Saxon Park No. 1 Residents Company Limited - Accounts

Registered number

02279559

Saxon Park No. 1 Residents Company Limited

Directors' Report and Unaudited Financial Statements

30 June 2015

Saxon Park No. 1 Residents Company Limited
Report and accounts
Contents




Page

Company information	1
Directors' report	2
Income and expenditure account	3
Balance sheet	4
Notes to the accounts	5

Saxon Park No. 1 Residents Company Limited

Company Information

Directors

E A Curtis

P B Clifton

Secretary

Caxtons Commercial Limited

Registered office

James Pilcher House

49/50 Windmill Street

Gravesend

Kent

DA12 1BG

Registered number

02279559

Saxon Park No. 1 Residents Company Limited
Registered number:		02279559
Directors' Report

The directors present their report and accounts for the year ended 30 June 2015.

Principal activity
The company's principal activity during the year continued to be the management and administration of the following properties collectively known as Saxon Park No.1, located in Greenhithe, Kent on behalf of the occupants:

	1 to 10 Griffin Walk
	21 to 44, 45 to 59 (odds), 59a to 59d, 61 to 91 (odds), 93a to 93d, 95a to 95d Chalice Way
	37 to 40 Cooper Close

As part of the management of the property, service charges are collected from lessees to meet the cost of managing and maintaining the property. Service charges are held in trust for the benefit of the lessees. Accordingly the service charge income and expenditure is excluded from the company's accounts and separate service charge accounts are prepared.


Directors
The following persons served as directors during the year:

	E A Curtis
	P B Clifton


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 4 March 2016 and signed on its behalf.





E A Curtis
Director

Saxon Park No. 1 Residents Company Limited
Income and Expenditure Account
for the year ended 30 June 2015


	2015		2014
£		£


Operating surplus	-		-

Taxation	-		-

Surplus for the financial year	-		-


During the year ended 30 June 2015 the company has no income or expenditure in its own right. All transactions in the year relate to maintenance of the common parts of the property in accordance with the lease. Income and expenditure arising from these transactions is shown in separate service charge accounts for the property that do not form part of the annual accounts of the company and are not filed at Companies House. All service charge monies received from the residents are held on trust for the residents.

Certain items of expenditure were paid on behalf of the company by the service charge fund.

Saxon Park No. 1 Residents Company Limited
Registered number:		02279559
Balance Sheet
as at 30 June 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets			1			1

Current assets
Debtors	2	2,220			2,220


Net current assets			2,220			2,220

Net assets			2,221			2,221

Capital and reserves
Called up share capital	3		370			370
Share premium	4		1,850			1,850
Freehold reserve	5		1			1

Members' funds			2,221			2,221



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.




E A Curtis
Director
Approved by the board and authorised for issue on 4 March 2016

Saxon Park No. 1 Residents Company Limited
Notes to the Accounts
for the year ended 30 June 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).

	Depreciation
	Freehold land and buildings are not depreciated. They are included in the accounts at a nominal value to reflect the ownership of the land by the company.


2	Debtors					2015		2014
£							£

	Amounts owed by Saxon Park No.1 service charge fund					2,220		2,220


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£5 each		74		370		370


4	Share premium					2015		2014
£							£

	At 1 July 2014					1,850		1,850

	At 30 June 2015					1,850		1,850


5	Freehold reserve					2015		2014
£							£

	At 1 July 2014					1		1

	At 30 June 2015					1		1