Bentley Brook Conservation Village (No.1 - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04211542 (England and Wales)

BENTLEY BROOK CONSERVATION

VILLAGE (NO.1) LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs M Wragg

Mrs R Oliver

Miss M H Hegarty

P M Turkington

REGISTERED OFFICE:

12 Lumsdale Road

Matlock

Derbyshire

DE4 5NG

REGISTERED NUMBER:

04211542 (England and Wales)

ACCOUNTANTS:

The Rees Partnership

Bentley Bridge House

Chesterfield Road

Matlock

Derbyshire

DE4 5LE

CURRENT ASSETS

Debtors

469

661

Cash at bank and in hand

1,486

1,164

1,955

1,825

CREDITORS

Amounts falling due within one year

(456

)

(456

)

NET CURRENT ASSETS

1,499

1,369

TOTAL ASSETS LESS CURRENT LIABILITIES

1,499

1,369

CAPITAL AND RESERVES

Called up share capital

2

16

16

Profit and loss account

1,483

1,353

SHAREHOLDERS' FUNDS

1,499

1,369

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 1 August 2015 and were signed on its behalf by:

Mrs M Wragg - Director

Mrs R Oliver - Director

Miss M H Hegarty - Director

P M Turkington - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company exists to service and maintain the shared common areas of the properties known as

numbers 1 - 17 Lumsdale Road, Matlock, Derbyshire. The residents of the properties are the only

shareholders of the company.The company's income is derived from annual contributions from the

shareholders designed to cover the company's operating expenses. The company has not

experienced any defaults in the payments due from the residents and has no reasons to expect any

defaults in the future. The directors therefore believe that the going concern basis is appropriate for

the preparation of the company's accounts.

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 represents the annual charges made to the residents to cover the maintenance of the

common areas of the properties known as numbers 1 - 17 Lumsdale Road, Matlock, Derbyshire.

Deferred tax

Full provision is made for deferred taxation resulting from timing differences between the recognition of

gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is

calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when

the timing differences will reverse.

Deferred tax is not recognised when assets are revalued unless, by the balance sheet date, the

company has entered into a binding agreement to sell the assets and recognised the gains and losses

expected to arise on sale. Deferred tax is also not recognised where assets have been sold and it is

expected that the taxable gain will be rolled over into a replacement asset.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

16

Ordinary

£1

16

16

3.	RELATED PARTY DISCLOSURES

The company was formed to manage the common areas of the 16 properties known as 1 - 17

Lumsdale Road, Matlock, Derbyshire. The residents are all members and four of them also act as

directors.

4.	ULTIMATE CONTROLLING PARTY

The directors consider the members as a body to be the ultimate controlling party.