Abbreviated Company Accounts - WEST KINGSTON RESIDENTS ASSOCIATION LIMITED

WEST KINGSTON RESIDENTS ASSOCIATION LIMITED - Company Information

Registered Number 00950590

WEST KINGSTON RESIDENTS ASSOCIATION LIMITED

Abbreviated Accounts

31 March 2016

WEST KINGSTON RESIDENTS ASSOCIATION LIMITED Registered Number 00950590

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	3,982	3,982
		3,982	3,982
Current assets
Debtors		1,326	2,030
Cash at bank and in hand		109,025	72,240
		110,351	74,270
Creditors: amounts falling due within one year		(12,782)	(2,100)
Net current assets (liabilities)		97,569	72,170
Total assets less current liabilities		101,551	76,152
Total net assets (liabilities)		101,551	76,152
Reserves
Other reserves		18,459	18,459
Income and expenditure account		83,092	57,693
Members' funds		101,551	76,152

For the year ending 31 March 2016 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 9 September 2016

And signed on their behalf by:
J L Smithers, Director

WEST KINGSTON RESIDENTS ASSOCIATION LIMITED Registered Number 00950590

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2016).

Turnover policy
Income represents estate and other charges receivable in the year.

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, as follows:
Estate Roads - Not depreciated
Gates, notices and fencing at 10% straight line

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

3Tangible fixed assets

	£
Cost
At 1 April 2015	13,435
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	13,435
Depreciation
At 1 April 2015	9,453
Charge for the year	-
On disposals	-
At 31 March 2016	9,453
Net book values
At 31 March 2016	3,982
At 31 March 2015	3,982