Southernhay Mansions Management Limited - Limited company - abbreviated - 11.6

SOUTHERNHAY MANSIONS MANAGEMENT LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D C Hooper

Mrs T L Keddy

SECRETARY:

T P E Garner FRICS

REGISTERED OFFICE:

C/o Saturley Garner & Co Ltd

3 Boulevard

Weston-super-Mare

Somerset

BS23 1NN

REGISTERED NUMBER:

02356249 (England and Wales)

ACCOUNTANTS:

four fifty partnership

Chartered Accountants

34 Boulevard

Weston-super-Mare

Somerset

BS23 1NF

FIXED ASSETS

Tangible assets

2

1,159

1,159

CURRENT ASSETS

Debtors

6

6

CREDITORS

Amounts falling due within one year

1,159

1,159

NET CURRENT LIABILITIES

(1,153

)

(1,153

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6

6

CAPITAL AND RESERVES

Called up share capital

3

6

6

SHAREHOLDERS' FUNDS

6

6

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 17 September 2015 and were signed on its behalf by:

D C Hooper - 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.

Freehold property - not provided

Freehold property is not depreciated on the basis that the company continues to maintain the

property in a high standard of repair such that there is no fall in value annually.

Contractual commitments

The company contracts with third parties in its own name for the supply of services to the property

for maintenance of the common parts in accordance with the terms of the lease. At 31 December

2014 the company had not entered into any non-cancellable contractual commitments. (2013:

Non-cancellable contractual commitments to the sum of £Nil).

Residential property management trust

The company has only a small amount of income and expenditure in its own right. The majority of

the transactions in the year relate to the maintenance of the common parts of the property in

accordance with the lease. Income and expenditure arising from these transactions are shown in

separate service charge accounts for the property, they do not form part of annual accounts of the

company and are not filed at Companies House. All service charges monies received from the

residents of the property are held on trust for the residents. As at the balance sheet date, the

monies held in trust for future maintenance of the aforementioned property amount to £4,863

(2013: £2,370).

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

1,159

NET BOOK VALUE

At 31 December 2014

1,159

At 31 December 2013

1,159

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

6

Ordinary

£1

6

6