1_TO_9_SOMERSET_GARDENS_L - Accounts

1 TO 9 SOMERSET GARDENS LIMITED - Company Information

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Company Registration No. 07129513 (England and Wales)

1 TO 9 SOMERSET GARDENS LIMITED

(COMPANY LIMITED BY GUARANTEE)

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2014

1 TO 9 SOMERSET GARDENS LIMITED

(COMPANY LIMITED BY GUARANTEE)

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

1 TO 9 SOMERSET GARDENS LIMITED

(COMPANY LIMITED BY GUARANTEE)

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2014

- 1 -

2014

2013

Notes

Current assets

Debtors

780

280

Cash at bank and in hand

1,198

1,913

1,978

2,193

Creditors: amounts falling due within one year

(520)

(510)

Total assets less current liabilities

1,458

1,683

Capital and reserves

Profit and loss account

1,458

1,683

Shareholders' funds

1,458

1,683

For the financial year ended 31 August 2014 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 financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 10 March 2015

Dr R A B D S Santos

Director

Company Registration No. 07129513

1 TO 9 SOMERSET GARDENS LIMITED

(COMPANY LIMITED BY GUARANTEE)

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Income represents contributions receivable from each household for the year.

1.4

Company Status and members liability

The Company is a private company limited by guarantee and not having a share capital.

The extent of the liability of the members of the company on a winding up is limited to a maximum of one pound each.