the board of directors of 6 St Marks Rise Management Co Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 6 St Marks Rise Management Co Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that 6 St Marks Rise Management Co Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 6 St Marks Rise Management Co Limited. You consider that 6 St Marks Rise Management Co 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 financial statements of 6 St Marks Rise Management Co 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 financial statements.

6 St Marks Rise Management Co Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 6 St Marks Rise, London, E8 2NJ.

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.