Abbreviated Company Accounts - FAIRDALE MANAGEMENT COMPANY (TEIGNMOUTH) LIMITED

Abbreviated Company Accounts - FAIRDALE MANAGEMENT COMPANY (TEIGNMOUTH) LIMITED

FAIRDALE MANAGEMENT COMPANY (TEIGNMOUTH) LIMITED - Company Information

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Registered Number 05939144

FAIRDALE MANAGEMENT COMPANY (TEIGNMOUTH) LIMITED

Abbreviated Accounts

31 December 2014

FAIRDALE MANAGEMENT COMPANY (TEIGNMOUTH) LIMITED Registered Number 05939144

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Current assets
Debtors 223 295
Cash at bank and in hand 421 590
644 885
Creditors: amounts falling due within one year (389) (383)
Net current assets (liabilities) 255 502
Total assets less current liabilities 255 502
Total net assets (liabilities) 255 502
Reserves
Income and expenditure account 255 502
Members' funds 255 502
  • For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 September 2015

And signed on their behalf by:
Mr S A Dale, Director

FAIRDALE MANAGEMENT COMPANY (TEIGNMOUTH) LIMITED Registered Number 05939144

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents service charges and ground rents due for the period.

2Company limited by guarantee
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.