Greenlands (Penarth) Management Company - Accounts to registrar (filleted) - small 18.2
Greenlands (Penarth) Management Company - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2018 |
| for |
| GREENLANDS (PENARTH) MANAGEMENT |
| COMPANY LIMITED |
| GREENLANDS (PENARTH) MANAGEMENT |
| COMPANY LIMITED (REGISTERED NUMBER: 01766036) |
| 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 |
| GREENLANDS (PENARTH) MANAGEMENT |
| COMPANY LIMITED |
| Company Information |
| for the year ended 31 December 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Bronwylfa |
| Llangunnor Road |
| Carmarthen |
| Dyfed |
| SA31 2PB |
| GREENLANDS (PENARTH) MANAGEMENT |
| COMPANY LIMITED (REGISTERED NUMBER: 01766036) |
| Statement of Financial Position |
| 31 December 2018 |
| 31.12.18 | 31.12.17 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Other reserves | 7 |
| Retained earnings | 7 |
| 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 Statement of Comprehensive Income has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| GREENLANDS (PENARTH) MANAGEMENT |
| COMPANY LIMITED (REGISTERED NUMBER: 01766036) |
| Notes to the Financial Statements |
| for the year ended 31 December 2018 |
| 1. | STATUTORY INFORMATION |
| Greenlands (Penarth) Management Company Limited is a |
| 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 |
| Significant judgements and estimates |
| No significant judgements or estimates have been required either in the current period or the comparative period. |
| Turnover |
| Turnover represents rents receivable which are recognised in the accounting period in which they are charged. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2017 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2018 |
| and 31 December 2018 |
| DEPRECIATION |
| At 1 January 2018 |
| and 31 December 2018 |
| NET BOOK VALUE |
| At 31 December 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.18 | 31.12.17 |
| £ | £ |
| Trade debtors |
| Other debtors |
| GREENLANDS (PENARTH) MANAGEMENT |
| COMPANY LIMITED (REGISTERED NUMBER: 01766036) |
| Notes to the Financial Statements - continued |
| for the year ended 31 December 2018 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.18 | 31.12.17 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | RESERVES |
| Retained | Other |
| earnings | reserves | Totals |
| £ | £ | £ |
| At 1 January 2018 | 143,195 |
| Profit for the year |
| Transfer between reserves | (65,868 | ) | 65,868 | - |
| At 31 December 2018 | 191,817 |
| Other reserves (which are also retained earnings) reflect the proceeds from the sale of land less any expenditure |
| defrayed in this period ring-fenced for use out of the sale, giving a balance of £129,868. From this will be |
| deducted the attributable corporation tax of £74,000. Added has been the value from the sale of land option in |
| 2015 of £10,000. The resultant balance of £65,868 represents the monies remaining for designated use out of the |
| sale of land. |