Crown Court (Surbiton) Residents - Abbreviated accounts 16.3

REGISTERED NUMBER: 00768352 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

CROWN COURT (SURBITON) RESIDENTS

ASSOCIATION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

Y Mistry

C L Hawkins

A M Korff

SECRETARY:

R D S Heald FRICS

REGISTERED OFFICE:

69 Victoria Road

Surbiton

Surrey

KT6 4NX

REGISTERED NUMBER:

00768352 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

Turnbull House

226 Mulgrave Road

Cheam

Sutton

Surrey

SM2 6JT

CURRENT ASSETS

Debtors

1,236

105

Cash at bank

2,610

548

3,846

653

CREDITORS

Amounts falling due within one year

3,804

8,289

NET CURRENT ASSETS/(LIABILITIES)

42

(7,636

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

42

(7,636

)

CAPITAL AND RESERVES

Called up share capital

2

210

Maintenance reserve

(168

)

(7,846

)

SHAREHOLDERS' FUNDS

42

(7,636

)

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 29 September 2016 and were signed on its
behalf by:

Y Mistry - 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).

Income

Income represents service charges and premiums receivable from lessees.

Maintenance reserve

The maintenance reserve comprises sums set aside to carry forward as a provision against future maintenance

costs. Such provision is considered prudent to enable the company to manage the property.

Profit and loss account

It is considered that the activities of the company do not give rise to a profit or loss due to its nature of

mutual trading. Any excess service charges levied over the current expenditure will be retained in the

maintenance reserve.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

21

Ordinary

£10

210

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages

two to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Crown Court (Surbiton) Residents Association Limited for the year ended 31 March 2016 which

comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting

records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Crown Court (Surbiton) Residents Association Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Crown Court (Surbiton) Residents Association Limited and state those matters that we have agreed to state to the Board of Directors of Crown Court (Surbiton) Residents Association Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crown Court (Surbiton) Residents Association Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Crown Court (Surbiton) Residents Association Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Crown Court (Surbiton) Residents Association Limited. You consider that Crown Court (Surbiton) Residents Association Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Crown Court (Surbiton) Residents Association Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

THP Limited

Chartered Accountants

Turnbull House

226 Mulgrave Road

Cheam

Sutton

Surrey

SM2 6JT

21 December 2016