| Aman Court Limited |
| Registered number: |
01957075 |
| Balance Sheet |
| as at 31 March 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Current assets |
| Cash at bank and in hand |
|
|
28,968 |
|
|
37,429 |
|
| Creditors: amounts falling due within one year |
3 |
|
(2,247) |
|
|
(4,963) |
|
| Net current assets |
|
|
|
26,721 |
|
|
32,466 |
|
| Net assets |
|
|
|
26,721 |
|
|
32,466 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Repair and maintenance reserve |
4 |
|
|
13,599 |
|
|
4,348 |
| Profit and loss account |
|
|
|
13,122 |
|
|
28,118 |
|
| Shareholders' funds |
|
|
|
26,721 |
|
|
32,466 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mrs M Sale |
| Director |
| Approved by the board on 7 September 2017 |
|
| Aman Court Limited |
| Notes to the Accounts |
| for the year ended 31 March 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Income represents flatholders contributions, transfer fees and other items receivable in the year. Service charges receivable are not classed as turnover. |
|
|
Tangible fixed assets |
|
Fixed assets additions are written off to the profit and loss account in full in the year of purchase.
The freehold site at Aman Court, Totland was transferred to the company on 3 September 1987 subject to the interests of the 24 leases. No valuation has been placed on the freehold.
The freehold property in the accounts are in respect of installations at Aman Court, Totland. |
|
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 April 2016 |
6,866 |
|
At 31 March 2017 |
6,866 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2016 |
6,866 |
|
At 31 March 2017 |
6,866 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2017 |
- |
|
|
| 3 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Other creditors |
2,247 |
|
4,963 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Repair and maintenance reserve |
2017 |
|
2016 |
| £ |
£ |
|
|
At 1 April 2016 |
4,348 |
|
4,348 |
|
Transfer from profit and loss account |
9,251 |
|
- |
|
|
At 31 March 2017 |
13,599 |
|
4,348 |
|
|
|
|
|
|
|
|
|
|
The repair and maintenance reserve was created to provide for future major repairs and planned |
|
maintenance. A transfer of £9,251 has been made from the profit and loss account for the year |
|
to equalise the repair and maintenance reserve with the balance on the bank deposit account. |
|
| 5 |
Other information |
|
|
Aman Court Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
8 Gunville Road |
|
Newport |
|
Isle of Wight |
|
PO30 5LB |
