| Tivoli Mews Management Company Limited |
| Registered number: |
06931595 |
| Directors' Report |
|
| The directors present their report and accounts for the year ended 25 December 2015. |
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| Principal activity |
| The company's principal activity during the period was the management and administration of the communal areas of Tivoli Mews, Windmill Street, Gravesend, Kent. |
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| Directors |
| The following persons served as directors during the year: |
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|
A J Billings |
|
S J Billings |
|
| Small company provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
| This report was approved by the board on 16 September 2016 and signed on its behalf. |
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| A J Billings |
| Director |
|
| Tivoli Mews Management Company Limited |
| Registered number: |
06931595 |
| Balance Sheet |
| as at 25 December 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
2,068 |
|
|
705 |
| Cash at bank and in hand |
|
|
223 |
|
|
891 |
|
|
|
2,291 |
|
|
1,596 |
|
| Creditors: amounts falling due within one year |
4 |
|
(2,291) |
|
|
(1,596) |
|
| Net current assets |
|
|
|
- |
|
|
- |
|
| Net assets |
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|
|
- |
|
|
- |
|
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|
|
|
|
|
|
| Capital and reserves |
| Income and expenditure account |
5 |
|
|
- |
|
|
- |
|
| Members' funds |
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|
|
- |
|
|
- |
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| 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. |
| 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. |
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|
|
|
| A J Billings |
| Director |
| Approved by the board and authorised for issue on 16 September 2016 |
|
| Tivoli Mews Management Company Limited |
| Notes to the Accounts |
| for the year ended 25 December 2015 |
|
| 1 |
Accounting policies |
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|
Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
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Income |
|
Income represents maintenance charges receivable from the owners of the properties in Tivoli Mews, Windmill Street, Gravesend, Kent. No VAT is due thereon. |
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| 2 |
Taxation |
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Surpluses arising from differences between budgeted maintenance charges and actual maintenance expenditure are not subject to corporation tax. Tax is payable on investment income only. No tax is payable for the period to 25 December 2015 or the preceding period. |
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|
| 3 |
Debtors |
2015 |
|
2014 |
| £ |
£ |
|
|
Balancing maintenance charges due |
2,068 |
|
705 |
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|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2015 |
|
2014 |
| £ |
£ |
|
|
Maintenance charges received in advance |
|
- |
|
498 |
|
Trade creditors |
1,349 |
|
198 |
|
Other creditors |
942 |
|
900 |
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|
|
|
|
|
2,291 |
|
1,596 |
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|
|
|
|
|
|
|
|
| 5 |
Income and expenditure account |
2015 |
|
2014 |
| £ |
£ |
|
|
Surplus for the year |
- |
|
- |
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|
At 25 December 2015 |
- |
|
- |
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| 6 |
Company limited by guarantee |
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The company is limited by guarantee, having no share capital. Every member undertakes to contribute such amounts as may be necessary, not exceeding £1, if the company is wound up whilst they are a member or within one year after they cease to be a member. |
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| 7 |
Related parties |
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Due to the nature of the company, the majority of income received is from the members of the company. No amounts are considered material in their own right and therefore no amounts are disclosed. |
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| 8 |
Companies Act 2006 |
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In certain instances these financial statements do not use the terminology laid down by the Companies Act 2006. However, such departures give a better understanding of the results and fulfil the requirement to show a true and fair view. |
