| 56 Cranfield Road Brockley Management Limited |
| Registered number: |
02485836 |
| Directors' Report |
|
| The directors present their report and accounts for the year ended 31 March 2015. |
|
| Principal activities |
| The company's principal activity during the year continued to be the management of residential flats. |
|
| Directors |
| The following persons served as directors during the year: |
|
|
D P J Francis |
|
D T French |
|
S R Smith |
|
| Political and charitable donations |
| During the year, the company no political contributions and no charitable donations. |
|
| Directors' responsibilities |
| The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. |
|
| Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: |
| ● |
select suitable accounting policies and then apply them consistently; |
| ● |
make judgements and estimates that are reasonable and prudent; |
| ● |
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
|
| The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
|
| Small company provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
| This report was approved by the board on 17 December 2015 and signed on its behalf. |
|
|
|
|
|
| D P J Francis |
| Director |
|
| 56 Cranfield Road Brockley Management Limited |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of 56 Cranfield Road Brockley Management Limited for the year ended 31 March 2015 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 56 Cranfield Road Brockley Management Limited for the year ended 31 March 2015 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook. |
| Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation. |
|
| Turner Burke Limited |
| Chartered Accountants |
| Suite 4, 3rd Floor, Roxby House |
| 20-22 Station Road |
| Sidcup |
| Kent |
| DA15 7EJ |
|
| 17 December 2015 |
|
| 56 Cranfield Road Brockley Management Limited |
| Balance Sheet |
| as at 31 March 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
3,507 |
|
|
3,507 |
|
| Current assets |
| Debtors |
3 |
|
461 |
|
|
295 |
| Cash at bank and in hand |
|
|
52 |
|
|
168 |
|
|
|
513 |
|
|
463 |
|
| Creditors: amounts falling due within one year |
4 |
|
(436) |
|
|
(467) |
|
| Net current assets/(liabilities) |
|
|
|
77 |
|
|
(4) |
|
| Net assets |
|
|
|
3,584 |
|
|
3,503 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
5 |
|
|
1,800 |
|
|
1,800 |
| Profit and loss account |
6 |
|
|
1,784 |
|
|
1,703 |
|
| Shareholders' funds |
|
|
|
3,584 |
|
|
3,503 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| D P J Francis |
| Director |
| Approved by the board on 17 December 2015 |
|
| 56 Cranfield Road Brockley Management Limited |
| Notes to the 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 January 2015). |
|
|
Turnover |
|
Turnover represents service charge, ground rent and insurance contributions due from resident lessess. |
|
|
Depreciation |
|
Depreciation has not been provided on the value of the freehold as the directors believe that such a provision is not necessary. |
|
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 April 2014 |
3,507 |
|
At 31 March 2015 |
3,507 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2015 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
3,507 |
|
At 31 March 2014 |
3,507 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2015 |
|
2014 |
| £ |
£ |
|
Historical cost |
3,507 |
|
3,507 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2015 |
|
2014 |
| £ |
£ |
|
|
Other debtors |
461 |
|
295 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2015 |
|
2014 |
| £ |
£ |
|
|
Other creditors |
436 |
|
467 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,800 |
|
1,800 |
|
1,800 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Profit and loss account |
2015 |
|
2014 |
| £ |
£ |
|
|
At 1 April 2014 |
1,703 |
|
1,608 |
|
Profit for the year |
81 |
|
95 |
|
|
At 31 March 2015 |
1,784 |
|
1,703 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Related party transactions |
2015 |
|
2014 |
| £ |
£ |
|
D P J Francis, D T French and S R Smith |
|
Director/shareholders |
|
There are no transactions that require disclosure |
|
|
| 8 |
Ultimate controlling party |
|
|
The company is not controlled by any one of the director/shareholders as they each hold an equal share. |
