Avenue Court (Tadworth) Management Co - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 02382297 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

AVENUE COURT (TADWORTH) MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L Lucas

D E Buckley

R U Dodd

M Chatterton

K P Wolf

REGISTERED OFFICE:

Wharf Farm

Newbridge Road

Billingshurst

West Sussex

RH14 0JG

REGISTERED NUMBER:

02382297 (England and Wales)

AUDITORS:

Hilton Sharp & Clarke Limited

Chartered Accountants

& Registered Auditor

30 New Road

Brighton

East Sussex

BN1 1BN

CURRENT ASSETS

Debtors

3

2,024

7,737

Cash at bank

72,175

61,100

74,199

68,837

CREDITORS

Amounts falling due within one year

4

5,622

7,353

NET CURRENT ASSETS

68,577

61,484

TOTAL ASSETS LESS CURRENT LIABILITIES

68,577

61,484

CAPITAL AND RESERVES

Called up share capital

5

70

70

Lift maintenance fund

6

827

(259

)

Cyclical maintenance fund

6

36,719

26,381

Retained earnings

6

30,961

35,292

SHAREHOLDERS' FUNDS

68,577

61,484

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 16 May 2018 and were signed on its behalf by:

M Chatterton - Director

1.	STATUTORY INFORMATION

Avenue Court (Tadworth) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents service charges and ground rents received

Taxation

The company is a non-profit making enterprise. A corporation tax liability arises only on bank interest received.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

1,046

6,180

Other debtors

978

1,557

2,024

7,737

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

5,622

7,353

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

70

Ordinary A

.25

17

17

210

Ordinary

.25

53

53

70

70

The voting rights of the holders of all Ordinary Shares are the same, and rank pari passu on winding up.

6.

RESERVES

Reserve fund

Lift

CM

Total

£

£

£

£

At 1 January 2017

35,292

(259

)

26,381

61,414

Surplus for the year

6,008

1,086

-

7,094

Amounts levied within SC

(10,338

)

-

10,338

-

At 31 December 2017

30,962

827

36,719

68,508

Reserve fund

Cyclical maintenance

Apartments

Garages

Total

Apartments

Garages

Total

£

£

£

£

£

£

At 1 January 2017

31,716

3,576

35,292

27,189

(808

)

26,381

Surplus (Loss) for the year

8,474

(2,466

)

6,008

-

-

,

Amounts levied within SC

(9,813

)

(525

)

(10,338

9,813

525

10,338

At 31 December 2017

30,377

585

30,962

37,002

(283

)

36,719

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Roger Moore (Senior Statutory Auditor)

for and on behalf of Hilton Sharp & Clarke Limited