50 Burr Road Residents Company Limited - Limited company accounts 16.1

REGISTERED NUMBER: 04966540

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2015

FOR

50 BURR ROAD RESIDENTS COMPANY LIMITED

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

A Goh

Ms X Wang

REGISTERED OFFICE:

Sutherland House

1759 London Road

Leigh-on-Sea

Essex

SS9 2RZ

REGISTERED NUMBER:

04966540

ACCOUNTANTS:

Platt Rushton LLP

Chartered Accountants

Sutherland House

1759 London Road

Leigh on Sea

Essex

SS9 2RZ

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

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the administration of variable service charges

as agents of the statutory trust for the residents of 50 Burr Road, London SW18 4SQ.

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 tenants

1987.

Tenants can obtain the full set of information about service charges in the separately prepared service charge accounts.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2015 to the date of this

report.

A Goh

Ms X Wang

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

A Goh - Director

28th September 2016

TURNOVER

-

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

-

Tax on profit on ordinary activities

3

-

PROFIT FOR THE FINANCIAL YEAR

-

CURRENT ASSETS

Debtors

4

120

TOTAL ASSETS LESS CURRENT
LIABILITIES

120

CAPITAL AND RESERVES

Called up share capital

5

120

SHAREHOLDERS' FUNDS

120

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 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 provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Directors on 28th September 2016 and were signed on its
behalf by:

A Goh - Director

1.	ACCOUNTING POLICIES

Accounting convention

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.	OPERATING PROFIT

The operating profit is stated after charging:

2015

2014

£

Directors' remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31st December 2015 nor for the

year ended 31st December 2014.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2015

2014

£

Other debtors

120

5.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2015

2014

value:

£

24

Share capital 2

£5

120

6.

RESERVES

Profit

and loss

account

£

Profit for the year

-

At 31st December 2015

-

7.	ULTIMATE CONTROLLING PARTY

There is no controlling party. All residents hold shares and are entitled to vote.