63/65 Haverstock Hill (Management) Limit - Limited company accounts 16.3

REGISTERED NUMBER: 01048896 (England and Wales)

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 24 June 2016

for

63/65 Haverstock Hill (Management)

Limited

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

P T Allen

N S Shaldon

Ms A J Keyse

SECRETARY:

P T Allen

REGISTERED OFFICE:

Flat 10 63 Haverstock Hill

Hampstead London

NW3 4SL

REGISTERED NUMBER:

01048896 (England and Wales)

ACCOUNTANTS:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

The directors present their report with the financial statements of the company for the year ended 24 June 2016.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of a residents association.

There is minimal activity during the year as the company is acting as a flat management company. All service charge

amounts are held on trust and are usable at the discretion of the tenants, consequently no related figures have been

recognised in the accounts during the year.

DIRECTORS

The directors shown below have held office during the whole of the period from 25 June 2015 to the date of this report.

P T Allen

N S Shaldon

Ms A J Keyse

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

P T Allen - Director

24 February 2017

TURNOVER

-

-

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

2

-

-

Tax on profit on ordinary activities

3

-

-

PROFIT FOR THE FINANCIAL YEAR

-

-

FIXED ASSETS

Tangible assets

4

12

12

TOTAL ASSETS LESS CURRENT LIABILITIES

12

12

CAPITAL AND RESERVES

Called up share capital

5

12

12

SHAREHOLDERS' FUNDS

12

12

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 June 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Directors on 24 February 2017 and were signed on its behalf by:

P T Allen - 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.

Tangible fixed assets

The company has not charged any depreciation on the freehold property as the carrying value is considered to

represent the company's interest in the freehold land only.

Flat management company accounting

There is minimal activity during the year as the company is acting as a flat management company. All service

charge amounts are held in trust and are usable at the discretion of the tenants, consequently no related figures

have been recognised in the accounts during the year.

2.	OPERATING PROFIT

The operating profit is stated after charging:

2016

2015

£

£

Directors' remuneration and other benefits etc

-

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 24 June 2016 nor for the year

ended 24 June 2015.

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 25 June 2015

and 24 June 2016

12

NET BOOK VALUE

At 24 June 2016

12

At 24 June 2015

12

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

12

Ordinary

£1

12

12

6.

RESERVES

Profit

and loss

account

£

Profit for the year

-

At 24 June 2016

-

7.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.