SANDRINGHAM_MEWS_(HAMPTON - Accounts

SANDRINGHAM MEWS MGT CO LTD - Company Information

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Company Registration No. 06510995 (England and Wales)

SANDRINGHAM MEWS (HAMPTON) MANAGEMENT (NO.2) LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

SANDRINGHAM MEWS (HAMPTON) MANAGEMENT (NO.2) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

SANDRINGHAM MEWS (HAMPTON) MANAGEMENT (NO.2) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2016

- 1 -

2016

2015

as restated

Notes

Current assets

Debtors

Total assets less current liabilities

Capital and reserves

Called up share capital

Shareholders' funds

For the financial year ended 28 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 22 November 2016

G. Hall

Director

Company Registration No. 06510995

SANDRINGHAM MEWS (HAMPTON) MANAGEMENT (NO.2) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Status

During the year the company has acted as agent for the lessees of the property at Sandringham Mews, Hampton, Middlesex, TW12 2LF. The funds in relation to the maintenance of the property are held in trust. As at 28 February 2016 the cash balance held on behalf of the lessees amounted to £5,050.

The company therefore has no income or expenditure in its own right in relation to the maintenance of the common parts of the property held in accordance with the governing leases. Income and expenditure arising from these transactions is shown in separate service charge accounts for the property that do not form part of the annual accounts of the company and are not filed at Companies House. The accounts can be obtained from Sandringham Mews (Hampton) Management (No.2) Limited.

Share capital

2016

2015

Allotted, called up and fully paid

4 Ordinary shares of £10 each

Prior year adjustment

It was resolved that the service charge assets and associated liabilities in relation to the maintenance of the property governed by the lease should be held in trust and therefore reported separately from the statutory accounts.

On this basis, a prior year adjustment has been made to remove the amounts which relate to the service charge fund as follows:

- debtors due within one year amounting to £6,227 have been transferred to give a balance brought forward at 1 March 2015 of £40;

- the bank balance of £337 has been transferred to give a balance brought forward at 1 March 2015 of £nil;

- creditors due within one year amounting to £6,218 have been transferred to give a balance brought forward at 1 March 2015 of £nil;

- the profit and loss account reserves brought forward at 1 March 2015 have been reduced to £nil.