Bankside Court Management Company (Darli - Limited company accounts 11.4
Bankside Court Management Company (Darli - Limited company accounts 11.4
REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2013 |
FOR |
BANKSIDE COURT MANAGEMENT COMPANY |
(DARLINGTON) LIMITED |
BANKSIDE COURT MANAGEMENT COMPANY |
(DARLINGTON) LIMITED (REGISTERED NUMBER: 06243098) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31st December 2013 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Income and Expenditure Account | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
BANKSIDE COURT MANAGEMENT COMPANY |
(DARLINGTON) LIMITED |
COMPANY INFORMATION |
for the Year Ended 31st December 2013 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
BANKSIDE COURT MANAGEMENT COMPANY |
(DARLINGTON) LIMITED (REGISTERED NUMBER: 06243098) |
REPORT OF THE DIRECTORS |
for the Year Ended 31st December 2013 |
The directors present their report with the financial statements of the company for the year ended 31st December 2013. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1st January 2013 to the date of this |
report. |
Other changes in directors holding office are as follows: |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating |
to small companies. |
ON BEHALF OF THE BOARD: |
BANKSIDE COURT MANAGEMENT COMPANY |
(DARLINGTON) LIMITED (REGISTERED NUMBER: 06243098) |
INCOME AND EXPENDITURE ACCOUNT |
for the Year Ended 31st December 2013 |
31/12/13 | 31/12/12 |
Notes | £ | £ |
INCOME |
Service Charge Expenditure |
OPERATING (DEFICIT)/SURPLUS | 2 | ( |
) |
Interest receivable and similar income |
(DEFICIT)/SURPLUS ON ORDINARY ACTIVITIES BEFORE TAXATION |
( |
) |
Tax on (deficit)/surplus on ordinary activities |
3 |
(DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR |
( |
) |
BANKSIDE COURT MANAGEMENT COMPANY |
(DARLINGTON) LIMITED (REGISTERED NUMBER: 06243098) |
BALANCE SHEET |
31st December 2013 |
31/12/13 | 31/12/12 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
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 surplus or deficit 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 financial statements were approved by the Board of Directors on by: |
BANKSIDE COURT MANAGEMENT COMPANY |
(DARLINGTON) LIMITED (REGISTERED NUMBER: 06243098) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31st December 2013 |
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). |
Income |
During the year, the company received monies, as agents, from lessees in respect of service charges and related |
income, which are held on trust and do not comprise turnover. |
Presentation of the profit and loss account |
The presentation of the Profit and Loss Account on page 3 has been modified from the prescribed format for |
Company accounts in order to provide more information to lessees and other parties who may be interested in the |
expenditure incurred in the management of the property. |
2. | OPERATING (DEFICIT)/SURPLUS |
The operating deficit (2012 - operating surplus) is stated after charging: |
31/12/13 | 31/12/12 |
£ | £ |
Directors' remuneration and other benefits etc |
3. | TAXATION |
Analysis of the tax charge |
No liability to UK corporation tax arose on ordinary activities for the year ended 31st December 2013 nor for the |
year ended 31st December 2012. |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/13 | 31/12/12 |
£ | £ |
Trade debtors | 2,004 | 670 |
Other debtors | 3,687 | 4,877 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/13 | 31/12/12 |
£ | £ |
Trade creditors |
Other creditors |
BANKSIDE COURT MANAGEMENT COMPANY |
(DARLINGTON) LIMITED (REGISTERED NUMBER: 06243098) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31st December 2013 |
6. | RESERVES |
Income |
and |
expenditure |
account |
£ |
Deficit for the year | ( |
) |
Deficit for the year transferred to Service Charge Account |
467 |
At 31st December 2013 |
7. | CONTINGENT LIABILITIES |
The company had no contingent liabilities at 31st December 2013 (31st December 2012 - none). |
8. | CAPITAL COMMITMENTS |
31/12/13 | 31/12/12 |
£ | £ |
Contracted but not provided for in the |
financial statements | - | - |
9. | RELATED PARTY DISCLOSURES |
The company is a mutual trading company and as such received income in the form of service charge from |
residents, some of who are directors of the company. Service charges payable by the directors are on the same |
basis as for all of the other residents. |
No other transactions with related parties were undertaken such as required to be disclosed under the Financial |
Reporting Standard for Smaller Entities. |
10. | LIMIT OF MEMBERS LIABILITY |
The liability of the members of the company is limited by guarantee to £1 each. |