Abbreviated Company Accounts - LAMBA COURT (SALFORD) MANAGEMENT COMPANY LIMITED

LAMBA COURT (SALFORD) MANAGEMENT COMPANY LIMITED - Company Information

Registered Number 05129780

LAMBA COURT (SALFORD) MANAGEMENT COMPANY LIMITED

Abbreviated Accounts

31 December 2015

LAMBA COURT (SALFORD) MANAGEMENT COMPANY LIMITED Registered Number 05129780

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	40,000	40,000
		40,000	40,000
Creditors: amounts falling due within one year		(40,718)	(40,718)
Net current assets (liabilities)		(40,718)	(40,718)
Total assets less current liabilities		(718)	(718)
Total net assets (liabilities)		(718)	(718)
Reserves
Income and expenditure account		(718)	(718)
Members' funds		(718)	(718)

For the year ending 31 December 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 September 2016

And signed on their behalf by:
Mr I Beamish, Director

LAMBA COURT (SALFORD) MANAGEMENT COMPANY LIMITED Registered Number 05129780

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost eonvention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 201S).
As the company is non trading it will rely upon support from the service charge account for the
maintenance of the fixed assets

Other accounting policies
ln accordance with Tech 03/11 published by the lnstitute of Chartered Accountants in England and Wales
(ICAEW), Association of Residential Managing Agents (ARMA) and the Royal Institute of Chartered
Surveyors (RICS) the accounts are non trading. The service charge income and property expenditure are shown in a separate service charge statement.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 January 2015	40,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	40,000
Depreciation
At 1 January 2015	-
Charge for the year	-
On disposals	-
At 31 December 2015	-
Net book values
At 31 December 2015	40,000
At 31 December 2014	40,000