The Bramblings (Ash) Management Company Limited Company Accounts

THE BRAMBLINGS (ASH) MANAGEMENT COMPANY LIMITED - Company Information

FY Private Limited Company Company accounts 2016-09-29 2016-09-29 false true false false false false false false false false false false true true 2015-01-01 true xbrli:pure xbrli:shares iso4217:GBP 04257780 2015-01-01 2015-12-31 04257780 2015-12-31 04257780 2014-01-01 2014-12-31 04257780 uk-bus:RegisteredOffice 2015-01-01 2015-12-31 04257780 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2015-01-01 2015-12-31 04257780 uk-bus:Director1 2015-01-01 2015-12-31 04257780 uk-bus:Director3 2015-01-01 2015-12-31 04257780 uk-bus:CompanySecretary 2015-01-01 2015-12-31 04257780 uk-gaap:AllSubsidiaries 2015-01-01 2015-12-31 04257780 uk-lang:English 2015-01-01 2015-12-31 04257780 uk-curr:PoundSterling 2015-01-01 2015-12-31

COMPANY REGISTRATION NUMBER 04257780

THE BRAMBLINGS (ASH) MANAGEMENT COMPANY LIMITED

COMPANY LIMITED BY GUARANTEE

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 December 2015

THE BRAMBLINGS (ASH) MANAGEMENT COMPANY LIMITED

COMPANY LIMITED BY GUARANTEE

DIRECTORS' REPORT

YEAR ENDED 31 DECEMBER 2015

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

Principal Activities

The principal activity of the company continued to be that of the management and maintaining of the common parts of the estate of 12 properties at The Bramblings, Ash, Surrey, GU12 6JP, comprising 1 to 10 Queen Elizabeth Close, and 89A and 89B Ash Street; including any common areas, roads, accessways, footpaths, parking areas, drains, sewers, lighting, security and associated facilities of which the company owns the freehold. The company has no income in its own right, all transactions for the year being related to the maintenance of the common parts in accordance with the lease or covenants. 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; accordingly separate service charge accounts are prepared.

Directors

The directors who served the company during the year were as follows:

Mrs L A Warn
Mrs S-A Gair

Small Company Provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

Registered office: Signed by order of the directors

Victoria House

18 - 22 Albert Street

FLEET

Hampshire

GU51 3RJ

Merlin Estates Limited

Company Secretary

Approved by the directors on 29 September 2016

THE BRAMBLINGS (ASH) MANAGEMENT COMPANY LIMITED

COMPANY LIMITED BY GUARANTEE

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF

DIRECTORS ON THE PREPARATION OF THE UNAUDITED

STATUTORY ACCOUNTS OF THE BRAMBLINGS (ASH) MANAGEMENT

COMPANY LIMITED

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 accounts of The Bramblings (Ash) Management Company Limited for the year ended 31 December 2015 from the company's accounting records and from information and explanations you have given us.

As a practising 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/regulations.

Our work has been undertaken in accordance with the requirements of Institute of Chartered Accountants in England and Wales (ICAEW) as detailed at icaew.com/compilation.

L P (RMC ACCOUNTS) LIMITED Chartered Accountants

Hampshire House 204 Holly Road ALDERSHOT Hampshire GU12 4SE

29 September 2016

THE BRAMBLINGS (ASH) MANAGEMENT COMPANY LIMITED

COMPANY LIMITED BY GUARANTEE

INCOME AND EXPENDITURE ACCOUNT

YEAR ENDED 31 DECEMBER 2015

	2015	2014
Note	£	£
Turnover	3,766	2,938

Cost of sales	2,647	1,800
	-------	-------
Gross Surplus	1,119	1,138

Administrative expenses	1,121	1,140
	-------	-------
Operating Deficit	( 2)	( 2)

Interest receivable	2	2

	----	----
Surplus on Ordinary Activities Before Taxation	–	–

Tax on surplus on ordinary activities	–	–

	----	----
Surplus for the Financial Year	–	–
	----	----

THE BRAMBLINGS (ASH) MANAGEMENT COMPANY LIMITED

COMPANY LIMITED BY GUARANTEE

BALANCE SHEET

31 December 2015

	2015	2014
Note	£	£

	----	----
Total Assets Less Current Liabilities	–	–
	----	----

Reserves	3

	----	----
Members' Funds	–	–
	----	----

For the year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- 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 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

These accounts were approved by the directors and authorised for issue on 29 September 2016 , and are signed on their behalf by:

Mrs L A Warn

Company Registration Number: 04257780

THE BRAMBLINGS (ASH) MANAGEMENT COMPANY LIMITED

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2015

1. Accounting Policies

(a) Basis of Accounting

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).

(b) Cash Flow Statement

In the opinion of the directors the company qualifies as a small company and accordingly a cash flow statement is not required.

Maintenance charges receivable represents the amounts charged to the residential owners, as adjusted by transfers to or from deferred income.

2. Related Party Transactions

None of the shareholders have overall control of the company The shareholders are residential owners in the managed property. As part of the management of that property, service charges are collected from the residential owners to meet the costs of managing and maintaining the property. Service Charges are held in trust for the benefit of the residential owners; accordingly separate service charge accounts are prepared.

3. Company Limited by Guarantee

The company is limited by guarantee.