Registration number:
31 Mall Road Management Company Limited
for the Year Ended 31 August 2019
102 Fulham Palace Road
London
W6 9PL
31 Mall Road Management Company Limited
Contents
Company Information |
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Profit and Loss Account |
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Balance Sheet |
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Notes to the Financial Statements |
31 Mall Road Management Company Limited
Company Information
Directors |
Jane Rose Catherine Scott-Clark |
Company secretary |
Jane Rose |
Registered office |
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Accountants |
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Page 1 |
31 Mall Road Management Company Limited
Profit and Loss Account for the Year Ended 31 August 2019
The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Page 2 |
31 Mall Road Management Company Limited
(Registration number: 03242264)
Balance Sheet as at 31 August 2019
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2019 |
2018 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net current liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Total equity |
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For the financial year ending 31 August 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the
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Company secretary and director
Page 3 |
31 Mall Road Management Company Limited
Notes to the Financial Statements for the Year Ended 31 August 2019
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Judgements
The directors consider that there are no key judgements that management have made in the process of applying the company’s accounting policies and that may have had a significant effect on the amounts recognised in the financial statements. |
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 4 |
31 Mall Road Management Company Limited
Notes to the Financial Statements for the Year Ended 31 August 2019
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Accounting policies (continued) |
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Financial instruments
Classification
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or cash consolidation expected to be paid or received.
Tangible assets |
Land and buildings |
Total |
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Cost or valuation |
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At 1 September 2018 |
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At 31 August 2019 |
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Depreciation |
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Carrying amount |
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At 31 August 2019 |
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At 31 August 2018 |
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Included within the net book value of land and buildings above is £2,000 (2018 - £2,000) in respect of freehold land and buildings.
Page 5 |
31 Mall Road Management Company Limited
Notes to the Financial Statements for the Year Ended 31 August 2019
Cash and cash equivalents |
2019 |
2018 |
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Cash at bank |
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Creditors |
Note |
2019 |
2018 |
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Due within one year |
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Trade creditors |
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Amounts due to related parties |
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Accruals |
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Share capital |
Allotted, called up and fully paid shares
2019 |
2018 |
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No. |
£ |
No. |
£ |
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Ordinary share of £1 each |
3 |
3 |
3 |
3 |
Page 6 |