7 Osborne Road (Bristol) Management Limi - Limited company accounts 11.7

REGISTERED NUMBER: 01395883 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

7 OSBORNE ROAD (BRISTOL)

MANAGEMENT LIMITED

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

D S Banks

Mrs J M Killingbeck

REGISTERED OFFICE:

7 Osborne Road

Clifton

Bristol

BS8 2HA

REGISTERED NUMBER:

01395883 (England and Wales)

ACCOUNTANTS:

Bryan Stone & Company

91-93 Alma Road

Clifton

Bristol

BS8 2DP

The directors present their report with the financial statements of the company for the year ended 31 March 2015.

DIRECTORS

D S Banks has held office during the whole of the period from 1 April 2014 to the date of this report.

Other changes in directors holding office are as follows:

G S Smith - resigned 5 March 2015

Mrs J M Killingbeck was appointed as a director after 31 March 2015 but prior to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006

relating to small companies.

ON BEHALF OF THE BOARD:

D S Banks - Director

29 May 2015

TURNOVER

3,852

3,600

Administrative expenses

1,717

3,376

OPERATING PROFIT

2

2,135

224

Interest receivable and similar income

1

1

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

2,136

225

Tax on profit on ordinary activities

3

-

-

PROFIT FOR THE FINANCIAL YEAR

2,136

225

CURRENT ASSETS

Cash at bank and in hand

13,740

11,645

CREDITORS

Amounts falling due within one year

4

216

257

NET CURRENT ASSETS

13,524

11,388

TOTAL ASSETS LESS CURRENT LIABILITIES

13,524

11,388

CAPITAL AND RESERVES

Called up share capital

5

4

4

Profit and loss account

6

13,520

11,384

SHAREHOLDERS' FUNDS

13,524

11,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 profit or loss 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 financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 29 May 2015 and were signed on its behalf by:

Mrs J M Killingbeck - 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).

TURNOVER

Turnover consists of management contributions received.

2.	OPERATING PROFIT

The operating profit is stated after charging:

31/3/15

31/3/14

£

£

Directors' remuneration and other benefits etc

-

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 March 2015 nor for

the year ended 31 March 2014.

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/15

31/3/14

£

£

Accrued expenses

216

257

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/15

31/3/14

value:

£

£

4

Ordinary

£1

4

4

6.

RESERVES

Profit

and loss

account

£

At 1 April 2014

11,384

Profit for the year

2,136

At 31 March 2015

13,520