Micro-entity Accounts - CAFFYNS RISE PROPERTY MANAGEMENT COMPANY LIMITED

CAFFYNS RISE PROPERTY MANAGEMENT COMPANY LIMITED - Company Information

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Registered Number 03833080

CAFFYNS RISE PROPERTY MANAGEMENT COMPANY LIMITED

Micro-entity Accounts

31 December 2016

CAFFYNS RISE PROPERTY MANAGEMENT COMPANY LIMITED Registered Number 03833080

Micro-entity Balance Sheet as at 31 December 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		5	5
Current Assets		1,962	1,828
Net current assets (liabilities)		1,962	1,828
Total assets less current liabilities		1,967	1,833
Total net assets (liabilities)		1,967	1,833
Capital and reserves
Called up share capital	1	5	5
Other reserves		1,828	1,355
Profit and loss account		134	473
Shareholders' funds		1,967	1,833

For the year ending 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 August 2017

And signed on their behalf by:
Colin Arenstein, Director
Leigh Trinder, Director

CAFFYNS RISE PROPERTY MANAGEMENT COMPANY LIMITED Registered Number 03833080

Notes to the Micro-entity Accounts for the period ended 31 December 2016

1Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
5 Ordinary shares of £1 each	5	5

2Accounting 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 April 2008.

Turnover policy
The Company does not trade or provide services, hence all income to the company is by subscription. There is no additional income from outside sources excepting a small loyalty discount from the company bank account. The primary income comes from each of the 5 households served by the sewage pumping station, who contribute equally to the upkeep and maintenance of the facility.

Tangible assets depreciation policy
Total net assets are reflective of the sums available through cash at bank or in hand.

Other accounting policies
Shareholders Funds:
The total investment from all shareholders made during the course of the year amounted to £960 through subscriptions. There have been no withdrawals or dividends.

Explanation of the Profit & Loss:
The company does not have any gains or losses other than the profit and loss for the period to report.

The accounts have been prepared based upon an analysis of the income from the subscribing households and the outgoings associated with maintenance costs; power consumption and Bank/Other charges directly related to the maintenance of the Sewage Pumping station.

The Profit and Loss is made up from the following data:
Income from each Household generally accrues at £20pcm (see shareholders fund note) amounting to £960.00 for the year plus 1) an additional Bank loyalty discount of £8.60 and 2) Two refunds from Southern Electric amounting to £22.23. Total Income £990.83;
Outgoings consisted of 1) Electricity £81.00; 2) Gross Bank Charges £86.10; 3) Pump Maintenance (Willow Pumps Ltd) £690.00. TOTAL: £857.10.
Income (£990.83) less Outgoings (£857.10) renders a PROFIT/LOSS of £133.73