Abbeydale (Sidmouth) Limited 04092046 false 2016-11-01 2017-10-31 2017-10-31 The principal activity of the company is the management of property at Abbeydale, Manor Road, Sidmouth, Devon Digita Accounts Production Advanced 6.20.8420.0 Software true 04092046 2016-11-01 2017-10-31 04092046 2017-10-31 04092046 bus:SmallEntities 2016-11-01 2017-10-31 04092046 bus:AuditExemptWithAccountantsReport 2016-11-01 2017-10-31 04092046 bus:FullAccounts 2016-11-01 2017-10-31 04092046 bus:RegisteredOffice 2016-11-01 2017-10-31 04092046 bus:CompanySecretary1 2016-11-01 2017-10-31 04092046 bus:Director1 2016-11-01 2017-10-31 04092046 bus:Director10 2016-11-01 2017-10-31 04092046 bus:Director2 2016-11-01 2017-10-31 04092046 bus:Director9 2016-11-01 2017-10-31 04092046 bus:CompanyLimitedByGuarantee 2016-11-01 2017-10-31 04092046 bus:Agent1 2016-11-01 2017-10-31 04092046 countries:AllCountries 2016-11-01 2017-10-31 04092046 2016-10-31 iso4217:GBP

Registration number: 04092046

Abbeydale (Sidmouth) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2017

image-name

Easterbrook Eaton Limited
Chartered Accountants
Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

 

Abbeydale (Sidmouth) Limited

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Balance Sheet

4

Notes to the Financial Statements

5

 

Abbeydale (Sidmouth) Limited

Company Information

Directors

Mr. J.P. Kinch

Mr. L.A.F. Durant

Mr P J Tibbals

Mrs CC Keylock

Company secretary

Mr S I Jarrett

Registered office

Abbeydale (Sidmouth) Limited
Hillsdon House
High Street
Sidmouth
Devon
EX10 8LD

Bankers

Barclays Bank Plc
Sidmouth
40 High Street
Sidmouth
Devon
EX10 8EB

Accountants

Easterbrook Eaton Limited
Chartered Accountants
Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

Page 1

 

Abbeydale (Sidmouth) Limited

Directors' Report for the Year Ended 31 October 2017

The directors present their report and the financial statements for the year ended 31 October 2017.

Directors of the company

The directors who held office during the year were as follows:

Mr. J.P. Kinch

Mr. L.A.F. Durant

Mr P J Tibbals

Mrs CC Keylock

Principal activity

The principal activity of the company is the management of property at Abbeydale, Manor Road, Sidmouth, Devon

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 9 January 2018 and signed on its behalf by:

.........................................
Mr S I Jarrett
Company secretary

Page 2

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Abbeydale (Sidmouth) Limited
for the Year Ended 31 October 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Abbeydale (Sidmouth) Limited for the year ended 31 October 2017 as set out on pages 4 to 5 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 Abbeydale (Sidmouth) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Abbeydale (Sidmouth) Limited and state those matters that we have agreed to state to the Board of Directors of Abbeydale (Sidmouth) 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 Abbeydale (Sidmouth) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Abbeydale (Sidmouth) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Abbeydale (Sidmouth) Limited. You consider that Abbeydale (Sidmouth) 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 accounts of Abbeydale (Sidmouth) 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 accounts.

......................................

Easterbrook Eaton Limited
Chartered Accountants
Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

16 January 2018

image-name

Page 3

 

Abbeydale (Sidmouth) Limited

(Registration number: 04092046)
Balance Sheet as at 31 October 2017

Note

2017
£

2016
£

Capital and reserves

  

Total equity

  

-

-

For the financial year ending 31 October 2017 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 accounts for the year in question in accordance with section 476; and

•

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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 9 January 2018 and signed on its behalf by:
 

.........................................

Mr. J.P. Kinch

Director

The notes on page 5 form an integral part of these financial statements.

Page 4

 

Abbeydale (Sidmouth) Limited

Notes to the Financial Statements for the Year Ended 31 October 2017

1

General information

The company is a company limited by guarantee incorporated in England and Wales.

The address of its registered office is:
Abbeydale (Sidmouth) Limited
Hillsdon House
High Street
Sidmouth
Devon
EX10 8LD

These financial statements were authorised for issue by the Board on 9 January 2018.

2

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.

Company Status
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £nil towards the assets of the company in the event of liquidation.

Bank, Cash and Other Assets
A statutory trust is placed over service charge monies received under section 42 of the Landlord and Tenant Act 1987 and the RMC acts as a trustee in this capacity.
The closing balance of cash and other assets held on trust by the Residential Management Company are £17,853.

Page 5