Glenside Court Brighton Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05118823 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 24 March 2014

for

GLENSIDE COURT BRIGHTON LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

4

DIRECTORS:

I P Watson

Ms N Day-Garman

Ms L Dorrian

SECRETARY:

Ms L Dorrian

REGISTERED OFFICE:

2 Church Street

Brighton

East Sussex

BN1 1UJ

REGISTERED NUMBER:

05118823 (England and Wales)

ACCOUNTANTS:

Chambers & Co Accountants LLP

2 Church Street

Brighton

East Sussex

BN1 1UJ

FIXED ASSETS

Tangible assets

2

71,726

71,726

CURRENT ASSETS

Cash in hand

8

8

CREDITORS

Amounts falling due within one year

300

288

NET CURRENT LIABILITIES

(292

)

(280

)

TOTAL ASSETS LESS CURRENT LIABILITIES

71,434

71,446

CREDITORS

Amounts falling due after more than one year

60,126

60,126

NET ASSETS

11,308

11,320

CAPITAL AND RESERVES

Called up share capital

3

8

8

Profit and loss account

11,300

11,312

SHAREHOLDERS' FUNDS

11,308

11,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 profit or loss 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 Board of Directors on 6 November 2014 and were signed on its behalf by:

I P Watson - Director

1.	ACCOUNTING POLICIES

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).

Turnover

Turnover represents ground rent received and additional contributions towards costs received from the

lessee/shareholders.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

Nil

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 25 March 2013

and 24 March 2014

71,726

NET BOOK VALUE

At 24 March 2014

71,726

At 24 March 2013

71,726

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

8

Ordinary

£1

8

8

4.	ULTIMATE CONTROLLING PARTY

Each lessee of Glenside Court, 37 Marine Parade, Brighton, East Sussex has an equal shareholding in

the company, therefore there is no single controlling party.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Glenside Court Brighton Limited for the year ended 24 March 2014 which

comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its

ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Glenside Court Brighton Limited, as a body, in

accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval

the financial statements of Glenside Court Brighton Limited and state those matters that we have agreed to

state to the Board of Directors of Glenside Court Brighton Limited, as a body, in this report in accordance with

the requirements of the Association of Chartered Certified Accountants as detailed at

http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this

report.

It is your duty to ensure that Glenside Court Brighton Limited has kept adequate accounting records and to

prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position

and loss of Glenside Court Brighton Limited. You consider that Glenside Court Brighton Limited is exempt

from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Glenside Court

Brighton Limited. For this reason, we have not verified the accuracy or completeness of the accounting

records or information and explanations you have given to us and we do not, therefore, express any opinion

on the statutory financial statements.

Chambers & Co Accountants LLP

2 Church Street

Brighton

East Sussex

BN1 1UJ

Date: .............................................