Bromford (Great Barr) Management Company - Abbreviated accounts 16.1

REGISTERED NUMBER: 01741662

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2015

FOR

BROMFORD (GREAT BARR) MANAGEMENT COMPANY

LIMITED

COMPANY LIMITED BY GUARANTEE

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr B Postans

Mr L J Stanton

SECRETARY:

Mrs K Peach-Robinson

REGISTERED OFFICE:

Featherstone Hall Farm

New Road

Featherstone

West Midlands

WV10 7NW

REGISTERED NUMBER:

01741662

ACCOUNTANTS:

Guy & Co Chartered Certified Accountants

12 Johnson Street

Woodcross

Coseley

West Midlands

WV14 9RL

FIXED ASSETS

Tangible assets

2

1

1

CURRENT ASSETS

Debtors

6,754

7,376

Cash at bank

308

3,918

7,062

11,294

CREDITORS

Amounts falling due within one year

21,387

1,305

NET CURRENT (LIABILITIES)/ASSETS

(14,325

)

9,989

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,324

)

9,990

RESERVES

Members Loans

18

18

Income and expenditure account

(14,342

)

9,972

(14,324

)

9,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23rd September 2016 and were signed on its behalf by:

Mr B Postans - Director

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).

Turnover

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

Fixed assets

All fixed assets are initially recorded at cost.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Tangible fixed assets

The tangible asset is the company's freehold interest in the development. The company has granted 18 leases

expiring in 2108.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2015

and 31st December 2015

1

NET BOOK VALUE

At 31st December 2015

1

At 31st December 2014

1

3.	ULTIMATE CONTROLLING PARTY

The controlling party is the company directors.