PROPERTY_MANAGEMENT_(COUR - Accounts

PROPERTY MANAGEMENT (COURTLANDS) LIMITED - Company Information

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Company Registration No. 01192956 (England and Wales)

PROPERTY MANAGEMENT (COURTLANDS) LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

PROPERTY MANAGEMENT (COURTLANDS) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

PROPERTY MANAGEMENT (COURTLANDS) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2015

- 1 -

2015

2014

Notes

Current assets

Debtors

6,487

7,727

Cash at bank and in hand

30,257

27,524

36,744

35,251

Creditors: amounts falling due within one year

(16,755)

(20,066)

Total assets less current liabilities

19,989

15,185

Provisions for liabilities

(19,987)

(15,183)

Capital and reserves

Called up share capital

Shareholders' funds

For the financial year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 September 2015

D Espinoza

Director

Company Registration No. 01192956

PROPERTY MANAGEMENT (COURTLANDS) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company does not make a profit nor loss. The income and expenditure recorded relates to service charges collected and the subsequent maintenance expenses incurred for the common parts in accordance with the lease. The service charge funds are held on trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of section 42 of the Landlord and Tenant Act 1987.

Any surplus/deficit during the financial year is transferred to an account for future maintenance provision.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary of £1 each