Abbreviated Company Accounts - DENCORA HOUSE MANAGEMENT COMPANY LIMITED

DENCORA HOUSE MANAGEMENT COMPANY LIMITED - Company Information

Registered Number 05440038

DENCORA HOUSE MANAGEMENT COMPANY LIMITED

Abbreviated Accounts

30 April 2016

DENCORA HOUSE MANAGEMENT COMPANY LIMITED Registered Number 05440038

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	55,061	59,190
		55,061	59,190
Current assets
Debtors		2,627	10,938
Cash at bank and in hand		66,522	41,070
		69,149	52,008
Creditors: amounts falling due within one year		(10,281)	(3,845)
Net current assets (liabilities)		58,868	48,163
Total assets less current liabilities		113,929	107,353
Provisions for liabilities		(3,047)	(3,704)
Total net assets (liabilities)		110,882	103,649
Reserves
Other reserves		41,745	41,745
Income and expenditure account		69,137	61,904
Members' funds		110,882	103,649

For the year ending 30 April 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 27 January 2017

And signed on their behalf by:
Dr G Jones, Director

DENCORA HOUSE MANAGEMENT COMPANY LIMITED Registered Number 05440038

Notes to the Abbreviated Accounts for the period ended 30 April 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.

Turnover policy
Turnover represents the value of management service supplied to residents during the year and is recognised at the date property management services are invoiced to the resident

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at the rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as below.

Depreciation is not charged on freehold property as this is maintained to such a standard that its estimated residual value is not less than its cost

Plant & Machinery - 10 years

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 May 2015	67,534
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	67,534
Depreciation
At 1 May 2015	8,344
Charge for the year	4,129
On disposals	-
At 30 April 2016	12,473
Net book values
At 30 April 2016	55,061
At 30 April 2015	59,190