Porthmeor Beach Flats Management Ltd - Abbreviated accounts

Registered number

05652918

Porthmeor Beach Flats Management Ltd

Abbreviated Accounts

31 December 2013

Porthmeor Beach Flats Management Ltd
Registered number:		05652918
Abbreviated Balance Sheet
as at 31 December 2013

Notes			2013			2012
£				£
Current assets
Cash at bank and in hand		193			84

Creditors: amounts falling due within one year		(188)			(79)

Net current assets			5			5

Net assets			5			5

Capital and reserves
Called up share capital	2		5			5

Shareholders' funds			5			5

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.
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.



T Catling
Director
Approved by the board on 15 February 2014

Porthmeor Beach Flats Management Ltd
Notes to the Abbreviated Accounts
for the year ended 31 December 2013

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 follows guidance on "Accounting for Service Charges" published by the Royal Institution of Chartered Surveyors, the Institute of Chartered Accountants in England and Wales, and the Association of Residential Managing Agents. The company generally has no income or expenditure in its own right other than ground rents and company administration costs. All transactions that are related to property management in accordance with the lease, are trust transactions, shown in separate trust accounts which do not form part of the accounts of the company. Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property. The Financial Reporting Council is making changes to this guidance which will be adopted when they come into force.


2	Share capital	Nominal		2013		2013		2012
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		200		5		5