ACCOUNTS - Final Accounts preparation

FAIRDALE MANAGEMENT COMPANY (TEIGNMOUTH) LIMITED - Company Information

Registered number: 05939144

FAIRDALE MANAGEMENT COMPANY (TEIGNMOUTH) LIMITED

(A COMPANY LIMITED BY GUARANTEE)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

These financial statements have not been audited as the company is exempt under s477 of the Companies Act 2006 from the requirement to obtain an audit of its financial statements.

FAIRDALE MANAGEMENT COMPANY (TEIGNMOUTH) LIMITED

(A COMPANY LIMITED BY GUARANTEE)

REGISTERED NUMBER: 05939144

ABBREVIATED BALANCE SHEET

AS AT 31 DECEMBER 2015

2015

2014

Note

CURRENT ASSETS
Debtors	235		223
Cash at bank	1,509		421

	1,744		644
CREDITORS: amounts falling due within one year	(427)		(389)
NET CURRENT ASSETS		1,317		255

TOTAL ASSETS LESS CURRENT LIABILITIES

1,317

255

CAPITAL AND RESERVES
Income and expenditure account			1,317		255

1,317

255

The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 December 2015 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by:

Mr S A Dale

Director

Date: 26 October 2016

The notes on page 2 form part of these financial statements.

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FAIRDALE MANAGEMENT COMPANY (TEIGNMOUTH) LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

1.ACCOUNTING POLICIES

	1.1	BASIS OF PREPARATION OF FINANCIAL STATEMENTS
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	1.2	TURNOVER
		The turnover shown in the profit and loss account represents service charges and ground rents due for the period.

2.COMPANY STATUS

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

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