Abbreviated Company Accounts - BADMINTON MANAGEMENT LIMITED

BADMINTON MANAGEMENT LIMITED - Company Information

Registered Number 01596152

BADMINTON MANAGEMENT LIMITED

Abbreviated Accounts

31 March 2014

BADMINTON MANAGEMENT LIMITED Registered Number 01596152

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	1	1
		1	1
Current assets
Debtors		3,042	362
Cash at bank and in hand		41,097	61,244
		44,139	61,606
Creditors: amounts falling due within one year		(7,133)	(1,880)
Net current assets (liabilities)		37,006	59,726
Total assets less current liabilities		37,007	59,727
Total net assets (liabilities)		37,007	59,727
Capital and reserves
Called up share capital		15	15
Other reserves		40,379	58,945
Profit and loss account		(3,387)	767
Shareholders' funds		37,007	59,727

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 July 2014

And signed on their behalf by:
M Turness, Director
A Hadi, Director

BADMINTON MANAGEMENT LIMITED Registered Number 01596152

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Maintenance fees and other amounts receivable represents maintenance fees receivable from the
lessees plus income derived from the letting of parking bays to third parties.

2Tangible fixed assets

	£
Cost
At 1 April 2013	1
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	1
Depreciation
At 1 April 2013	-
Charge for the year	-
On disposals	-
At 31 March 2014	-
Net book values
At 31 March 2014	1
At 31 March 2013	1

The freehold land and buildings at Badminton Court, Galsworthy Road, Kingston Upon Thames were acquired at a nominal value of £1. The property is subject to fifteen leases of nine hundred and ninety nine years each.