46A Bellevue Road Bristol Management Company Limited - Period Ending 2019-02-28

Registration number: 07554216

46A Bellevue Road Bristol Management Company Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2019

C V Ross & Co Limited
Accountants and Tax Consultants
Unit 1, Office 1
Tower Lane Business Park
Tower Lane
Warmley
Bristol
BS30 8XT

46A Bellevue Road Bristol Management Company Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	4 to 6

46A Bellevue Road Bristol Management Company Limited

Company Information

Directors

Mr D M Slater Mrs M L Slater

Registered office

4A Tylers Lane Downend Bristol BS16 5JD

Accountants

C V Ross & Co Limited Accountants and Tax Consultants Unit 1, Office 1 Tower Lane Business Park Tower Lane Warmley Bristol BS30 8XT

Page 1

46A Bellevue Road Bristol Management Company Limited

(Registration number: 07554216)
Balance Sheet as at 28 February 2019

	Note	2019 £	2018 £
Fixed assets
Tangible assets	3	1	-
Current assets
Cash at bank and in hand		2,241	1,787
Creditors: Amounts falling due within one year	4	(504)	(451)
Net current assets		1,737	1,336
Net assets		1,738	1,336
Capital and reserves
Profit and loss account		1,738	1,336
Total equity		1,738	1,336

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The notes on pages 4 to 6 form an integral part of these financial statements.

Page 2

46A Bellevue Road Bristol Management Company Limited

(Registration number: 07554216)
Balance Sheet as at 28 February 2019

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 19 November 2019 and signed on its behalf by:
 

.........................................

Mrs M L Slater

Director

The notes on pages 4 to 6 form an integral part of these financial statements.

Page 3

46A Bellevue Road Bristol Management Company Limited

Notes to the Financial Statements for the Year Ended 28 February 2019

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 4

46A Bellevue Road Bristol Management Company Limited

Notes to the Financial Statements for the Year Ended 28 February 2019

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3	Tangible assets

	Land and buildings £	Total £
Cost or valuation
Additions	1	1
At 28 February 2019	1	1
Depreciation
Carrying amount
At 28 February 2019	1	1

Included within the net book value of land and buildings above is £1 (2018 - £Nil) in respect of freehold land and buildings.
 

4

Creditors

Creditors: amounts falling due within one year

	2019 £	2018 £
Due within one year
Accruals and deferred income	276	276
Other creditors	228	175
	504	451

Page 5

46A Bellevue Road Bristol Management Company Limited

Notes to the Financial Statements for the Year Ended 28 February 2019

5	Related party transactions

Transactions with directors

2019	At 1 March 2018 £	Repayments by director £	At 28 February 2019 £
Mr D M Slater
Balance due to/(by) the director	87	27	114
Mrs M L Slater
Balance due to/(by) the director	88	26	114

2018	At 1 March 2017 £	Repayments by director £	At 28 February 2018 £
Mr D M Slater
Balance due to/(by) the director	30	57	87
Mrs M L Slater
Balance due to/(by) the director	31	57	88

Page 6