Saxon Grange (Management Company) Limited - Period Ending 2016-09-30

Registration number: 04533237

Saxon Grange (Management Company) Limited

 (A company limited by guarantee)
 
 Abbreviated Accounts
 
 for the Year Ended 30 September 2016
 

Saxon Grange (Management Company) Limited
Abbreviated Balance Sheet at 30 September 2016

		2016 £			2015 £
Current assets
Debtors		6,317			5,966
Creditors: Amounts falling due within one year		(896)			(904)
Net assets		5,421			5,062
Capital and reserves
Other reserves		6			6
Profit and loss account		5,415			5,056
Shareholders' funds		5,421			5,062

For the year ending 30 September 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 .

These accounts were approved by the directors and authorised for issue on 17 November 2016 and are signed on their behalf by:

.........................................
 A.H. Harvey
 Director
 Company Registration Number: 04533237

The notes on page 2 form an integral part of these financial statements.
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Saxon Grange (Management Company) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016

1	Accounting policies

Basis of preparation

The full accounts, 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 gross amounts receivable for service charges and ground rents in the UK.

Operating lease agreements

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

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.

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