| Ninefold Management Company (Budleigh Salterton) Limited |
| Registered number: |
01446361 |
| Abbreviated Balance Sheet |
| as at 31 March 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
712 |
|
|
712 |
|
| Current assets |
| Debtors |
|
|
1,386 |
|
|
941 |
| Cash at bank and in hand |
|
|
12,487 |
|
|
10,389 |
|
|
|
13,873 |
|
|
11,330 |
|
| Creditors: amounts falling due within one year |
|
|
(488) |
|
|
(475) |
|
| Net current assets |
|
|
|
13,385 |
|
|
10,855 |
|
| Net assets |
|
|
|
14,097 |
|
|
11,567 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
198 |
|
|
198 |
| Capital redemption reserve |
|
|
|
712 |
|
|
712 |
| Income and expenditure account |
|
|
|
13,187 |
|
|
10,657 |
|
| Shareholders' funds |
|
|
|
14,097 |
|
|
11,567 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
| Approved by the board on 28 September 2015 |
|
|
| …………………………………….. |
| J W Rogers |
| Director |
|
| Ninefold Management Company (Budleigh Salterton) Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
The company's income represents the contributions received from leaseholders during the year. |
|
|
Depreciation |
|
No depreciation is provided on the freehold interest. In the opinion of the directors this freehold interest will maintain its value when compared with the initial cost. As a consequence any element of depreciation would, in the opinion of the directors, be immaterial and no provision has been made. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
712 |
|
At 31 March 2015 |
712 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2015 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
712 |
|
At 31 March 2014 |
712 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
198 |
|
198 |
|
198 |
|
|
|
|
|
|
|
|
|
