The Topiary (Chineham) Management Company Limited Accounts
The Topiary (Chineham) Management Company Limited Accounts
The Topiary (Chineham) Management Company Limited ACCOUNTS COVER |
Company No. 02198194 | |||||||||
Elwood Accountancy Limited | |||||||||
The Topiary (Chineham) Management Company Limited CONTENTS |
Pages | |||||||||
Company Information | 2 | ||||||||
Directors' Report | 3 | ||||||||
Accountant's Report | 4 | ||||||||
Income and Expenditure Account | 5 | ||||||||
Statement of Comprehensive Income | 6 | ||||||||
Balance Sheet | 7 | ||||||||
Statement of Changes in Equity | 8 | ||||||||
Notes to the Accounts | 9 to 10 | ||||||||
The Topiary (Chineham) Management Company Limited COMPANY INFORMATION |
Directors | |||||||||
Secretary | |||||||||
Registered Office | |||||||||
Accountants | |||||||||
1 Breach Farm Cottages | |||||||||
St Johns Road | |||||||||
Oakley | |||||||||
Hampshire | |||||||||
RG23 7DT | |||||||||
The Topiary (Chineham) Management Company Limited DIRECTORS REPORT |
The Directors present their report and the accounts for the year ended 31 December 2019. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
Signed on behalf of the board | |||||||||
D. Horvath | |||||||||
Director | |||||||||
05 February 2020 | |||||||||
The Topiary (Chineham) Management Company Limited ACCOUNTANTS REPORT ICAEW |
Chartered Accountant's Report to the Board of Directors of The Topiary (Chineham) Management Company Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2019 | |||||||||
In order to assist you to fulfil your duties under the Companies Act 2006 , we have prepared for your approval the accounts of The Topiary (Chineham) Management Company Limited for the year ended 31 December 2019 which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the Notes to the Accounts from the company's accounting records and from information and explanations you have given us. | |||||||||
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. | |||||||||
This report is made solely to the Board of Directors of The Topiary (Chineham) Management Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of The Topiary (Chineham) Management Company Limited and state those matters that we have agreed to state to the Board of Directors of The Topiary (Chineham) Management Company Limited, as a body, in this report in accordance with AAF 07/16 as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Topiary (Chineham) Management Company Limited and its Board of Directors as a body for our work or for this report. | |||||||||
It is your duty to ensure that The Topiary (Chineham) Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and surplus of The Topiary (Chineham) Management Company Limited. You consider that The Topiary (Chineham) Management Company Limited is exempt from the statutory audit requirement for the year. | |||||||||
Chartered Accountants | |||||||||
1 Breach Farm Cottages | |||||||||
St Johns Road | |||||||||
Oakley | |||||||||
Hampshire | |||||||||
RG23 7DT | |||||||||
The Topiary (Chineham) Management Company Limited INCOME AND EXPENDITURE ACCOUNT |
for the year ended 31 December 2019 | ||||||||||
2019 | 2018 | |||||||||
£ | £ | |||||||||
Turnover | 1 | 1 | ||||||||
Administrative expenses | 1 | ( | 1 | ( | ||||||
Operating surplus | ||||||||||
Other interest receivable | 0 | 1 | ||||||||
Surplus on ordinary activities before taxation | ||||||||||
Surplus for the financial year after taxation | 2 | 3 | ||||||||
The Topiary (Chineham) Management Company Limited BALANCE SHEET |
at | ||||||||||
Company No. | Notes | 2019 | 2018 | |||||||
£ | £ | |||||||||
Current assets | ||||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 3 | ( | ( | |||||||
Net current assets | ||||||||||
Total assets less current liabilities | ||||||||||
Net assets | ||||||||||
Reserves | ||||||||||
Income and expenditure account | ||||||||||
Total equity | ||||||||||
Approved by the board on 31 December 2019 | ||||||||||
And signed on its behalf by: | ||||||||||
D. Horvath | ||||||||||
Director | ||||||||||
05 February 2020 | ||||||||||
The Topiary (Chineham) Management Company Limited STATEMENT OF CHANGES IN EQUITY |
for the year ended 31 December 2019 | ||||||||||
Income and Expenditure Account | Total equity | |||||||||
£ | £ | |||||||||
At 1 January 2018 | 4,749 | 4,749 | ||||||||
Surplus for the year | ||||||||||
At 31 December 2018 and 1 January 2019 | ||||||||||
Surplus for the year | ||||||||||
At 31 December 2019 | ||||||||||
The Topiary (Chineham) Management Company Limited NOTES TO THE ACCOUNTS |
for the year ended 31 December 2019 | ||||||||||||||
1 | General information | |||||||||||||
Its registered number is: 02198194 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Taxation | ||||||||||||||
No UK Corporation Tax is chargeable. The company operates for the mutual benefit and business is not carried on with a view to making a profit. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. | ||||||||||||||
Trade and other creditors | ||||||||||||||
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. | ||||||||||||||
Provisions | ||||||||||||||
Provisions are charged as an expense to the income and expenditure account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet. | ||||||||||||||
3 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2019 | 2018 | |||||||||||||
£ | £ | |||||||||||||
Other creditors | ||||||||||||||
Accruals and deferred income | ||||||||||||||
4 | Reserves | |||||||||||||