Crownglobe Management Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03247309 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

CROWNGLOBE MANAGEMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

Ms M S Marks

Miss N K Bainsal

Ms S D Ball

Miss K Townsend

SECRETARY:

R J Melhuish

REGISTERED OFFICE:

198 Finchampstead Road

Wokingham

Berkshire

RG40 3HB

REGISTERED NUMBER:

03247309 (England and Wales)

ACCOUNTANTS:

Accountwise Limited

198 Finchampstead Road

Wokingham

Berkshire

RG40 3HB

CURRENT ASSETS

Cash at bank

366

459

CREDITORS

Amounts falling due within one year

300

400

NET CURRENT ASSETS

66

59

TOTAL ASSETS LESS CURRENT
LIABILITIES

66

59

CAPITAL AND RESERVES

Called up share capital

2

220

Profit and loss account

(154

)

(161

)

SHAREHOLDERS' FUNDS

66

59

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 profit or loss 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 8 February 2017 and were signed on its behalf by:

Miss N K Bainsal - Director

Ms S D Ball - Director

Ms M S Marks - Director

Miss K Townsend - 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).

Turnover

Turnover represents net fees received from the shareholders of the company.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

4

Ordinary

£55

220

3.	RELATED PARTY DISCLOSURES

The company is a non-profit making management company run by the residents for the benefit of the residents.

Directors and members therefore enter into transactions with the company as residents but all such transactions

are as agreed in the terms of the residency and are therefore not unusual or beneficial in any way as to require

separate disclosure.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Crownglobe Management Limited for the year ended 30 September 2016 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Crownglobe Management Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Crownglobe Management Limited and state those matters that we have agreed to state to the Board of Directors of Crownglobe Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crownglobe Management Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Crownglobe Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Crownglobe Management Limited. You consider that Crownglobe Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Crownglobe Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Accountwise Limited

198 Finchampstead Road

Wokingham

Berkshire

RG40 3HB

8 February 2017