Abbreviated Company Accounts - SECTORHAVEN RESIDENTS MANAGEMENT LIMITED

SECTORHAVEN RESIDENTS MANAGEMENT LIMITED - Company Information

02115094 SECTORHAVEN RESIDENTS MANAGEMENT LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 02115094 2015-10-01 2016-09-30 02115094 2016-09-30 02115094 2015-09-30 02115094 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 02115094 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 02115094

SECTORHAVEN RESIDENTS MANAGEMENT LIMITED

Abbreviated Accounts

30 September 2016

SECTORHAVEN RESIDENTS MANAGEMENT LIMITED Registered Number 02115094

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	9,000	9,000
		9,000	9,000
Current assets
Debtors		8,730	1,593
Cash at bank and in hand		2,144	1,691
		10,874	3,284
Creditors: amounts falling due within one year		(11,953)	(2,059)
Net current assets (liabilities)		(1,079)	1,225
Total assets less current liabilities		7,921	10,225
Total net assets (liabilities)		7,921	10,225
Capital and reserves
Called up share capital	3	9	9
Other reserves		28,680	28,680
Profit and loss account		(20,768)	(18,464)
Shareholders' funds		7,921	10,225

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.

Approved by the Board on 19 June 2017

And signed on their behalf by:
Mr G J Marsden, Director

SECTORHAVEN RESIDENTS MANAGEMENT LIMITED Registered Number 02115094

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents amounts receivable for service charges, and levies.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold Nil depreciation

Other accounting policies
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).

Cyclical maintenance fund

The cyclical maintenance fund has been established to provide adequate funds to meet the costs of the scheduled redecoration of the development.

Sinking fund

The sinking fund has been established to provide funds in order to pay for major repairs which are expected to arise in the future. The present level of the fund may prove insufficient, given the uncertainty as to when such costs may arise. Any shortfall in the fund resulting from expenditure incurred will be charged to the revenue account in the year.

2Tangible fixed assets

	£
Cost
At 1 October 2015	9,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	9,000
Depreciation
At 1 October 2015	-
Charge for the year	-
On disposals	-
At 30 September 2016	-
Net book values
At 30 September 2016	9,000
At 30 September 2015	9,000

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

	2016 £	2015 £
9 Ordinary shares of £1 each	9	9