Abbreviated Company Accounts - SANDGATE COURT (PENRITH) MANAGEMENT COMPANY LIMITED

SANDGATE COURT (PENRITH) MANAGEMENT COMPANY LIMITED - Company Information

02791358 SANDGATE COURT (PENRITH) MANAGEMENT COMPANY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 02791358 2015-04-01 2016-03-31 02791358 2016-03-31 02791358 2015-03-31 02791358 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 02791358 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 02791358

SANDGATE COURT (PENRITH) MANAGEMENT COMPANY LIMITED

Abbreviated Accounts

31 March 2016

SANDGATE COURT (PENRITH) MANAGEMENT COMPANY LIMITED Registered Number 02791358

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	347	408
		347	408
Current assets
Cash at bank and in hand		37,097	26,950
		37,097	26,950
Creditors: amounts falling due within one year		(3,501)	(1,228)
Net current assets (liabilities)		33,596	25,722
Total assets less current liabilities		33,943	26,130
Total net assets (liabilities)		33,943	26,130
Capital and reserves
Called up share capital	3	20	20
Other reserves		33,923	26,110
Shareholders' funds		33,943	26,130

For the year ending 31 March 2016 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 1 September 2016

And signed on their behalf by:
T W Davidson, Director

SANDGATE COURT (PENRITH) MANAGEMENT COMPANY LIMITED Registered Number 02791358

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared in accordance with the provisions of the lease and on the accrual basis.

Turnover policy
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are:

Equipment, fixtures and fittings - 15% reducing balance

Other accounting policies
Tax provided on bank interest received
Service charge monies are held on trust in accordance with section 42, Landlord and Tenant Act 1987.

2Tangible fixed assets

	£
Cost
At 1 April 2015	2,293
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	2,293
Depreciation
At 1 April 2015	1,885
Charge for the year	61
On disposals	-
At 31 March 2016	1,946
Net book values
At 31 March 2016	347
At 31 March 2015	408

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
20 Ordinary shares of £1 each	20	20