103 Warley Hill Management Company Limited Filleted accounts for Companies House (small and micro)

103 WARLEY HILL MANAGEMENT COMPANY LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 07170208

103 Warley Hill Management Company Limited

Company Limited by Guarantee

Filleted Unaudited Financial Statements

For the year ended

28 February 2019

103 Warley Hill Management Company Limited

Company Limited by Guarantee

Statement of Financial Position

28 February 2019

	2019		2018
Note	£	£	£

Current assets

Cash at bank and in hand	22,075		79

Creditors: amounts falling due within one year	5	( 4,498)		( 27)
		--------		----
Net current assets			17,577	52
			--------	----
Total assets less current liabilities			17,577	52
			--------	----
Net assets			17,577	52
			--------	----

Capital and reserves

Profit and loss account	17,577	52
	--------	----
Members funds	17,577	52
	--------	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- 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 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 7 November 2019 , and are signed on behalf of the board by:

S Pay
Director

Company registration number: 07170208

103 Warley Hill Management Company Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 28 February 2019

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 11 Queens Road, Brentwood, Essex, CM14 4HE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

4. Company limited by guarantee

Company is limited by guarantee and consequently does not have share capital.

5. Creditors: amounts falling due within one year

	2019	2018
	£	£
Corporation tax	4,111	–
Other creditors	387	27
	-------	----
	4,498	27
	-------	----

6. Director's advances, credits and guarantees

There are no Director's advances, credits and guarantees to be disclosed.