| Madison Heights Management Company Limited |
| Registered number: |
04717580 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Current assets |
| Debtors |
|
|
1,004 |
|
|
3,886 |
| Cash at bank and in hand |
|
|
76 |
|
|
33,651 |
|
|
|
1,080 |
|
|
37,537 |
|
| Creditors: amounts falling due within one year |
|
|
(1,004) |
|
|
(37,516) |
|
| Net current assets |
|
|
|
76 |
|
|
21 |
|
| Net assets |
|
|
|
76 |
|
|
21 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
21 |
|
|
21 |
| Profit and loss account |
|
|
|
55 |
|
|
- |
|
| Shareholders' funds |
|
|
|
76 |
|
|
21 |
|
|
|
|
|
|
|
|
| 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. |
| The 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. |
|
|
|
| Miss S K Dicey |
| Director |
| Approved by the board on 19 September 2016 |
|
| Madison Heights Management Company 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). |
|
|
Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of Section 42 of the Landlord and Tenant Act 1987 and the company acts as trustee in this capacity. |
|
The Service charges collected and relevant costs relating to the service charges are no longer included in the company accounts. Information relating to the service charges is dealt with as a separate statement of account. |
|
Turnover |
|
Turnover represents the ground rent collected on behalf of the Landlord |
|
| 2 |
Taxation |
|
|
No liability to Corporation tax arose in the year ending 31st March 2016 nor in the year ending 31st March 2015 |
|
|
|
| 3 |
Share capital |
Nominal |
|
|
|
2016 |
|
2015 |
| value |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
21 |
|
21 |
|
|
|
|
|
|
|
|
|
