Abbreviated Company Accounts - MCMULLAN CLOSE RESIDENTS LIMITED

MCMULLAN CLOSE RESIDENTS LIMITED - Company Information

02390265 MCMULLAN CLOSE RESIDENTS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 02390265 2015-07-01 2016-06-30 02390265 2016-06-30 02390265 2015-06-30 02390265 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 02390265 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-06-30 iso4217:GBP shares

Registered Number 02390265

MCMULLAN CLOSE RESIDENTS LIMITED

Abbreviated Accounts

30 June 2016

MCMULLAN CLOSE RESIDENTS LIMITED Registered Number 02390265

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,876	4,876
		4,876	4,876
Current assets
Debtors		501	1,358
Cash at bank and in hand		-	6,172
		501	7,530
Creditors: amounts falling due within one year		0	(2,814)
Net current assets (liabilities)		501	4,716
Total assets less current liabilities		5,377	9,592
Total net assets (liabilities)		5,377	9,592
Capital and reserves
Called up share capital	3	501	501
Other reserves		0	2,737
Profit and loss account		4,876	6,354
Shareholders' funds		5,377	9,592

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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 March 2017

And signed on their behalf by:
Ms S J Wakefield Jones, Director

MCMULLAN CLOSE RESIDENTS LIMITED Registered Number 02390265

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The financial statements are 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 year ended 30 June 2016. However, reference to information relating to the year ended 30 June 2015 has been made where appropriate.

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents charges to members of the company for the communal services of residents of the property.

Tangible assets depreciation policy
Freehold land is not depreciated.

Other accounting policies
Changes in accounting policies
The company has changed its accounting policy to exclude service charge monies collected and paid for the maintenance of the property, as separate service charge accounts have been prepared.

2Tangible fixed assets

	£
Cost
At 1 July 2015	4,876
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	4,876
Depreciation
At 1 July 2015	0
Charge for the year	-
On disposals	-
At 30 June 2016	0
Net book values
At 30 June 2016	4,876
At 30 June 2015	4,876

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
10 Ordinary shares of £50 each	500	500
5 Founder shares of £0.20 each	1	1