Abbreviated Company Accounts - GUNNARDS HOUSE (REDRUTH) MANAGEMENT COMPANY LIMITED

GUNNARDS HOUSE (REDRUTH) MANAGEMENT COMPANY LIMITED - Company Information

02818241 GUNNARDS HOUSE (REDRUTH) MANAGEMENT COMPANY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 02818241 2015-04-01 2016-03-31 02818241 2016-03-31 02818241 2015-03-31 02818241 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 02818241 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 iso4217:GBP shares

Registered Number 02818241

GUNNARDS HOUSE (REDRUTH) MANAGEMENT COMPANY LIMITED

Abbreviated Accounts

31 March 2016

GUNNARDS HOUSE (REDRUTH) MANAGEMENT COMPANY LIMITED Registered Number 02818241

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,366	2,366
		2,366	2,366
Current assets
Debtors		1,385	1,215
Cash at bank and in hand		4,563	3,679
		5,948	4,894
Creditors: amounts falling due within one year		(5,532)	(4,929)
Net current assets (liabilities)		416	(35)
Total assets less current liabilities		2,782	2,331
Total net assets (liabilities)		2,782	2,331
Capital and reserves
Called up share capital	3	8	8
Share premium account		2,346	2,346
Profit and loss account		428	(23)
Shareholders' funds		2,782	2,331

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 15 June 2016

And signed on their behalf by:
I K Datson, Director

GUNNARDS HOUSE (REDRUTH) MANAGEMENT COMPANY LIMITED Registered Number 02818241

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 January 2015.

Turnover policy
Turnover represents the value of management and service charges received from the leaseholders at Gunnard House.

Other accounting policies
Investment Properties
No depreciation is provided for in respect of the investment properties in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). Such properties are held for their investment potential and not for consumption within the business. This is a departure from the Companies Act 2006 which required all properties to be depreciated and the directors consider that to depreciate them would not enable the financial statements to give a true and fair view. Investment properties are stated at their market value at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 April 2015	2,366
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	2,366
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	2,366
At 31 March 2015	2,366

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
8 Ordinary shares of £1 each (0 shares for 2015)	8	0
8 Ordinary shares of £1 each	8	8