Boleyn Management Limited - Dormant company accounts 16.1

Report of the Director and

Unaudited Financial Statements for the Year Ended 30 April 2016

for

Boleyn Management Limited

Page

Company Information

1

Report of the Director

2

Balance Sheet and Income Statement

3

Notes to the Financial Statements

4

Chartered Accountants' Report

5

DIRECTOR:

S D Critchell

SECRETARIES:

Crabtree PM Limited

D J Dawson

REGISTERED OFFICE:

c/o Crabtree Property Management

298 Marlborough House

Regent's Park Road

Finchley Central

London

N3 2UU

REGISTERED NUMBER:

07924334 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

The director presents his report with the financial statements of the company for the year ended 30 April 2016.

DIRECTORS

The directors who have held office during the period from 1 May 2015 to the date of this report are as follows:

W P J Callinan - resigned 23 July 2015

I A Mortimer - resigned 18 August 2015

S D Critchell - appointed 18 August 2015

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the management of 6 Apartments and other

properties at Kingsway, Quedgeley, Gloucestershire GL2 2GY. As part of the management of that property, service

charges are collected from lessees to meet the costs of managing and maintaining the property. Service charges are held

in trust for the benefit of the lessees. Accordingly the service charge income and expenditure is excluded from the

company's accounts and separate service charge accounts are prepared.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Report of the Director and the financial statements in accordance with

applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director

has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting

Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not

approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the

company and of the surplus or deficit of the company for that period. In preparing these financial statements, the

director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the

company's transactions and disclose with reasonable accuracy at any time the financial position of the company and

enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for

safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud

and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

Crabtree PM Limited - Secretary

27 June 2016

TOTAL ASSETS LESS CURRENT
LIABILITIES

-

RESERVES

-

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 June 2016 and were signed by:

S D Critchell - Director

Income Statement

for the Year Ended 30 April 2016

During the financial year and the preceding financial year the company has not traded and has received no income and incurred no expenditure. Consequently, during those periods the company has made neither a surplus nor a deficit.

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

The company acts as trustee of a statutory trust imposed on the service charge monies collected for maintenance

of the building, by virtue of s.42 Landlord and Tenant Act 1987. Interest is not liable to corporation tax, but is

subject to income tax at 20%.

2.	ULTIMATE CONTROLLING PARTY

The company has no ultimate controlling party.

3.	SHARE CAPITAL

This company is limited by guarantee, with no share capital.

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

financial statements of Boleyn Management Limited for the year ended 30 April 2016 which comprise the Income

statement, 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 director of Boleyn Management Limited in accordance with the terms of our engagement letter dated 15 December 2014. Our work has been undertaken solely to prepare for your approval the financial statements of Boleyn Management Limited and state those matters that we have agreed to state to the director of Boleyn Management Limited 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 director for our work or for this report.

It is your duty to ensure that Boleyn Management 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 profit of Boleyn Management Limited. You consider that Boleyn Management 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 Boleyn Management 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.