Singedge Property Management Company Limited
|
Registered number: |
03100235
|
Abbreviated Balance Sheet |
as at 31 December 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
6,054 |
|
|
6,256 |
|
Current assets |
Debtors |
|
|
69,621 |
|
|
49,858 |
Cash at bank and in hand |
|
|
34,259 |
|
|
36,553 |
|
|
|
103,880 |
|
|
86,411 |
|
Creditors: amounts falling due within one year |
|
|
(103,917) |
|
|
(82,568) |
|
Net current (liabilities)/assets |
|
|
|
(37) |
|
|
3,843 |
|
Net assets |
|
|
|
6,017 |
|
|
10,099 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
14,940 |
|
|
14,940 |
Profit and loss account |
|
|
|
(8,923) |
|
|
(4,841) |
|
Shareholders' funds |
|
|
|
6,017 |
|
|
10,099 |
|
|
|
|
|
|
|
|
The directors are 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 directors acknowledge their 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.
|
|
|
|
D Arnold |
Director |
Approved by the board on 26 September 2016
|
|
Singedge Property Management Company 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 amounts collected from leaseholders to pay for the running and maintenance of the building.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Freehold land and buildings |
2% straight line basis
|
|
Motor vehicles |
25% straight line
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2015 |
10,094 |
|
At 31 December 2015 |
10,094 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2015 |
3,838 |
|
Charge for the year |
202 |
|
At 31 December 2015 |
4,040 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
6,054 |
|
At 31 December 2014 |
6,256 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1,660 each |
|
9 |
|
14,940 |
|
14,940 |
|
|
|
|
|
|
|
|
|