Abbreviated Company Accounts - ORTON ROAD APARTMENTS MANAGEMENT COMPANY LIMITED
Abbreviated Company Accounts - ORTON ROAD APARTMENTS MANAGEMENT COMPANY LIMITED
Registered Number 06373520
ORTON ROAD APARTMENTS MANAGEMENT COMPANY LIMITED
Abbreviated Accounts
30 September 2014
ORTON ROAD APARTMENTS MANAGEMENT COMPANY LIMITED Registered Number 06373520
Abbreviated Balance Sheet as at 30 September 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 3 |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Reserves | |||
Income and expenditure account |
( |
( |
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Members' funds |
( |
( |
For the year ending 30 September 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
ORTON ROAD APARTMENTS MANAGEMENT COMPANY LIMITED Registered Number 06373520
Notes to the Abbreviated Accounts for the period ended 30 September 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Tangible assets depreciation policy
Other accounting policies
The company is a residents property management company. Service charge payments by the property tenants are held in trust for the tenants. As such these funds are not an asset of this company. Furthermore the income and expenditure within those funds are not transactions of this company.
Previous year accounts of Orton Road Apartments Management Company Limited have included both the bank balance asset and the income and expenditure as if they related to the company. These accounts show restated comparative figures so as to exclude those transactions and balances. The net impact of the prior year adjustment is to reduce the general reserve shown in the 30 September 2013 accounts by £9,432.
2Company limited by guarantee
£ | |
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Cost | |
At 1 October 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 September 2014 |
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Depreciation | |
At 1 October 2013 |
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Charge for the year |
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On disposals |
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At 30 September 2014 |
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Net book values | |
At 30 September 2014 | 15,000 |
At 30 September 2013 | 15,000 |