Company registration number:
04532735
Exning House Management Company Limited
Unaudited filleted financial statements
30 September 2018
Exning House Management Company Limited
Statement of financial position
30 September 2018
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2018
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2017
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Note
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£
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£
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£
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£
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Fixed assets
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Tangible assets
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4
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-
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3,249
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_______
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_______
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-
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3,249
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Current assets
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Debtors
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346
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341
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Cash at bank
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66,965
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56,940
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_______
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_______
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67,311
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57,281
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Creditors: amounts falling due
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within one year
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(
17,020)
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(
2,592)
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_______
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_______
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Net current assets
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50,291
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54,689
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_______
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_______
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Net assets
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50,291
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57,938
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_______
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_______
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Capital and reserves
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Called up share capital
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11
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11
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Profit and loss account
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50,280
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57,927
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_______
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_______
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Shareholders' funds
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50,291
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57,938
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_______
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_______
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For the year ending 30 September 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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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 financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
12 February 2019
, and are signed on behalf of the board by:
Mr R.S. Dowie
Director
Company registration number:
04532735
Exning House Management Company Limited
Notes to the financial statements
Year ended 30 September 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Stour Valley Business Centre, Brundon Lane, Sudbury, Suffolk, CO10 7GB.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover represents service charges receivable for the year.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Plant and equipment
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-
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25 %
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straight line
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4.
Tangible assets
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Plant and equipment
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Total
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£
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£
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Cost
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At 1 October 2017 and 30 September 2018
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18,988
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18,988
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_______
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_______
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Depreciation
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At 1 October 2017
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15,739
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15,739
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Charge for the year
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3,249
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3,249
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_______
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_______
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At 30 September 2018
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18,988
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18,988
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_______
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_______
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Carrying amount
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At 30 September 2018
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-
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-
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_______
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_______
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At 30 September 2017
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3,249
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3,249
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_______
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_______
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