Mountbatten Park Management Co Ltd - Limited company accounts 16.1
Mountbatten Park Management Co Ltd - Limited company accounts 16.1
| REGISTERED NUMBER: |
| REPORT OF THE DIRECTOR AND |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| FOR |
| MOUNTBATTEN PARK MANAGEMENT COMPANY |
| LIMITED |
| MOUNTBATTEN PARK MANAGEMENT COMPANY |
| LIMITED (REGISTERED NUMBER: 03964287) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| For The Year Ended 31 December 2015 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Report of the Accountants | 3 |
| Profit and Loss Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 |
| MOUNTBATTEN PARK MANAGEMENT COMPANY |
| LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 31 December 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| MOUNTBATTEN PARK MANAGEMENT COMPANY |
| LIMITED (REGISTERED NUMBER: 03964287) |
| REPORT OF THE DIRECTOR |
| For The Year Ended 31 December 2015 |
| The director presents his report with the financial statements of the company for the year ended 31 December 2015. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of the administration of variable service charges as agents of the statutory |
| trust for the management and maintenance of the property known as 100-122 Warwick Road, West Drayton, Middlesex UB7 9PX. |
| The company has no income or expenditure in its own right, all transactions in the year being related to the maintenance of the common parts in |
| accordance with the lease. Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property in |
| accordance with the provision of section 42 of the Landlord and Tenant Act 1987. |
| DIRECTOR |
| 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: |
| S Gwynn, for and on behalf of |
| MOUNTBATTEN PARK MANAGEMENT COMPANY |
| LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF |
| MOUNTBATTEN PARK MANAGEMENT COMPANY |
| LIMITED |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2015 set out on pages four to six and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 19 September 2016 |
| MOUNTBATTEN PARK MANAGEMENT COMPANY |
| LIMITED (REGISTERED NUMBER: 03964287) |
| PROFIT AND LOSS ACCOUNT |
| For The Year Ended 31 December 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| TURNOVER |
| OPERATING PROFIT and |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
2 |
| Tax on profit on ordinary activities | 3 |
| PROFIT FOR THE FINANCIAL YEAR |
| MOUNTBATTEN PARK MANAGEMENT COMPANY |
| LIMITED (REGISTERED NUMBER: 03964287) |
| BALANCE SHEET |
| 31 December 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES | - | - |
| 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 profit or loss 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 were approved by the director on |
| MOUNTBATTEN PARK MANAGEMENT COMPANY |
| LIMITED (REGISTERED NUMBER: 03964287) |
| NOTES TO THE FINANCIAL STATEMENTS |
| For The Year Ended 31 December 2015 |
| 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 January 2015). |
| The company was dormant throughout the current year and previous year. |
| Service charges |
| The company is responsible for the management of Mountbatten Park and collects service charges from lessees in order to fund |
| expenditure incurred in the management of the property. These service charge funds are held in trust for the lessees as required by the |
| Landlord and Tenant Act 1987. Transactions relating to the management of the property are reported separately to the lessees and are |
| excluded from the company's financial statements. |
| 2. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 2015 | 2014 |
| £ | £ |
| Director's remuneration and other benefits etc |
| 3. | TAXATION |
| Analysis of the tax charge |
| No liability to UK corporation tax arose on ordinary activities for the year ended 31 December 2015 nor for the year ended |
| 31 December 2014. |
| 4. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| Profit for the year |
| At 31 December 2015 |
| 5. | GUARANTEE |
| The company is limited by guarantee and does not have share capital. |