Period from 1 July 2017 to
Registration number:
Envoy Property Management Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Envoy Property Management Limited
Company Information
Directors |
G O F Oldrieve J Armstrong A Treloar |
Company secretary |
R J Gibson |
Registered office |
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Bankers |
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Accountants |
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Page 1 |
Envoy Property Management Limited
Balance Sheet
29 June 2018
Note |
2018 |
2017 |
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Current assets |
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Debtors |
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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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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial period ending 29 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Company Registration Number: 04193918
Page 2 |
Envoy Property Management Limited
Notes to the Financial Statements
Period from 1 July 2017 to 29 June 2018
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal place of business is:
26 Lockyer Street
Plymouth
Devon
PL1 2QW
These financial statements were authorised for issue by the
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.
Going concern
On 1 July 2016 the decision was taken to transfer the trade of Envoy Property Management Limited into its immediate parent undertaking, Vickery Holman Limited.
The company has not undertaken any trade since that date. Since the balance sheet date the residual cash balance held in the company was transferred to its parent undertaking.
Revenue recognition
Turnover represents amounts chargeable, net of value added tax, in respect of the provision of services to clients.
Turnover is recognised when a right to consideration has been obtained through performance under
each contract.
Page 3 |
Envoy Property Management Limited
Notes to the Financial Statements
Period from 1 July 2017 to 29 June 2018
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
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.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Financial instruments
Classification
The company holds the following financial instruments:
• Short term trade and other debtors and creditors;
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Page 4 |
Envoy Property Management Limited
Notes to the Financial Statements
Period from 1 July 2017 to 29 June 2018
Debtors |
2018 |
2017 |
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Trade debtors |
- |
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Other debtors |
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- |
Prepayments |
- |
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Creditors |
Creditors: amounts falling due within one year
2018 |
30 June 2017 |
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Due within one year |
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Accrued expenses |
- |
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Share capital |
Allotted, called up and fully paid shares
2018 |
2017 |
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No. |
£ |
No. |
£ |
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1,000 |
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1,000 |
Page 5 |