Bayman Manor Residents Association Limited - Period Ending 2016-06-30

Registration number: 04294467

Bayman Manor Residents Association Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2016
 

M J Vousden FCCA t/a AIMS
Synegis House
Crockhamwell Road
Woodley
Reading
Berkshire
RG5 3LE

Bayman Manor Residents Association Limited
Contents

Company Information 1

Directors' Report 2

Profit and Loss Account 3

Balance Sheet 4

Notes to the Financial Statements 5 to 6

Bayman Manor Residents Association Limited
Company Information

Directors

A L Bristow D B Smith

Company secretary

J Money

Registered office

2 St Huberts Close Gerrards Cross Bucks SL9 7EN

Accountants

M J Vousden FCCA t/a AIMS Synegis House Crockhamwell Road Woodley Reading Berkshire RG5 3LE

Page 1

Bayman Manor Residents Association Limited
Directors' Report for the Year Ended 30 June 2016

The directors present their report and the unaudited financial statements for the year ended 30 June 2016.

Directors of the company

The directors who held office during the year were as follows:

A L Bristow

D B Smith

Small company provisions

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 1 March 2016 and signed on its behalf by:

.........................................
J Money
Company secretary

Page 2

Bayman Manor Residents Association Limited
Profit and Loss Account for the Year Ended 30 June 2016

		Note			2016 £			2015 £
Turnover					12,840			12,830
Administrative expenses					(12,435)			(14,647)
Operating profit/(loss)					405			(1,817)
Profit/(loss) on ordinary activities before taxation					405			(1,817)
Profit/(loss) for the financial year		5			405			(1,817)

The notes on pages 5 to 6 form an integral part of these financial statements.
Page 3

Bayman Manor Residents Association Limited
(Registration number: 04294467)
Balance Sheet at 30 June 2016

		Note			2016 £			2015 £
Current assets
Debtors		2			1,805			1,260
Cash at bank and in hand					3,353			3,327
					5,158			4,587
Creditors: Amounts falling due within one year		3			(1,150)			(983)
Net assets					4,008			3,604
Capital and reserves
Called up share capital		4			16			16
Profit and loss account		5			3,992			3,588
Shareholders' funds					4,008			3,604

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

For the year ending 30 June 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.

Approved and authorised for issue by the Board on 1 March 2016 and signed on its behalf by:

.........................................
D B Smith
Director

The notes on pages 5 to 6 form an integral part of these financial statements.
Page 4

Bayman Manor Residents Association Limited
Notes to the Financial Statements for the Year Ended 30 June 2016
......... continued

1	Accounting policies

Basis of preparation

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 amounts chargeable in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2

Debtors

		2016 £			2015 £
Trade debtors		-			1,260
Other debtors		1,805			-
		1,805			1,260

3	Creditors: Amounts falling due within one year

		2016 £			2015 £
Trade creditors		611			319
Other creditors		539			664
		1,150			983

4	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		16			16			16			16

Page 5

Bayman Manor Residents Association Limited
Notes to the Financial Statements for the Year Ended 30 June 2016
......... continued

5

Reserves

		Profit and loss account £			Total £
At 1 July 2015		3,587			3,587
Profit for the year		405			405
At 30 June 2016		3,992			3,992

Page 6