Abbreviated Company Accounts - ORCHARD GARDENS MANAGEMENT COMPANY STURMINSTER NEWTON LIMITED

Abbreviated Company Accounts - ORCHARD GARDENS MANAGEMENT COMPANY STURMINSTER NEWTON LIMITED

ORCHARD GARDENS MANAGEMENT COMPANY STURMINSTER NEWTON LIMITED - Company Information

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Registered Number 06466348

ORCHARD GARDENS MANAGEMENT COMPANY STURMINSTER NEWTON LIMITED

Abbreviated Accounts

31 January 2016

ORCHARD GARDENS MANAGEMENT COMPANY STURMINSTER NEWTON LIMITED Registered Number 06466348

Abbreviated Balance Sheet as at 31 January 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets - -
Tangible assets - -
Investments - -
- -
Current assets
Stocks - -
Debtors - -
Investments - -
Cash at bank and in hand 1,019 873
1,019 873
Prepayments and accrued income - -
Creditors: amounts falling due within one year 0 0
Net current assets (liabilities) 1,019 873
Total assets less current liabilities 1,019 873
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 1,019 873
Reserves
Revaluation reserve 0 0
Other reserves 0 0
Income and expenditure account 1,019 873
Members' funds 1,019 873
  • For the year ending 31 January 2016 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 24 February 2016

And signed on their behalf by:
Anthony Dee, Director
Peter Bradley, Director

ORCHARD GARDENS MANAGEMENT COMPANY STURMINSTER NEWTON LIMITED Registered Number 06466348

Notes to the Abbreviated Accounts for the period ended 31 January 2016

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
The company is a small property management company of seven residential properties. The company is established to provide funding for the maintenance and upkeep of the common areas of the residential estate. Income is derived from each member's maintenance subscription of £170 per annum. The outgoings are for estate liability insurance, electric lighting costs, foul water treatment and gardening services.

Tangible assets depreciation policy
Not applicable

Intangible assets amortisation policy
Not applicable

Valuation information and policy
Not applicable

Other accounting policies
The company is a small property management company of seven residential properties. The company is established to provide funding for the maintenance and upkeep of the common areas of the residential estate. Income is derived from each member's maintenance subscription of £170 per annum. The outgoings are for estate liability insurance, electric lighting costs, foul water treatment and gardening services. No financial provision (eg: 'rainy day' fund) is made for future contingency or emergency repairs.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.