REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
FOR |
AVENUE COURT (TADWORTH) MANAGEMENT |
COMPANY LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
FOR |
AVENUE COURT (TADWORTH) MANAGEMENT |
COMPANY LIMITED |
AVENUE COURT (TADWORTH) MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 02382297) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
AVENUE COURT (TADWORTH) MANAGEMENT |
COMPANY LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants |
& Registered Auditor |
30 New Road |
Brighton |
East Sussex |
BN1 1BN |
AVENUE COURT (TADWORTH) MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 02382297) |
BALANCE SHEET |
31 DECEMBER 2017 |
2017 | 2016 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Lift maintenance fund | 6 | ( |
) |
Cyclical maintenance fund | 6 |
Retained earnings | 6 |
SHAREHOLDERS' FUNDS |
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 |
AVENUE COURT (TADWORTH) MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 02382297) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
1. | STATUTORY INFORMATION |
Avenue Court (Tadworth) Management Company Limited is a |
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 |
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 |
Other debtors |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Other creditors |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
Ordinary A | .25 | 17 | 17 |
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. |
AVENUE COURT (TADWORTH) MANAGEMENT |
COMPANY LIMITED (REGISTERED NUMBER: 02382297) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
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. |
for and on behalf of |