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BELLINGHAM COURT (NORWICH) MANAGEMENT COMPANY LIMITED - Company Information

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Registered number: 02311754

BELLINGHAM COURT (NORWICH) MANAGEMENT COMPANY LIMITED

UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

BELLINGHAM COURT (NORWICH) MANAGEMENT COMPANY LIMITED

(A Company Limited by Guarantee)

COMPANY INFORMATION

DIRECTORS	K Craddock
	P G Wolsey


COMPANY SECRETARY	Abbeystone Management Limited


REGISTERED NUMBER	02311754


REGISTERED OFFICE	29 Cattle Market Street
	Norwich
	Norfolk
	NR1 3DY


ACCOUNTANTS	Price Bailey LLP
	Chartered Accountants
	20 Central Avenue
	St Andrews Business Park
	Thorpe St Andrew
	Norwich
	Norfolk
	NR7 0HR

BELLINGHAM COURT (NORWICH) MANAGEMENT COMPANY LIMITED

(A Company Limited by Guarantee)

CONTENTS

	Page
Directors' Report	1
Accountants' Report	2
Income and Expenditure Account	3
Balance Sheet	4
Notes to the Financial Statements	5

BELLINGHAM COURT (NORWICH) MANAGEMENT COMPANY LIMITED

(A Company Limited by Guarantee)

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2015

The directors present their report and the unaudited financial statements for the year ended 31 December 2015.

PRINCIPAL ACTIVITIES

The principal activity of the company is to manage the grounds and properties at Bellingham Court, Norwich and to supply management services to the owners of these properties.
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 provisions of section 42 of the Landlord and Tenant Act 1987.
CONSTITUTION
The company is limited by guarantee of £1 maximum per member. The company has no share capital as such.

DIRECTORS

The directors who served during the year were:

K Craddock

P G Wolsey

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board on 30 September 2016 and signed on its behalf.

Abbeystone Management Limited

Secretary

Page 1

BELLINGHAM COURT (NORWICH) MANAGEMENT COMPANY LIMITED

(A Company Limited by Guarantee)

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BELLINGHAM COURT (NORWICH) MANAGEMENT COMPANY LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bellingham Court (Norwich) Management Company Limited for the year ended 31 December 2015 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Bellingham Court (Norwich) Management Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Bellingham Court (Norwich) Management Company Limited and state those matters that we have agreed to state to them in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bellingham Court (Norwich) Management Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bellingham Court (Norwich) Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit or loss. You consider that Bellingham Court (Norwich) Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Bellingham Court (Norwich) Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Price Bailey LLP

Chartered Accountants

20 Central Avenue

St Andrews Business Park

Thorpe St Andrew

Norwich

Norfolk

NR7 0HR

30 September 2016

Page 2

BELLINGHAM COURT (NORWICH) MANAGEMENT COMPANY LIMITED

(A Company Limited by Guarantee)

INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2015

		2015	2014
	Note	£	£
SURPLUS ON ORDINARY ACTIVITIES BEFORE TAXATION		-	-
Tax on surplus on ordinary activities	2	-	-
SURPLUS ON ORDINARY ACTIVITIES AFTER TAXATION		-	-
SURPLUS BROUGHT FORWARD		-	-

RETAINED SURPLUS CARRIED FORWARD		-	-

The Company has no income or expenditure in its own right. All transactions in the year relate to maintenance of the common parts in accordance with the lease. Income and expenditure arising from these transactions is shown in separate service charge accounts for the property that do not form part of the annual accounts of the company and are not filed at Companies House. All service charge monies received from the residents of Bellingham Court, Norwich are held on trust for the residents.

Page 3

BELLINGHAM COURT (NORWICH) MANAGEMENT COMPANY LIMITED

(A Company Limited by Guarantee)

REGISTERED NUMBER: 02311754

BALANCE SHEET

AS AT 31 DECEMBER 2015


				2015		2014

Note

TOTAL ASSETS LESS CURRENT LIABILITIES

CAPITAL AND RESERVES

The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question 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 for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 December 2015 and of its profit or loss for the year in accordance with the requirements of sections 394 and 395 of the Act 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 have been prepared in accordance with the special provisions applicable to small companies within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 September 2016.

P G Wolsey

Director

The notes on page 5 form part of these financial statements.

Page 4

BELLINGHAM COURT (NORWICH) MANAGEMENT COMPANY LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		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).

2.TAXATION

There is no Corporation Tax payable based on the result for the period (2014: no Corporation Tax payable).

3.CONTRACTUAL COMMITMENTS

The company contracts with third parties in its own name for the supply or services to the property for maintenance of the common parts in accordance with the terms of the leases. At 31 December 2015 the company had not entered into any non-cancellable contractual commitments (2014: no non-cancellable contracts).

4.MEMBERS GUARANTEE

The company is limited by guarantee and not having a share capital. Each member is liable to contribute £1 to the assets of the company in the event of its winding up.

Page 5