Company Registration No. 03395005 (England and Wales)
CITY HEIGHTS MANAGEMENT COMPANY (BIRMINGHAM) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017
PAGES FOR FILING WITH REGISTRAR
CITY HEIGHTS MANAGEMENT COMPANY (BIRMINGHAM) LIMITED
COMPANY INFORMATION
Directors
Mr R A Khan
Mr C J Mckee
Company number
03395005
Registered office
3 Westfield House
Milfield Lane
Nether Poppleton
York
United Kingdom
YO26 6GA
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
CITY HEIGHTS MANAGEMENT COMPANY (BIRMINGHAM) LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3
CITY HEIGHTS MANAGEMENT COMPANY (BIRMINGHAM) LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CITY HEIGHTS MANAGEMENT COMPANY (BIRMINGHAM) LIMITED FOR THE YEAR ENDED 31 DECEMBER 2017
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of City Heights Management Company (Birmingham) Limited for the year ended 31 December 2017 which comprise, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member 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 http://www.icaew.com/en/members/regulations-standards-and-guidance
.
This report is made solely to the Board of Directors of City Heights Management Company (Birmingham) Limited, as a body, in accordance with
our
terms
of
engagement. Our work has been undertaken solely to prepare for your approval the financial statements of City Heights Management Company (Birmingham) Limited
and state those matters that we have agreed to state to the Board of Directors of City Heights Management Company (Birmingham) 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 City Heights Management Company (Birmingham) Limited and its Board of Directors as a body, for
our work or for this report.
It is your duty to ensure that City Heights Management Company (Birmingham) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets,
liabilities, financial position and loss of City Heights Management Company (Birmingham) Limited. You consider that City Heights Management Company (Birmingham) 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 financial statements of City Heights Management Company (Birmingham) 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 financial statements.
Ormerod Rutter Limited
4 July 2018
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
CITY HEIGHTS MANAGEMENT COMPANY (BIRMINGHAM) LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2017
31 December 2017
- 2 -
2017
2016
Notes
£
£
£
£
Current assets
Cash at bank and in hand
410
410
Net current assets
410
410
Capital and reserves
Called up share capital
3
410
410
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 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
T
he directors acknowledge their responsibilities for complying with the requirements of the Act 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 3 July 2018 and are signed on its behalf by:
Mr R A Khan
Director
Company Registration No. 03395005
CITY HEIGHTS MANAGEMENT COMPANY (BIRMINGHAM) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017
- 3 -
1
Accounting policies
Company information
City Heights Management Company (Birmingham) Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
3 Westfield House, Milfield Lane, Nether Poppleton, York, United Kingdom, YO26 6GA.
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 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. The principal accounting policies adopted are set out below.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 2 (2016 - 2).
3
Called up share capital
2017
2016
£
£
Ordinary share capital
Issued and fully paid
410 Ordinary shares of £1 each
410
410
4
Service Charge Accounts
Separate service charge accounts are prepared detailing the income and expenditure for City Heights.