Waterside Village (Lancaster) Management Company Limited - Period Ending 2016-09-30

Registration number: 04286660

Waterside Village (Lancaster) Management Company Limited

(A company limited by guarantee)

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2016
 

Harrison Salmon Associates
Chartered Certified Accountants
7 Towngate
Leyland
Lancashire
PR25 2EN

Waterside Village (Lancaster) Management Company Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Waterside Village (Lancaster) Management 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 accounts of Waterside Village (Lancaster) Management Company Limited for the year ended 30 September 2016 set out on pages 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://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Waterside Village (Lancaster) Management Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Waterside Village (Lancaster) Management Company Limited and state those matters that we have agreed to state to them, 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/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Waterside Village (Lancaster) Management Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Waterside Village (Lancaster) Management 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 Waterside Village (Lancaster) Management Company Limited. You consider that Waterside Village (Lancaster) Management 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 Waterside Village (Lancaster) Management 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 statutory accounts.

......................................

Harrison Salmon Associates
Chartered Certified Accountants
7 Towngate
Leyland
Lancashire
PR25 2EN

12 June 2017

Page 1

Waterside Village (Lancaster) Management Company Limited
(Registration number: 04286660)
Abbreviated Balance Sheet at 30 September 2016

		Note			2016 £			2015 £
Current assets
Debtors					18,347			17,332
Cash at bank and in hand					19,762			9,535
					38,109			26,867
Creditors: Amounts falling due within one year					(3,017)			(2,540)
Net assets					35,092			24,327
Capital and reserves
Profit and loss account					35,092			24,327
Shareholders' funds					35,092			24,327

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 12 June 2017 and signed on its behalf by:

.........................................
Mr D Bradbury
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Waterside Village (Lancaster) Management Company Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

2	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £nil towards the assets of the company in the event of liquidation.

Page 3