Abbreviated Company Accounts - LABURNUM COURT RESIDENTS ASSOCIATION (STANMORE) LIMITED

Abbreviated Company Accounts - LABURNUM COURT RESIDENTS ASSOCIATION (STANMORE) LIMITED

LABURNUM COURT RESIDENTS ASSOCIATION (STANMORE) LIMITED - Company Information

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Registered Number 02513183

LABURNUM COURT RESIDENTS ASSOCIATION (STANMORE) LIMITED

Abbreviated Accounts

29 September 2015

LABURNUM COURT RESIDENTS ASSOCIATION (STANMORE) LIMITED Registered Number 02513183

Abbreviated Balance Sheet as at 29 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 3 16,616 16,616
16,616 16,616
Current assets
Debtors 29,723 10,483
Cash at bank and in hand 14,878 37,404
44,601 47,887
Creditors: amounts falling due within one year (28,075) (28,093)
Net current assets (liabilities) 16,526 19,794
Total assets less current liabilities 33,142 36,410
Total net assets (liabilities) 33,142 36,410
Reserves
Other reserves 16,700 16,700
Income and expenditure account 16,442 19,710
Members' funds 33,142 36,410
  • For the year ending 29 September 2015 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 30 May 2016

And signed on their behalf by:
Mrs S Kesselson, Director

LABURNUM COURT RESIDENTS ASSOCIATION (STANMORE) LIMITED Registered Number 02513183

Notes to the Abbreviated Accounts for the period ended 29 September 2015

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 January 2015).

Turnover policy
The turnover in the profit and loss account represents Service Charges received in respect of each unit.

Tangible assets depreciation policy
This represents reversionary interest in freehold land which will revert back to the company. The existing tenants have leases with an unexpired term in excess of 75 years. Accordingly no depreciation is charged.

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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

3Tangible fixed assets
£
Cost
At 30 September 2014 16,616
Additions -
Disposals -
Revaluations -
Transfers -
At 29 September 2015 16,616
Depreciation
At 30 September 2014 -
Charge for the year -
On disposals -
At 29 September 2015 -
Net book values
At 29 September 2015 16,616
At 29 September 2014 16,616