Christopher Martin Place Residents - Limited company accounts 16.1

REGISTERED NUMBER: 04759590

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2016

FOR

CHRISTOPHER MARTIN PLACE RESIDENTS

ASSOCIATION LIMITED

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

D C Hopwood

SECRETARY:

Sutherland Corporate Services Limited

REGISTERED OFFICE:

Sutherland House

1759 London Road

Leigh-On-Sea

Essex

SS9 2RZ

REGISTERED NUMBER:

04759590

ACCOUNTANTS:

Platt Rushton LLP

Chartered Accountants

Sutherland House

1759 London Road

Leigh on Sea

Essex

SS9 2RZ

The director presents his report with the financial statements of the company for the year ended 31st May 2016.

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 Christopher Martin Place, Meadow Rise, Billericay, Essex CM11

2DH.

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.

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

The company also holds freehold title to the block.

DIRECTORS

The directors who have held office during the period from 1st June 2015 to the date of this report are as follows:

S Legge - resigned 20th January 2016

A G Atkinson - resigned 20th January 2016

D C Hopwood - appointed 20th January 2016

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:

D C Hopwood - Director

12th October 2016

TURNOVER

-

-

Administrative expenses

(3,917

)

1,500

OPERATING PROFIT/(LOSS) and

PROFIT/(LOSS) ON ORDINARY ACTIVITIES BEFORE TAXATION

2

3,917

(1,500

)

Tax on profit/(loss) on ordinary activities

3

-

-

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

3,917

(1,500

)

FIXED ASSETS

Tangible assets

4

1,868

1,868

CREDITORS

Amounts falling due within one year

5

1,868

5,785

NET CURRENT LIABILITIES

(1,868

)

(5,785

)

TOTAL ASSETS LESS CURRENT LIABILITIES

-

(3,917

)

RESERVES

Profit and loss account

6

-

(3,917

)

-

(3,917

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 12th October 2016 and were signed by:

D C Hopwood - 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 April 2008).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

2.	OPERATING PROFIT/(LOSS)

The operating profit (2015 - operating loss) is stated after charging:

2016

2015

£

£

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 May 2016 nor for the year

ended 31st May 2015.

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1st June 2015

and 31st May 2016

1,868

NET BOOK VALUE

At 31st May 2016

1,868

At 31st May 2015

1,868

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other creditors

1,868

5,785

6.

RESERVES

Profit

and loss

account

£

At 1st June 2015

(3,917

)

Profit for the year

3,917

At 31st May 2016

-