Greenbriars Management Company Ltd,Ltd - Accounts

Greenbriars Management Company Ltd,Ltd - Accounts

GREENBRIARS MANAGEMENT COMPANY LIMITED - Company Information

Print Friendly Version

2013-04-01 true false Private Limited Company 02913889 2014-03-31 02913889 2013-04-01 2014-03-31 02913889 2013-03-31 02913889 2012-04-01 2013-03-31 02913889 uk-bus:Director1 2013-04-01 2014-03-31 02913889 uk-gaap:FixturesFittings 2013-04-01 2014-03-31 iso4217:GBP
Greenbriars Management Company Ltd
For the year ended 31 March 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 02913889
2
Contents Page
Greenbriars Management Company Ltd
For the year ended 31 March 2014
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
3
Greenbriars Management Company Ltd
Chartered Accountants' Report
For the year ended 31 March 2014
Chartered Accountants' Report to the Board of Directors
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the
accounts of Greenbriars Management Company Ltd for the year ended 31 March 2014 which comprise the Profit
and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from
information and explanations you have given us.
As a practising firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its
ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Greenbriars Management Company Ltd, as a body, in
accordance with the terms of our engagement letter dated 4 January 2006. Our work has been undertaken solely to
prepare for your approval the accounts of Greenbriars Management Company Ltd and state those matters that we
have agreed to state to the Board of Directors of Greenbriars Management Company Ltd, as a body, in this report
in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than Greenbriars Management Company Ltd and its Board of
Directors as a body for our work or for this report.
It is your duty to ensure that Greenbriars Management Company Ltd has kept adequate accounting records to
prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of
Greenbriars Management Company Ltd. You consider that Greenbriars Management Company Ltd 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 Greenbriars Management
Company Ltd. 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.
Avalon Accounting
Chartered Accountants
11 Penny Close
Longlevens
Gloucester
GL2 0NP
1 of 3
4
Abbreviated Balance Sheet
Greenbriars Management Company Ltd
As at 31 March 2014
02913889
Registered Number :
£
£
2014
Notes
2013
Fixed assets
Tangible assets
2
4,129
4,242
4,129
4,242
Current assets
Cash at bank and in hand
2,268
2,287
2,268
2,287
Creditors: amounts falling due within one year
(199)
(390)
2,088
1,878
Net current assets
Total assets less current liabilities
6,007
6,330
6,007
Net assets
6,330
Capital and reserves
Called up share capital
8
8
Profit and loss account
5,999
6,322
6,007
6,330
Shareholders funds
For the year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) 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.
Date approved by the board: 26 November 2014
T Busswell Director
Signed on behalf of the board of directors
2 of 3
5
Notes to the Abbreviated Financial Statements
Greenbriars Management Company Ltd
For the year ended 31 March 2014
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises member contributions and refunds of heat and light expenses.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings
15% Straight line
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
4,280
At 01 April 2013
At 31 March 2014
4,280
Depreciation
38
At 01 April 2013
113
Charge for year
151
At 31 March 2014
Net book values
At 31 March 2014
4,129
4,242
At 31 March 2013
3 of 3