Company Registration Number 08481993 (England and Wales)
RIGHT SURVEYORS ASSET MANAGEMENT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018
RIGHT SURVEYORS ASSET MANAGEMENT LTD
DIRECTOR'S REPORT
FOR THE YEAR ENDED 30 APRIL 2018
- 1 -
The director presents his annual report and financial statements for the year ended 30 April 2018.
Principal activities
The principal activity of the company continued to be that of
marketing for licensed associated chartered surveyors
and providing office support functions
.
Director
The director who held office during the year and up to the date of signature of the financial statements was as follows:
Mr L Bunclark
Business Review
During the year the company incurred a gross loss, compared to a gross profit margin of 84.53% in 2017, which is directly as a result of an adjustment to a flat rate VAT charge omitted from the prior year and adjusted for in these accounts.
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Mr L Bunclark
Director
31 January 2019
RIGHT SURVEYORS ASSET MANAGEMENT LTD
BALANCE SHEET
AS AT
30 APRIL 2018
30 April 2018
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2018
2017
£
£
£
£
Fixed assets
191
225
Current assets
50,441
68,643
Creditors: amounts falling due within one year
(4,951)
(15,730)
Net current assets
45,490
52,913
Total assets less current liabilities
45,681
53,138
Net assets
45,681
53,138
Capital and reserves
45,681
53,138
Notes to the financial statements
1
Employees
The average number of persons (including directors) employed by the company during the year was 1 (2017 - 1).
Right Surveyors Asset Management Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Lime Court, Pathfields Business Park, South Molton, Devon, EX36 3LH.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
For the year ended 30 April 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 31 January 2019
Mr L Bunclark
Director
Company Registration Number 08481993