Abbreviated Company Accounts - PORTMORE HALL (CRUMLIN) MANAGEMENT COMPANY LIMITED
Abbreviated Company Accounts - PORTMORE HALL (CRUMLIN) MANAGEMENT COMPANY LIMITED
Registered Number NI603594
PORTMORE HALL (CRUMLIN) MANAGEMENT COMPANY LIMITED
Abbreviated Accounts
31 March 2016
PORTMORE HALL (CRUMLIN) MANAGEMENT COMPANY LIMITED Registered Number NI603594
Abbreviated Balance Sheet as at 31 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 2 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
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
And signed on their behalf by:
PORTMORE HALL (CRUMLIN) MANAGEMENT COMPANY LIMITED Registered Number NI603594
Notes to the Abbreviated Accounts for the period ended 31 March 2016
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Other accounting policies
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Going concern
The financial statements have been prepared on the going concern basis, notwithstanding the fact that the company had net liabilities of £579 and a net shareholder's deficiency of £579 at the balance sheet. The director has supported the company to date and will continue to do so for the foreseeable future.