Hilbre Grange Residents Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01743086 (England and Wales)

HILBRE GRANGE RESIDENTS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G Dellaripa

J Norman

SECRETARY:

D J Chapman

REGISTERED OFFICE:

2nd Floor Exchange Building

16 St Cuthberts Street

Bedford

Bedfordshire

MK40 3JG

REGISTERED NUMBER:

01743086 (England and Wales)

ACCOUNTANTS:

Keens Shay Keens Limited

Chartered Accountants

2nd Floor Exchange Building

16 St Cuthberts Street

Bedford

Bedfordshire

MK40 3JG

FIXED ASSETS

Tangible assets

2

128,324

CURRENT ASSETS

Debtors

4,505

7,003

Cash at bank

36,870

38,099

41,375

45,102

CREDITORS

Amounts falling due within one year

4,397

4,199

NET CURRENT ASSETS

36,978

40,903

TOTAL ASSETS LESS CURRENT
LIABILITIES

165,302

169,227

CAPITAL AND RESERVES

Called up share capital

3

26

Other reserves

128,324

Profit and loss account

36,952

40,877

SHAREHOLDERS' FUNDS

165,302

169,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 2 December 2016 and were signed on its behalf by:

G Dellaripa - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors have not adopted the guidance relating to Accounting for Service Charges, whereby the income and

expenditure is excluded from the accounts, as they consider that the adopted conventional basis reflects more accurately the

basis on which the company operates and therefore represents a true and fair view of the company's operations.

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

All assets are initially recorded at cost. No depreciation is charged on the freehold land included within the Balance Sheet.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

128,324

NET BOOK VALUE

At 31 March 2016

128,324

At 31 March 2015

128,324

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2016

2015

value:

£

26

Ordinary shares

£1

26

4.	RELATED PARTY DISCLOSURES

The directors and shareholders of the company are the registered owners of the properties under the company's

management.

During the current and previous year no one person had overall control of the company.

Where residents are also directors there will be transactions and year end balances with them in the ordinary course of the

business.