Orchard Rise (Taunton) Management Company Limited - Period Ending 2016-08-31

 
 
 
 
 
 
 
  Orchard Rise (Taunton) Management Company Limited
 (A company limited by guarantee)
 
  Unaudited Abbreviated Accounts
  Year Ended 31 August 2016
 
  Company Registration Number: 07358721

Orchard Rise (Taunton) Management Company Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3

Orchard Rise (Taunton) Management Company Limited
Abbreviated Balance Sheet
31 August 2016

		Note			2016 £			2015 £
Current assets
Cash at bank and in hand					910			1,033
Creditors: Amounts falling due within one year					(695)			(695)
Net assets					215			338
Capital and reserves
Profit and loss account					215			338
Shareholders' funds					215			338

The notes on page 3 form an integral part of these financial statements.
Page 1

Orchard Rise (Taunton) Management Company Limited
Abbreviated Balance Sheet
31 August 2016 ......... continued

For the year ending 31 August 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 22 December 2016 and signed on its behalf by:

Mr I Purchase
Director

Mrs A Trott
Director

Company Registration Number: 07358721

The notes on page 3 form an integral part of these financial statements.
Page 2

Orchard Rise (Taunton) Management Company Limited
Notes to the Abbreviated Accounts
Year Ended 31 August 2016 ......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 fair value of consideration, excluding Value Added Tax, in the ordinary course of business for goods and services provided.

2	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

Page 3