Woodbarn Residents Association Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 01808937

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

THE WOODBARN RESIDENTS ASSOCIATION

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

5

DIRECTORS:

M J O'Leary

Mrs J O'Leary

SECRETARY:

Mrs J O'Leary

REGISTERED OFFICE:

Grayswood

Pine Ridge Drive

Farnham

Surrey

GU10 3JW

REGISTERED NUMBER:

01808937

ACCOUNTANTS:

Sowerbutts and Co Ltd

Fiscal House

367 London Road

Camberley

Surrey

GU15 3HQ

FIXED ASSETS

Tangible assets

2

19

25

CURRENT ASSETS

Debtors

505

488

Cash at bank

5,634

8,347

6,139

8,835

CREDITORS

Amounts falling due within one year

361

355

NET CURRENT ASSETS

5,778

8,480

TOTAL ASSETS LESS CURRENT LIABILITIES

5,797

8,505

RESERVES

Income and expenditure account

5,797

8,505

5,797

8,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

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 surplus or deficit 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19 May 2016 and were signed on its behalf by:

M J O'Leary - Director

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 January 2015).

Turnover

This represents amounts contributed by the members of the Company to cover the costs incurred in

running and maintaining the property "The Woodbarn", Alfred Road, Farnham, Surrey.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

1,662

DEPRECIATION

At 1 January 2015

1,637

Charge for year

6

At 31 December 2015

1,643

NET BOOK VALUE

At 31 December 2015

19

At 31 December 2014

25

3.

CAPITAL

The Company is limited by guarantee, not having a share capital.

The liability of the members is limited. Every Member of the Company undertakes to contribute to the

assets of the Company in the event of its being wound up while he is a Member or within one year

afterwards for payment of the debts and liabilities of the Company contracted before he ceases to be a

Member and the costs, charges and expenses of winding up and for the adjustment of the rights of

contributors among themselves such amount as may be required not exceeding £1.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of THE WOODBARN RESIDENTS ASSOCIATION LIMITED for the

year ended 31 December 2015 which comprise the Income and Expenditure Account, the Balance Sheet and

the related notes from the company's accounting records and from information and explanations you have

given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of THE WOODBARN RESIDENTS ASSOCIATION LIMITED, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of THE WOODBARN RESIDENTS ASSOCIATION LIMITED and state those matters that we have agreed to state to the Board of Directors of THE WOODBARN RESIDENTS ASSOCIATION LIMITED, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that THE WOODBARN RESIDENTS ASSOCIATION LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of THE WOODBARN RESIDENTS ASSOCIATION LIMITED. You consider that THE WOODBARN RESIDENTS ASSOCIATION LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of THE WOODBARN RESIDENTS ASSOCIATION LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sowerbutts and Co Ltd

Fiscal House

367 London Road

Camberley

Surrey

GU15 3HQ

Date: .............................................