Llys Yr Efail Residents Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04557649 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 23 September 2015

for

Llys Yr Efail Residents Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

E Joynson

Mrs E Vedovotto

Ms J Mathieson

J A Strange

G Glazier

SECRETARY:

S O'Donnell

REGISTERED OFFICE:

30 Llys Yr Efail

Wrexham Street

Mold

Clwyd

CH7 1GA

REGISTERED NUMBER:

04557649 (England and Wales)

ACCOUNTANTS:

Hill & Roberts

Chartered Accountants

50 High Street

Mold

Flintshire

CH7 1BH

FIXED ASSETS

Tangible assets

2

23,438

23,438

CURRENT ASSETS

Debtors

2,375

1,625

Cash at bank

1,179

1,739

3,554

3,364

CREDITORS

Amounts falling due within one year

360

325

NET CURRENT ASSETS

3,194

3,039

TOTAL ASSETS LESS CURRENT LIABILITIES

26,632

26,477

RESERVES

Other reserves

23,438

23,438

Income and expenditure account

3,194

3,039

26,632

26,477

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 23 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 23 September 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 25 May 2016 and were signed on its behalf by:

Mrs E Vedovotto - 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 April 2008).

Turnover

Ground rent is recognised when, and to the extent that, the company obtains the right to consideration. The point

of recognition is after the service has been performed in accordance with contractual terms.

Tangible fixed assets

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

Freehold property

-

None provided

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 24 September 2014

and 23 September 2015

23,438

NET BOOK VALUE

At 23 September 2015

23,438

At 23 September 2014

23,438

3.

GUARANTEE

The company is limited by guarantee and does not have share capital.

Every member of the company undertakes to contribute such amount as may be required (not exceeding £1) to

the company assets if it should be wound up while he is a member or within one year after he ceases to be a

member, for payment of the company's debts and liabilities contracted before he ceases to be a member, and of

the costs, charges and expenses of winding up, and for the adjustments of the rights of the contributories amongst

themselves.

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 three)

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 Llys Yr Efail Residents Ltd for the year ended 23 September 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 Llys Yr Efail Residents Ltd, as a body, in accordance with the

terms of our engagement letter dated 30 April 2012. Our work has been undertaken solely to prepare for your approval

the financial statements of Llys Yr Efail Residents Ltd and state those matters that we have agreed to state to the Board

of Directors of Llys Yr Efail Residents Ltd, 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 Llys Yr Efail Residents Ltd 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 profit of Llys Yr Efail

Residents Ltd. You consider that Llys Yr Efail Residents Ltd 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 Llys Yr Efail Residents Ltd.

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.

Hill & Roberts

Chartered Accountants

50 High Street

Mold

Flintshire

CH7 1BH

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