12 LOWER OLDFIELD PARK MANAGEMENT COMPANY LIMITED


1 July 2015 true false 66260232015-06-30 66260232015-07-012016-06-30 66260232016-06-30 6626023uk-bus:Director12015-07-012016-06-30 iso4217:GBP
Company Registration No. 6626023 (England and Wales)
12 LOWER OLDFIELD PARK MANAGEMENT COMPANY LIMITED Abbreviated unaudited accounts for the year ended 30 June 2016
12 LOWER OLDFIELD PARK MANAGEMENT COMPANY LIMITED Abbreviated Balance Sheet as at 30 June 2016
2016 
Notes
£ 
Current assets
Debtors
1,309 
Cash at bank and in hand
219 
1,528 
Creditors: amounts falling due within one year
(1,050)
Net current assets
478 
Net assets
478 
Reserves
Profit and loss account
478 
Members' funds
478 
For the year ending 30 June 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 16 March 2017
R LLEWELLYN Director Company Registration No. 6626023
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12 LOWER OLDFIELD PARK MANAGEMENT COMPANY LIMITED Notes to the Abbreviated Accounts for the year ended 30 June 2016
1
Accounting policies
Basis of preparation
The accounts 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 the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
2
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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