St George's House - Limited company accounts 18.2

REGISTERED NUMBER: 02125070 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2019

FOR

ST GEORGE'S HOUSE (HARROGATE)

MANAGEMENT COMPANY LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

P G Bowman

D N Oram

P A Spencer-Dent

REGISTERED OFFICE:

Flat 5 St Georges's House

59 St George Street

Harrogate

Yorkshire

HG2 9BP

REGISTERED NUMBER:

02125070 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

The directors present their report with the financial statements of the company for the year ended 5th April 2019.

DIRECTORS

The directors shown below have held office during the whole of the period from 6th April 2018 to the date of this report.

P G Bowman

D N Oram

Other changes in directors holding office are as follows:

P A Spencer-Dent was appointed as a director after 5th April 2019 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:

P G Bowman - Director

30th November 2019

INCOME

12,642

8,714

Administrative expenses

12,379

8,985

OPERATING PROFIT/(LOSS)

263

(271

)

Interest receivable and similar income

3

5

PROFIT/(LOSS) BEFORE TAXATION

266

(266

)

Tax on profit/(loss)

3

-

PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

266

(266

)

CURRENT ASSETS

Debtors

4

7,381

8,765

CREDITORS

Amounts falling due within one year

5

7,321

8,705

NET CURRENT ASSETS

60

TOTAL ASSETS LESS CURRENT
LIABILITIES

60

CAPITAL AND RESERVES

Called up share capital

6

60

SHAREHOLDERS' FUNDS

60

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 2019 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 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors on 30th November 2019 and were signed on its behalf by:

P G Bowman - Director

1.	STATUTORY INFORMATION

St George's House (Harrogate) Management Company Limited is a private company, limited by shares , 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.

Income

Income comprises service charges and associated income receivable from lessees, and which are held on trust.

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.

Presentation of the income statement

The presentation of the income statement on page 3 has been modified from the prescribed format for Company accounts in

order to provide more information to the lessees and other parties who may be interested in the service charge expenditure

incurred in the management of the property.

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 5th April 2019 nor for the year ended 5th April 2018.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5/4/19

5/4/18

£

Trade debtors

809

1,084

Cash at Bank

6,011

5,232

Prepayments

561

2,449

7,381

8,765

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5/4/19

5/4/18

£

Trade creditors

18

3,805

Reserve Fund Account

5,998

742

Service Charge Account

-

3,708

Accrued expenses

1,305

450

7,321

8,705

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5/4/19

5/4/18

value:

£

60

Ordinary

£1

60

7.

RESERVES

Retained

earnings

£

Profit for the year

266

Transfer to Service Charge Account

(266

)

At 5th April 2019

-