Abbreviated Company Accounts - WESTWOOD COURT RESIDENTS LIMITED

WESTWOOD COURT RESIDENTS LIMITED - Company Information

Registered Number 00735507

WESTWOOD COURT RESIDENTS LIMITED

Abbreviated Accounts

31 March 2016

WESTWOOD COURT RESIDENTS LIMITED Registered Number 00735507

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	5,759	5,759
Investments		-	-
		5,759	5,759
Current assets
Stocks		-	-
Debtors		-	-
Investments		-	-
Cash at bank and in hand		8,458	6,515
		8,458	6,515
Creditors: amounts falling due within one year		(8,544)	(6,601)
Net current assets (liabilities)		(86)	(86)
Total assets less current liabilities		5,673	5,673
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		5,673	5,673
Capital and reserves
Called up share capital		15	15
Revaluation reserve		0	0
Other reserves		5,658	5,658
Shareholders' funds		5,673	5,673

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 November 2016

And signed on their behalf by:
Alan Sutcliffe, Director

WESTWOOD COURT RESIDENTS LIMITED Registered Number 00735507

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Fixed Assets
The freehold is stated at cost. The directors assess annually the need to provide for any impairments.

Depreciation
The freehold interest has not been depreciated.

Tangible Fixed Assets
The represents the freehold reversion in the land and buildings at Westwood Court, 33 Westwood Court, Southampton stated at cost. The leases run for 99 years from 25 December 1961. Additional leases run from 25 December 2002 for 99 years.

Other accounting policies
Prior Year Adjustment
The company has no income or expenditure in its own right, all transactions in the year being related to the maintenance of the common parts in accordance with the lease. Services charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of Section 42 of the Landlords and Tenants Act 1987. Accordingly, the transactions and balance relating to the the service charges collected from leaseholders which were included in the company's accounts for the year ended 31 March 2016 or earlier have been removed, and the prior year's figure restated. Information relating to service charges is now dealt with as a separate statement of account.

2Tangible fixed assets

	£
Cost
At 1 April 2015	5,759
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2016	5,759
Depreciation
At 1 April 2015	0
Charge for the year	0
On disposals	0
At 31 March 2016	0
Net book values
At 31 March 2016	5,759
At 31 March 2015	5,759