Mill Court (Residents Association) Limited
|
Registered number: |
01165944
|
Abbreviated Balance Sheet |
as at 31 December 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
1,695 |
|
|
1,725 |
|
Current assets |
Debtors |
|
|
240 |
|
|
1,031 |
Cash at bank and in hand |
|
|
15,712 |
|
|
9,449 |
|
|
|
15,952 |
|
|
10,480 |
|
Creditors: amounts falling due within one year |
|
|
(725) |
|
|
(741) |
|
Net current assets |
|
|
|
15,227 |
|
|
9,739 |
|
Net assets |
|
|
|
16,922 |
|
|
11,464 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
10 |
|
|
10 |
Capital redemption reserve |
|
|
|
1,615 |
|
|
1,615 |
Profit and loss account |
|
|
|
15,297 |
|
|
9,839 |
|
Shareholders' funds |
|
|
|
16,922 |
|
|
11,464 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
J McKenzie |
Director |
Approved by the board on 18 March 2016
|
|
Mill Court (Residents Association) Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 December 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value of service charges recoverable from the lessees.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Equipment |
25% of reducing balance
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2015 |
3,876 |
|
At 31 December 2015 |
3,876 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2015 |
2,151 |
|
Charge for the year |
30 |
|
At 31 December 2015 |
2,181 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
1,695 |
|
At 31 December 2014 |
1,725 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
10 |
|
10 |
|
10 |
|
|
|
|
|
|
|
|
|