Orchard Way (South) (Shirley) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01015737 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31st March 2016

for

Orchard Way (South) (Shirley) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N S Skeet

B A Fletcher

REGISTERED OFFICE:

C/o Daniels & Co (Accountants) Limited

111a Station Road

West Wickham

Kent

BR4 0PX

REGISTERED NUMBER:

01015737 (England and Wales)

ACCOUNTANTS:

Daniels & Co (Accountants) Limited

Chartered Accountants

111a Station Road

West Wickham

Kent

BR4 0PX

FIXED ASSETS

Tangible assets

2

1

1

CURRENT ASSETS

Cash at bank

15,099

8,996

CREDITORS

Amounts falling due within one year

14,965

8,862

NET CURRENT ASSETS

134

134

TOTAL ASSETS LESS CURRENT LIABILITIES

135

135

CAPITAL AND RESERVES

Called up share capital

3

135

135

SHAREHOLDERS' FUNDS

135

135

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 16th December 2016 and were signed on its behalf by:

N S Skeet - Director

B A Fletcher - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Service charges collected from tenants and the associated costs of managing the common parts of the property

are recorded in separate service charge accounts and excluded from the financial statements of the company.

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 ground rents receivable from residents of the courts managed by the company.

Tangible fixed assets

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

Land and buildings

-

2% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

and 31st March 2016

1

NET BOOK VALUE

At 31st March 2016

1

At 31st March 2015

1

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

27

"B" Ordinary

£5

135

135