Holmhurst Mews Residential Man Co Ltd - Limited company accounts 11.7

REGISTERED NUMBER: 08576398 (England and Wales)

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE PERIOD 19 JUNE 2013 TO 30 JUNE 2014

FOR

HOLMHURST MEWS RESIDENTIAL MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Report of the Directors

2

Report of the Accountants

4

Income and Expenditure Account

5

Balance Sheet

6

Notes to the Financial Statements

7

DIRECTORS:

Warren Blount

Dorota Abbott

SECRETARY:

Michael Laurie Magar Limited

REGISTERED OFFICE:

Premiere House

Elstree Way

Borehamwood

London

WD6 1JH

REGISTERED NUMBER:

08576398 (England and Wales)

ACCOUNTANTS:

Websters

12 Melcombe Place

Marylebone

London

NW1 6JJ

The directors present their report with the financial statements of the company for the period 19 June 2013 to 30 June 2014.

INCORPORATION

The company was incorporated on 19 June 2013 .

PRINCIPAL ACTIVITY

The company's has been set up to the control, supervision and management, on behalf of the lessees, of the

site known as Holmhurst Mews, Wimbledon, London SW20 0DF. This obligation commenced on 19/03/2013.

Berkeley Homes owns the reversionary freehold interest.

DIRECTORS

Tom Edward Pocock - appointed 19 June 2013

Stephen Philip Gorman - appointed 19 June 2013

Warren Blount and Dorota Abbott were appointed as directors after 30 June 2014 but prior to the date of this
report.

Tom Edward Pocock and Stephen Philip Gorman ceased to be directors after 30 June 2014 but prior to the
date of this report.

PRINCIPAL ACTIVITY

The company has been set up to take responsibility for the control, supervision and management, on behalf

of the lessees, of the site known as Holmhurst Mews, Wimbledon, London SW20 0DF. The company

remained dormant throughout the period ended 30 June 2014 and the above responsibility commenced on 3

October 2014.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in

accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law

the directors have elected to prepare the financial statements in accordance with United Kingdom Generally

Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company

law the directors must not approve the financial statements unless they are satisfied that they give a true and

fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In

preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain

the company's transactions and disclose with reasonable accuracy at any time the financial position of the

company and enable them to ensure that the financial statements comply with the Companies Act 2006. They

are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for

the prevention and detection of fraud and other irregularities.

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:

Warren Blount - Director

23 June 2015

In accordance with the terms of our engagement letter with Michael Laurie Magar Limited who act as agents

to Holmhurst Mews Residential Management Company Limited (the "company"), we set out our chartered

accountants' report to the board of directors on the preparation of the unaudited statutory accounts for the

year ended 30 June 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the accounts of the company for year ended 30 June 2014 from the company's accounting records and the

information and explanations supplied to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we

are subject to its ethical and other professional requirements which are detailed at

icaew.com/membershandbook.

Our work has been undertaken to prepare, for your approval, the accounts of the company and to state those

matters that we have agreed to state to you, as a body, in this report in accordance with AAF 2/10 as detailed

at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to

anyone other than the company and its board of directors as a body for our work or for this report.

It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory

accounts that give a true and fair view of the assets, liabilities, financial position and surplus of the company.

You consider that the company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of the company. For this

reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations that you have given us and we do not, therefore, express any opinion on the statutory accounts.

Websters

12 Melcombe Place

Marylebone

London

NW1 6JJ

23 June 2015

TURNOVER

-

OPERATING SURPLUS and

SURPLUS ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

-

Tax on surplus on ordinary activities

3

-

SURPLUS FOR THE FINANCIAL
PERIOD

-

TOTAL ASSETS LESS CURRENT
LIABILITIES

-

RESERVES

-

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 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 23 June 2015 and were signed on its
behalf by:

Warren Blount - 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 period ended 30 June 2014.

2.	OPERATING SURPLUS

The directors received no remuneration in respect of their services to the company for the year.

3.

TAXATION

In respect of the collection and forwarding of ground rents to the landlord, there is no surplus within the

company and hence no charge to corporation tax.

Service charge funds are held by the company in trust for the tenants and hence any income tax

chargeable at the rate applicable to such trusts is not reflected in these accounts.

4.

RESERVES

Income

and

expenditure

account

£

Surplus for the period

-

At 30 June 2014

-

5.	ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party throughout the period was The Berkeley Group Holdings plc.