Barrows Mount Management Company Limited - Limited company - abbreviated - 11.6

BARROWS MOUNT MANAGEMENT COMPANY LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss S J Denbee

SECRETARY:

M A Mages

REGISTERED OFFICE:

c/o four fifty partnership

Bath Street

Cheddar

Somerset

BS27 3AA

REGISTERED NUMBER:

06121139 (England and Wales)

ACCOUNTANTS:

four fifty partnership

Chartered Accountants

Bath Street

Cheddar

Somerset

BS27 3AA

CREDITORS

Amounts falling due within one year

3,089

1,974

NET CURRENT LIABILITIES

(3,089

)

(1,974

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,089

)

(1,974

)

RESERVES

Income and expenditure account

(3,089

)

(1,974

)

(3,089

)

(1,974

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 surplus or deficit 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 8 November 2014 and were signed by:

Miss S J Denbee - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis, which assumes the company

will continue in operational existence for the foreseeable future. At 28 February 2014 the company

had net current liabilities of £3,089 (2013 £1,974) and a net liabilities position of £3,089 (2013

£1,974). The director has considered the position of the company with respect to its obligations to

ensure the business can continue in operational existence.

The director will not request repayment of her loan until the company has sufficient funds to repay

it.

On this basis, the director considers it appropriate to prepare financial statements on a going

concern basis. The financial statements do not include any adjustments that would result from the

failure to achieve this assumption.

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 April 2008).

2.	SHARE CAPITAL

The company is limited by guarantee and therefore has no share capital. In the event of a winding

up, each members' liability will be limited to £1.