The Brambles (Monkston Park) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06125658 (England and Wales)

THE BRAMBLES (MONKSTON PARK) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R J Lovelock

Mr D Williamson

Mrs R Edmunds

SECRETARY:

Mrs P E Jones

REGISTERED OFFICE:

26 Primrose Road

Bradwell Village

Milton Keynes

Buckinghamshire

MK13 9AT

REGISTERED NUMBER:

06125658 (England and Wales)

ACCOUNTANTS:

Blencowes

15 High Street

Brackley

Northamptonshire

NN13 7DH

CURRENT ASSETS

Debtors

4,838

908

Cash at bank

2,650

7,175

7,488

8,083

CREDITORS

Amounts falling due within one year

743

1,212

NET CURRENT ASSETS

6,745

6,871

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,745

6,871

CAPITAL AND RESERVES

Called up share capital

2

24

Maintenance reserve

6,721

6,847

SHAREHOLDERS' FUNDS

6,745

6,871

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17 October 2016 and were signed on its behalf by:

Mrs R Edmunds - 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).

Turnover

Turnover represents maintenance fees receivable.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or

a right to pay less or to receive more tax, with the following exceptions: Deferred tax assets are recognised only

to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits

from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance

sheet date.

Maintenance reserve

The company is liable to ensure that certain areas, external to the flats are kept in good repair and decorative

order. This includes major decorative work every few years. It has been decided that a separate maintenance

reserve should be maintained to cover the expected costs and appropriations are made form the profit and loss

account for this purpose.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

12

Ordinary

£2

24