| Aman Court Limited |
| (A Company Limited by Guarantee) |
| Registered number: |
01957075 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Current assets |
| Cash at bank and in hand held in trust for the members |
|
|
37,429 |
|
|
29,047 |
|
| Creditors: amounts falling due within one year |
|
|
(4,963) |
|
|
(4,596) |
|
| Net current assets |
|
|
|
32,466 |
|
|
24,451 |
|
| Net assets |
|
|
|
32,466 |
|
|
24,451 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Repair & maintenance reserve |
|
|
|
4,348 |
|
|
4,348 |
| Income and expenditure account |
|
|
|
28,118 |
|
|
20,103 |
|
| Shareholders' funds |
|
|
|
32,466 |
|
|
24,451 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mrs M Sale |
| Director |
| Approved by the board on 29 July 2016 |
|
| Aman Court Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Income represents flatholders contributions, transfer fees and other items receivable in the year. Service charges receivable are not classed as turnover. |
|
|
Depreciation |
|
The freehold site at Aman Court, Totland was transferred to the company on 3 September 1987 subject to the interests of the 24 leases. No valuation has been placed on the freehold.
Fixed assets additions are written off to the profit and loss account in full in the year of purchase. |
|
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
6,866 |
|
At 31 March 2016 |
6,866 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
6,866 |
|
At 31 March 2016 |
6,866 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
- |
|
|
|
|
|
|
|
