Aspect Managements Limited - Abbreviated accounts

Aspect Managements Limited - Abbreviated accounts


Registered number
00792860
Aspect Managements Limited
Abbreviated Accounts
31 March 2016
Aspect Managements Limited
Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Aspect Managements Limited for the year ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Aspect Managements Limited for the year ended 31 March 2016 which comprise of 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, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.
Elliott & Partners
Chartered Accountants
1 Sudley Terrace
High Street
Bognor Regis
West Sussex
PO21 1EY
22 November 2016
Aspect Managements Limited
Registered number: 00792860
Abbreviated Balance Sheet
as at 31 March 2016
Notes 2016 2015
£ £
Current assets
Stocks 12,313 12,313
Debtors 596,038 597,483
608,351 609,796
Creditors: amounts falling due within one year (96) (642)
Net current assets 608,255 609,154
Net assets 608,255 609,154
Capital and reserves
Called up share capital 2 50,000 50,000
Profit and loss account 558,255 559,154
Shareholders' funds 608,255 609,154
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
C N Rayner
Director
Approved by the board on 22 November 2016
Aspect Managements Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the income from trading and investing in properties and rentals.
Stocks
These represent freehold or leasehold properties stated at the lower of cost and net realisable value.
2 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 50,000 50,000 50,000
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