| Hunters Gate Residents Company Limited |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Hunters Gate Residents Company Limited for the year ended 30 September 2016 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Hunters Gate Residents Company Limited for the year ended 30 September 2016 which comprise of 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 Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Hunters Gate Residents Company Limited, as a body, in accordance with the terms of our engagement letter dated 9 February 2013. Our work has been undertaken solely to prepare for your approval the accounts of Hunters Gate Residents Company Limited and state those matters that we have agreed to state to the Board of Directors of Hunters Gate Residents Company Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hunters Gate Residents Company Limited and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Hunters Gate Residents Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Hunters Gate Residents Company Limited. You consider that Hunters Gate Residents Company 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 accounts of Hunters Gate Residents Company 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 abbreviated accounts. |
|
| AW & Co Limited |
| Chartered Accountant |
| 37 Wootton Drive |
| Hemel Hempstead |
| Herts |
| HP2 6LA |
|
| 9 May 2017 |
|
| Hunters Gate Residents Company Limited |
| Registered number: |
02731807 |
| Abbreviated Balance Sheet |
| as at 30 September 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Current assets |
| Debtors |
|
|
1,050 |
|
|
1,870 |
| Cash at bank and in hand |
|
|
- |
|
|
8,411 |
|
|
|
1,050 |
|
|
10,281 |
|
| Creditors: amounts falling due within one year |
|
|
- |
|
|
(10,221) |
|
| Net current assets |
|
|
|
1,050 |
|
|
60 |
|
| Net assets |
|
|
|
1,050 |
|
|
60 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
2 |
|
|
175 |
|
|
175 |
| Share premium |
|
|
|
875 |
|
|
875 |
| Profit and loss account |
|
|
|
- |
|
|
(990) |
|
| Shareholders' funds |
|
|
|
1,050 |
|
|
60 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| D.Mason |
| Director |
| Approved by the board on 9 May 2017 |
|
| Hunters Gate Residents Company Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 September 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Service charges |
|
The company is responsible for the management of the common parts in accordance with the lease and collects service charges from the lessees in order to fund expenditure incurred in the management of the property. These service charge funds are held in trust for the lessees as required by the Landlord & Tenant Act 1987. Transactions relating to the management of the property are reported separately to the lessees and are excluded from the company's financial statement. |
|
|
Change in accounting policy |
|
The company acts as trustee of a statutory trust in respect of service charge monies collected for the maintenance of the common parts in accordance with the lease. The company has changed its accounting policy to exclude these funds from the company accounts as a separate sercice charge accounts are prepared. |
|
|
| 2 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£5 each |
|
35 |
|
175 |
|
175 |
|
|
|
|
|
|
|
|
|
