Laurel Manor Rtm Company Limited - Limited company accounts 18.2

REGISTERED NUMBER: 06901040 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 September 2018

for

LAUREL MANOR RTM COMPANY LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Ms M O'Brien

B C Putt

Mrs K A Zonfrillo

J H Rayner

E J Eggs

C R Ball

S A Bastin

SECRETARY:

M Waters

REGISTERED OFFICE:

6 Lind Road

Sutton

Surrey

SM1 4PJ

REGISTERED NUMBER:

06901040 (England and Wales)

ACCOUNTANTS:

A W Associates

Regus Building

Wellington Way

Brooklands Business Park

Weybridge

Surrey

KT13 0TT

The directors present their report with the financial statements of the company for the year ended 30 September 2018.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 October 2017 to

the date of this report.

Ms M O'Brien

B C Putt

Mrs K A Zonfrillo

J H Rayner

E J Eggs

C R Ball

Other changes in directors holding office are as follows:

Ms L Mills - resigned 12 February 2018

S A Bastin - appointed 30 April 2018

M H Clark ceased to be a director after 30 September 2018 but prior to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act

2006 relating to small companies.

ON BEHALF OF THE BOARD:

C R Ball - Director

30 April 2019

TURNOVER

62,480

-

Administrative expenses

45,555

-

16,925

-

Other operating income

70

-

OPERATING SURPLUS

16,995

-

Interest receivable and similar
income

1,097

-

SURPLUS BEFORE TAXATION

18,092

-

Tax on surplus

-

SURPLUS FOR THE FINANCIAL
YEAR

18,092

-

CURRENT ASSETS

Debtors

3

74,887

-

Cash at bank

69,428

-

144,315

-

CREDITORS

Amounts falling due within one year

4

4,419

-

NET CURRENT ASSETS

139,896

-

TOTAL ASSETS LESS CURRENT
LIABILITIES

139,896

-

RESERVES

Income and expenditure account

5

139,896

-

139,896

-

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 surplus or deficit 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 6 March 2019 and were
signed on its behalf by:

C R Ball - Director

1.	STATUTORY INFORMATION

Laurel Manor Rtm Company Limited is a private company, limited by guarantee , 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet 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.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Other debtors

74,887

-

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Taxation and social security

4

-

Other creditors

4,415

-

4,419

-

5.

RESERVES

The company has taken over the operations of Laurel Manor Management (No 1) Limited

and Laurel Manor Management (No 2) Limited in respect of collection of service charges

from the leaseholders of Laurel Manor, 32 Devonshire Road, Sutton, Surrey SM2 5EJ. The

assets and reserves of the companies have been absorbed into the balance sheet of Laurel

Manor RTM Co Limited with effect from 1 October 2017.