The Galleries (Chelsea) Res. Assoc. Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03372583

ABBREVIATED ACCOUNTS

FOR THE PERIOD 1 JUNE 2013 TO 30 MAY 2014

FOR

THE GALLERIES (CHELSEA) RES. ASSOC. LTD

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

TOTAL ASSETS LESS CURRENT LIABILITIES

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RESERVES

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The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 May 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 May 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 February 2015 and were signed on its behalf by:

Miss J E Stratton - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

The company was dormant throughout the current period and previous year.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.