Abbreviated Company Accounts - BORODALE RESIDENTS ASSOCIATION LIMITED

BORODALE RESIDENTS ASSOCIATION LIMITED - Company Information

01850938 BORODALE RESIDENTS ASSOCIATION LIMITED 2016-09-29 false 2015-09-30 2016-09-29 true 01850938 2015-09-30 2016-09-29 01850938 2016-09-29 01850938 2015-09-29 01850938 uk-gaap-cd-bus:Director1 2015-09-30 2016-09-29 01850938 uk-gaap-cd-bus:Director2 2015-09-30 2016-09-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 2016-09-29 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-29 iso4217:GBP shares

Registered Number 01850938

BORODALE RESIDENTS ASSOCIATION LIMITED

Abbreviated Accounts

29 September 2016

BORODALE RESIDENTS ASSOCIATION LIMITED Registered Number 01850938

Abbreviated Balance Sheet as at 29 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	12	12
		12	12
Current assets
Debtors		354	318
Cash at bank and in hand		12	12
		366	330
Creditors: amounts falling due within one year		(354)	(318)
Net current assets (liabilities)		12	12
Total assets less current liabilities		24	24
Total net assets (liabilities)		24	24
Capital and reserves
Called up share capital	3	12	12
Other reserves		12	12
Shareholders' funds		24	24

For the year ending 29 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 27 June 2017

And signed on their behalf by:
L. J. Holding, Director

BORODALE RESIDENTS ASSOCIATION LIMITED Registered Number 01850938

Notes to the Abbreviated Accounts for the period ended 29 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

The company is a non profit making residents management company. All of the members are lessees at the property known as Borodale, Kirkwick Avenue, Harpenden and only lessees may become members of the company. In preparing the financial statements the requirements of the Companies Act 2006 have been adapted, where appropriate, to the particular nature of the company's business.

Turnover policy
Income consists of management fees charged to the Borodale service charge account, under the lease, for the purpose of meeting the company's administration costs and maintaining its registration at Companies House.

Tangible assets depreciation policy
The freehold interest in the property is included at valuation and is not depreciated.

Other accounting policies
Other reserve
The other reserve comprises the surplus arising on valuation of the company's freehold interest in long leasehold property.

Expenditure
Expenditure is accounted for on the accruals basis and includes irrecoverable VAT.

2Tangible fixed assets

	£
Cost
At 30 September 2015	12
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 29 September 2016	12
Depreciation
At 30 September 2015	0
Charge for the year	-
On disposals	-
At 29 September 2016	0
Net book values
At 29 September 2016	12
At 29 September 2015	12

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

	2016 £	2015 £
12 Ordinary shares of £1 each	12	12