Registered Number
:
02280495
|
For the year ended 31 December 2018
England and Wales
Report of the Directors and Unaudited Financial Statements
For the year ended 31 December 2018
Admirals Hard Limited
Contents Page
2
Directors' Report
3
Chartered Accountants' Report
4
Income Statement
5
Statement of Financial Position
6 to 7
Notes to the Financial Statements
For the year ended 31 December 2018
Admirals Hard Limited
Company Information
R P Rounsfull
Directors
M L Nightingale
L Bunce (appointed on 26 October 2018)
T Keene (appointed on 26 October 2018)
T Stanberry-Flynn (appointed on 26 October 2018)
S F Nicholson
Company Secretary
02280495
64 Durnford Street
Stonehouse
Plymouth
PL1 3QN
Turnbull & Co Accountants Limited
Accountants
Chartered Accountants
Pilgrim House
Oxford Place
Plymouth
PL1 5AJ
1 of 7
For the year ended 31 December 2018
Admirals Hard Limited
Directors' Report
The directors present their report and financial statements for the year ended 31 December 2018.
The principal activity of the company continued to be that of a residential property service management company. Directors Responsibilities Company law requires the directors to prepare financial statements for each financial year which give a true and fair view. In preparing those financial statements, the directors are required to: Select suitable accounting policies and then apply them on a consistent basis, making judgements and estimates that are prudent and reasonable; State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; Prepare the financial statements on the going concern basis unless it is not appropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records, for safeguarding the assets of the company, and for taking reasonable steps for the prevention and detection of fraud and other irregularitites.
|
Directors
The directors who served the company throughout the year were as follows:
J A Strange
R P Rounsfull
S Turner (Resigned on 26/10/2018)
M L Nightingale
S J Wood (appointed on 12/02/2018)(Resigned on 26/10/2018)
|
S E Thompson
L Bunce (appointed on 26/10/2018)
T Keene (appointed on 26/10/2018)
T Stanberry-Flynn (appointed on 26/10/2018)
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
|
20 May 2019
2 of 7
For the year ended 31 December 2018
Admirals Hard Limited
Chartered Accountants' Report
Chartered Accountants
'
report to the Directors on the preparation of the unaudited statutory accounts of
|
Admirals Hard Limited for the year ended
31
December
2018
|
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the accounts
|
of Admirals Hard Limited for the year ended
31
December
2018
which comprise the Income Statement
,
the Statement
|
of Financial Position and the related notes from the company
'
s accounting records and from information and
|
explanations you have given us
.
|
As a practising 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
|
icaew
.
com
/
en
/
members
/
regulations
-
standards
-
and
-
guidance
.
|
This report is made solely to the Board of Directors of Admirals Hard Limited
,
as a body
,
in accordance with the terms
|
of our engagement letter dated
30
April
2014
.
Our work has been undertaken solely to prepare for your approval the
|
accounts of Admirals Hard Limited and state those matters that we have agreed to state to the Board of Directors of
|
Admirals Hard Limited
,
as a body
,
in this report in accordance with ICAEW Technical Release
07
/
16
AAF
.
To the
|
fullest extent permitted by law
,
we do not accept or assume responsibility to anyone other than Admirals Hard Limited
|
and its Board of Directors as a body for our work or for this report
.
|
It is your duty to ensure that Admirals Hard Limited has kept adequate accounting records to prepare statutory
|
accounts that give a true and fair view of the assets
,
liabilities
,
financial position and loss of Admirals Hard Limited
.
|
You consider that Admirals Hard Limited is exempt from the statutory audit requirement for the year
.
|
We have not been instructed to carry out an audit or a review of the accounts of Admirals Hard Limited
.
For this
|
reason
,
we have not verified the accuracy or completeness of the accounting records or information and explanations
|
you have given to us and we do not
,
therefore
,
express any opinion on the statutory accounts
.
|
Turnbull & Co Accountants Limited
Chartered Accountants
Pilgrim House
Oxford Place
Plymouth
PL1 5AJ
10 June 2019
3 of 7
For the year ended 31 December 2018
Admirals Hard Limited
Income Statement
2017
2018
27,930
27,930
27,930
Gross profit
27,930
(52,332)
(13,606)
1
-
Operating loss
(24,401)
14,324
Other interest receivable and similar income
|
17
4
(24,384)
14,328
Loss before taxation
(24,384)
Loss for the financial year
14,328
4 of 7
Admirals Hard Limited
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
235
235
2
235
235
Trade and other receivables
|
5,114
6,893
3
28,702
Cash and cash equivalents
|
9,173
16,066
33,816
Trade and other payables
:
amounts falling due within one
|
year
|
(941)
(7,575)
4
32,875
8,491
Net current assets
Total assets less current liabilities
|
8,726
33,110
8,726
Net assets
33,110
19
19
8,707
33,091
8,726
33,110
Shareholders' funds
For the year ended 31 December 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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.
|
These financial statements were approved and authorised for issue by the Board on 20 May 2019 and were signed by:
|
The notes form part of these financial statements
|
5 of 7
For the year ended 31 December 2018
Admirals Hard Limited
Notes to the Financial Statements
Statutory Information
Admirals Hard Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
02280495
.
|
64 Durnford Street
Stonehouse
Plymouth
PL1 3QN
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention
.
|
Revenue recognition
Turnover represents service charges at invoice value.
External Redecoration
External redecoration costs are paid for from the reserves.
2
.
Property
,
plant and equipment
|
235
235
235
235
3
.
Trade and other receivables
|
2017
2018
2,005
460
4,888
4,654
5,114
6,893
6 of 7
For the year ended 31 December 2018
Admirals Hard Limited
Notes to the Financial Statements Continued
4
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
6,668
4
907
937
7,575
941
7 of 7