Dorchester Place (Bournemouth) Ltd - Period Ending 2016-12-25

For the financial year ending 25 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime and the option not to file a profit and loss account has been taken.

The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:
• The members have not required the company to obtain an audit of its accounts for the year in accordance with section 476
• 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 delivered in accordance with the provisions applicable to companies subject to the small companies' regime of the Companies Act 2006

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The income and expenditure arising from the operation of Dorchester Place property service charge fund has been included in separately prepared residential property service charge accounts. We consider this treatment to be fair and reasonable on the grounds that Dorchester Place (Bournemouth) Ltd has never traded and that any service charge monies collected from lessees should be treated as if they have been 'held on trust' of the lessees.