The Fenlake Road Management Company Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04262957

THE FENLAKE ROAD BEDFORD MANAGEMENT

COMPANY LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A S Bahel

S S Bahel

C R Spriggs

J P Page

R S Bahel

SECRETARY:

C W Little

REGISTERED OFFICE:

2nd Floor Exchange Building

16 St Cuthberts Street

Bedford

Bedfordshire

MK403JG

REGISTERED NUMBER:

04262957

FIXED ASSETS

Tangible assets

2

565

646

CURRENT ASSETS

Debtors

-

938

CREDITORS

Amounts falling due within one year

3,094

8,132

NET CURRENT LIABILITIES

(3,094

)

(7,194

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,529

)

(6,548

)

CAPITAL AND RESERVES

Called up share capital

3

18

Profit and loss account

(2,547

)

(6,566

)

SHAREHOLDERS' FUNDS

(2,529

)

(6,548

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 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 31 January 2017 and were signed on its behalf by:

C R Spriggs - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis with the ongoing support of the company's creditors.

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 January 2015).

Turnover

Ordinarily turnover represents monies collected from the freehold property owners on The Fenlake Road Industrial Estate

for current and future costs in relation to the maintenance and upkeep of the estate. Such monies are accounted for as and

when received. However in the year indebtedness of £4,931 was waived.

Tangible fixed assets

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

Freehold property

-

5% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

1,618

DEPRECIATION

At 1 September 2015

972

Charge for year

81

At 31 August 2016

1,053

NET BOOK VALUE

At 31 August 2016

565

At 31 August 2015

646

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2016

2015

value:

£

18

Ordinary shares

£1

18