Park Farm Residents Management Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02035061 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 25 MARCH 2016

FOR

PARK FARM RESIDENTS MANAGEMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N Dahbi

Mrs L Peake

SECRETARY:

Miss A S Hardy

REGISTERED OFFICE:

Property Resource Ltd

3 Cobden Road

South Norwood

London

SE25 5NY

REGISTERED NUMBER:

02035061 (England and Wales)

ACCOUNTANTS:

Upton Neenan Lees

Chartered Accountants

21-23 Croydon Road

Caterham

Surrey

CR3 6PA

FIXED ASSETS

Tangible assets

2

2,600

CURRENT ASSETS

Debtors

-

57

Cash at bank

15,415

9,265

15,415

9,322

CREDITORS

Amounts falling due within one year

(1,105

)

(1,399

)

NET CURRENT ASSETS

14,310

7,923

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,910

10,523

CAPITAL AND RESERVES

Called up share capital

3

8

Other reserves

18,197

Profit and loss account

(1,295

)

(7,682

)

SHAREHOLDERS' FUNDS

16,910

10,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 March 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 15 November 2016 and were signed on its behalf by:

Mrs L Peake - 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Deferred tax

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 26 March 2015

and 25 March 2016

2,600

NET BOOK VALUE

At 25 March 2016

2,600

At 25 March 2015

2,600

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

25.3.16

25.3.15

value:

£

8

Ordinary shares

8