The Polygon Residents Association Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03161249 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 25 MARCH 2015

FOR

THE POLYGON RESIDENTS ASSOCIATION

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Lord G K Noon MBE

Lady M K Noon

A Pepera

Mrs S Gwalani

N Hai

REGISTERED OFFICE:

Flat 2

The Polygon

89 Avenue Road

London

NW8 6JB

REGISTERED NUMBER:

03161249 (England and Wales)

ACCOUNTANTS:

Chapmans

Chartered Accountants

3 Coombe Road

London

NW10 0EB

FIXED ASSETS

Tangible assets

2

48,757

48,757

CREDITORS

Amounts falling due within one year

48,748

48,748

NET CURRENT LIABILITIES

(48,748

)

(48,748

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9

9

CAPITAL AND RESERVES

Called up share capital

3

18

18

Profit and loss account

(9

)

(9

)

SHAREHOLDERS' FUNDS

9

9

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 May 2015 and were signed on its behalf by:

N Hai - 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 current year and previous year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 26 March 2014

and 25 March 2015

48,757

NET BOOK VALUE

At 25 March 2015

48,757

At 25 March 2014

48,757

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

18

Ordinary

1

18

18

4.	SERVICE CHARGE ACCOUNTS

The property is maintained under the terms of the leases and is funded by service charge demands made to

tenants. Separate service charge accounts are prepared annually and it is not considered necessary for these to be

included within these financial statements.