RIDLANDS GROVE MANAGEMENT LIMITED - Abbreviated accounts

RIDLANDS GROVE MANAGEMENT LIMITED - Company Information

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Registered number:

06848297

Year end:

30 June 2014

RIDLANDS GROVE MANAGEMENT LIMITED

(A PRIVATE COMPANY LIMITED BY GUARANTEE)

ABBREVIATED ACCOUNTS

FOR THE YEAR

ENDED 30 JUNE 2014

Company Number: 06848297 (England and Wales)

RIDLANDS GROVE MANAGEMENT LIMITED
Company Number 06848297
Abbreviated Balance Sheet
as at 30 June 2014

	Note		2014		2013
			£		£
FIXED ASSETS
Tangible assets	2		45,262		47,020

CURRENT ASSETS
Debtors	3	100		-
Cash at bank and in hand		2,082		33,771
		2,182		33,771

CREDITORS: amounts falling due within one year	4	(13,436)		(43,362)

NET CURRENT LIABILITIES			(11,254)		(9,591)

TOTAL ASSETS LESS CURRENT LIABILITIES			34,008		37,429

CREDITORS: amounts falling due after more than one year			(10,740)		(20,016)


NET ASSETS			£23,268		£17,413

RESERVES
Maintenance Reserve			23,268		17,413
Income and Expenditure Account			-		-


MEMBERS' RESERVES			£23,268		£17,413

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.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with sections 386 and 387 of the Companies Act 2006 and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the year and of its surplus or deficit for the financial year in accordance with the requirements of section 396 and which otherwise comply with the requirements of the Companies Act 2006 relating to the accounts so far as applicable to the company.
The abbreviated accounts 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.


........................................
C P Thomas
Director		Approved by the board on 12 March 2015

RIDLANDS GROVE MANAGEMENT LIMITED
Company Number 06848297
Notes to the Abbreviated Accounts
for the year ended 30 June 2014

1	ACCOUNTING POLICIES

	1.1 Basis of preparation
	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). An income and expenditure account has been adopted by the company as this is considered appropriate to the company's circumstances.

	1.2 Turnover
	Turnover represents contributions receivable from members to provide funds to meet expenditure in the management of the freehold property known as Ridlands Grove, Oxted, Surrey RH8 0ST.

	1.3 Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

	Improvements to Freehold Property	4% p.a. on a straight line basis


	1.4 Guarantee Capital
	The company is limited by guarantee and has no share capital. Under the terms of the company's Memorandum and Articles of Association members each undertake to contribute a maximum of £5 against any deficiency in a winding up of the company.


2	TANGIBLE FIXED ASSETS
				Freehold Property
				£
	COST
	At 1 July 2013			48,778
	Additions			-
	At 30 June 2014			£48,778

	DEPRECIATION
	At 1 July 2013			1,758
	Charge for the year			1,758
	At 30 June 2014			£3,516

	NET BOOK VALUE
	At 30 June 2014			£45,262
	At 30 June 2013			£47,020


3	DEBTORS		2014	2013
			£	£

	Debtors expected to be recoverable after one year:		£ -	£ -


4	CREDITORS: amounts falling due within one year

	All creditors are unsecured.