St Anne's Villas Property Management Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04411997 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

FOR

ST ANNE'S VILLAS PROPERTY MANAGEMENT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr Davide Costa

Mr Filippo Lorenzo Frattini

REGISTERED OFFICE:

20 - 22 Bedford Row

London

WC1R 4JS

REGISTERED NUMBER:

04411997 (England and Wales)

ACCOUNTANTS:

Jamieson Stone LLP

Windsor House

40/41 Great Castle Street

London

W1W 8LU

FIXED ASSETS

Tangible assets

2

4,000

4,000

CREDITORS

Amounts falling due within one year

(4,000

)

(4,000

)

NET CURRENT LIABILITIES

(4,000

)

(4,000

)

TOTAL ASSETS LESS CURRENT LIABILITIES

-

-

RESERVES

-

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

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 surplus or deficit 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 January 2017 and were signed on its behalf by:

Mr Davide Costa - Director

1.	ACCOUNTING POLICIES

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).

The company was dormant throughout the current year and previous year.

Deferred tax

The charge for taxation takes into account taxation deferred as a result of timing differences between the

treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in

respect of all timing differences that have originated but not reversed at the balance sheet date. However,

deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that

they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred

taxation is measured on a non-discounted basis at the average tax rates that would apply when the timing

differences are expected to reverse, based on the tax rates and laws that have been enacted by the balance sheet

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

4,000

NET BOOK VALUE

At 30 April 2016

4,000

At 30 April 2015

4,000

3.	PRIOR YEAR ADJUSTMENT

The company is a residential flat management company.

Previously service charges receivable from tenants and the associated service charge expenditure were

incorporated within the financial statements of St Anne's Villas Property Management Ltd.

Following the release of TECH 03/11 by the Institute of Chartered Accountants in England and Wales in

October 2011 it has been clarified that service charge monies are held under a statutory trust and should not be

included as an asset in the financial statements of St Anne's Villas Property Management Ltd.

These accounts have therefore been prepared on the basis that St Anne's Villas Property Management Ltd is a

dormant company.