Abbreviated Company Accounts - HOUGHTON HALL MANAGEMENT LIMITED

HOUGHTON HALL MANAGEMENT LIMITED - Company Information

03414447 HOUGHTON HALL MANAGEMENT LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 03414447 2015-01-01 2015-12-31 03414447 2015-12-31 03414447 2014-12-31 03414447 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 03414447 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 03414447

HOUGHTON HALL MANAGEMENT LIMITED

Abbreviated Accounts

31 December 2015

HOUGHTON HALL MANAGEMENT LIMITED Registered Number 03414447

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1	1
		1	1
Current assets
Debtors		660	2,679
Cash at bank and in hand		8,405	24,499
		9,065	27,178
Creditors: amounts falling due within one year		(4,603)	(24,827)
Net current assets (liabilities)		4,462	2,351
Total assets less current liabilities		4,463	2,352
Total net assets (liabilities)		4,463	2,352
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		4,363	2,252
Shareholders' funds		4,463	2,352

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 1 September 2016

And signed on their behalf by:
C Ranson, Director

HOUGHTON HALL MANAGEMENT LIMITED Registered Number 03414447

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT. The company's income is derived from it's principal activity of property management, receiving service charges from tenants. The revenue is recognised as turnover in the period to which the service charges relate.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life. No depreciation is provided on freehold land.
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the Directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

2Tangible fixed assets

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

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100