Crawley Grange Residents Association Ltd - Abbreviated accounts 16.3
Crawley Grange Residents Association Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016 |
| FOR |
| CRAWLEY GRANGE RESIDENTS ASSOCIATION LTD |
| CRAWLEY GRANGE RESIDENTS ASSOCIATION LTD (REGISTERED NUMBER: 01320224) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| CRAWLEY GRANGE RESIDENTS ASSOCIATION LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Accountants and Financial Advisors |
| CRAWLEY GRANGE RESIDENTS ASSOCIATION LTD (REGISTERED NUMBER: 01320224) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2016 |
| 31.3.16 | 31.3.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on by: |
| CRAWLEY GRANGE RESIDENTS ASSOCIATION LTD (REGISTERED NUMBER: 01320224) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements are prepared on the basis of income and expenditure arising in accordance with the terms |
| of the leases covering the residential apartment block and the demises therein. In the opinion of the directors, the |
| provisions of Section 42 of the Landlord & Tenant Act 1987 do not apply to the company and therefore: |
| No statutory trust has been imposed on service charges rendered by the company; |
| The financial statements do not include any adjustments that would arise as a consequence of the existence of |
| such a trust. |
| 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 |
| Service charges receivable represent contributions receivable from members for the year, under the terms of their |
| leases covering the residential apartment block. The level of charges is agreed with members each year and any |
| surpluses or deficits arising during the year are taken into account when setting the following years budgets. |
| Surplus charges are not returned to the members. Instead, the funds are retained by the company to expend in |
| future periods. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| and 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.16 | 31.3.15 |
| value: | £ | £ |
| Ordinary shares | 1 |