Park Court (Sydenham) Ltd - Period Ending 2015-12-31

Registration number: 03648395

Park Court (Sydenham) Ltd

Annual Report and Unaudited Accounts

for the Year Ended 31 December 2015
 

A J Wheeler Limited
Chartered Certified Accountants
Unit 5 Links House
Dundas Lane
Portsmouth
Hampshire
PO3 5BL

Park Court (Sydenham) Ltd
(Registration number: 03648395)
Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets		2			14,318			14,318
Current assets
Debtors		3			19,152			19,152
Cash at bank and in hand					4			4
					19,156			19,156
Creditors: Amounts falling due within one year		4			(6,485)			(6,485)
Net current assets					12,671			12,671
Net assets					26,989			26,989
Capital and reserves
Called up share capital		5			69			69
Profit and loss account					26,920			26,920
Shareholders' funds					26,989			26,989

For the year ending 31 December 2015 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

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.

Approved and authorised for issue by the Board on 12 January 2016 and signed on its behalf by:

.........................................
Mr Richard Ian Wright
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Park Court (Sydenham) Ltd
Notes to the financial statements for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Trading status

The company was dormant and has not traded during the year.

Depreciation

Freehold Property is not depreciated

Asset class	Depreciation method and rate
Freehold Property	not depreciated

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Tangible fixed assets

		Freehold land and buildings £			Total £
Cost or valuation
At 1 January 2015		14,318			14,318
Net book value
At 31 December 2015		14,318			14,318
At 31 December 2014		14,318			14,318

3

Debtors

		2015 £			2014 £
Other debtors		19,152			19,152

Page 2

Park Court (Sydenham) Ltd
Notes to the financial statements for the Year Ended 31 December 2015
......... continued

4	Creditors: Amounts falling due within one year

		2015 £			2014 £
Corporation tax		3,167			3,167
Other creditors		3,318			3,318
		6,485			6,485

5	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary share capital of £1 each		69			69			69			69

Page 3