Salmon Leap Mgmt Co Ltd - Limited company - abbreviated - 11.0.0
Salmon Leap Mgmt Co Ltd - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2013 |
| FOR |
| SALMON LEAP MANAGEMENT COMPANY LTD |
| SALMON LEAP MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 04118140) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 December 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| SALMON LEAP MANAGEMENT COMPANY LTD |
| COMPANY INFORMATION |
| for the Year Ended 31 December 2013 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| SOLICITORS: |
| SALMON LEAP MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 04118140) |
| ABBREVIATED BALANCE SHEET |
| 31 December 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| General reserve |
| Freehold acquisition reserve |
| Property maintenance reserve |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| SALMON LEAP MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 04118140) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 December 2013 |
| The financial statements were approved by the Board of Directors on were signed on its behalf by: |
| SALMON LEAP MANAGEMENT COMPANY LTD (REGISTERED NUMBER: 04118140) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 December 2013 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in |
| accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Exemption from preparing a cash flow statement |
| Exemption has been taken from preparing a cash flow statement on the grounds that the |
| company qualifies as a small company. |
| Turnover |
| Turnover comprises general service charges levied on residents and additional levies on |
| residents for specific work on individual properties. |
| Tangible fixed assets |
| The head lease over the property is shown at historical nominal cost. |
| Depreciation is not provided on the nominal cost of the head lease. |
| The acquisition price of the freehold together with professional fees associated with the |
| acquisition are shown at cost. Depreciation is not provided on the freehold. |
| Members contributions towards freehold acquisition and extension of leases |
| Contributions receivable are treated as non-distributable reserves. |
| Where individual freehold titles are transferred to lease holders under the head lease a |
| proportion of the reserves is released. |
| Taxation |
| Corporation tax is accounted for at prevailing rates on investment income received. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| and 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary | £1 |