Company Registration No. 01839754 (England and Wales)
QUARRY PLACE MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018
PAGES FOR FILING WITH REGISTRAR
QUARRY PLACE MANAGEMENT LIMITED
COMPANY INFORMATION
Directors
Mrs L C Edwards
Mr E A Youngman
(Appointed 10 November 2018)
Secretary
Mr P A Jones
Company number
01839754
Registered office
Flat 4
4 Quarry Place
Shrewsbury
Shropshire
England
SY1 1JN
Accountants
Baldwins (Shrewsbury) Limited
Column House
London Road
Shrewsbury
Shropshire
SY2 6NN
QUARRY PLACE MANAGEMENT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
QUARRY PLACE MANAGEMENT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2018
31 March 2018
- 1 -
2018
2017
Notes
£
£
£
£
Current assets
Debtors
3
-
1,724
Cash at bank and in hand
2,189
1,900
2,189
3,624
Creditors: amounts falling due within one year
4
(1,550)
-
Net current assets
639
3,624
Provisions for liabilities
5
(633)
(3,618)
Net assets
6
6
Capital and reserves
Called up share capital
6
6
6
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved by the board of directors and authorised for issue on 5 December 2018 and are signed on its behalf by:
Mr E A Youngman
Director
Company Registration No. 01839754
QUARRY PLACE MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018
- 2 -
1
Accounting policies
Company information
Quarry Place Management Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Flat 4, 4 Quarry Place, Shrewsbury, Shropshire, England, SY1 1JN.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value.
These financial statements for the year ended 31 March 2018
are the
first
financial statements of Quarry Place Management Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 April 2016. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.
2
Taxation
No liability to UK corporation tax arose on ordinary activities for the year ended 31 March 2018 nor for the year ended 31 March 2017.
3
Debtors
2018
2017
Amounts falling due within one year:
£
£
Other debtors
-
1,724
4
Creditors: amounts falling due within one year
2018
2017
£
£
Other creditors
1,550
-
5
Provisions for liabilities
Sinking fund
£
At 1 April 2017
3,618
Profit and loss account
(2,985)
QUARRY PLACE MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2018
5
Provisions for liabilities
(Continued)
- 3 -
At 31 March 2018
633
6
Called up share capital
2018
2017
£
£
Ordinary share capital
Issued and fully paid
6 Ordinary of £1 each
6
6
6
6