Abbreviated Company Accounts - PRS72 MANAGEMENT COMPANY LIMITED

Abbreviated Company Accounts - PRS72 MANAGEMENT COMPANY LIMITED

PRS72 MANAGEMENT COMPANY LIMITED - Company Information

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Registered Number 07477269

PRS72 MANAGEMENT COMPANY LIMITED

Abbreviated Accounts

31 December 2013

PRS72 MANAGEMENT COMPANY LIMITED Registered Number 07477269

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets - -
Tangible assets 3 - 54,000
Investments - -
- 54,000
Current assets
Stocks - -
Debtors - -
Investments - -
Cash at bank and in hand - -
- -
Prepayments and accrued income - -
Creditors: amounts falling due within one year 0 (54,000)
Net current assets (liabilities) 0 (54,000)
Total assets less current liabilities 0 0
Creditors: amounts falling due after more than one year 0 -
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 0 0
Reserves
Revaluation reserve 0 0
Other reserves 0 0
Income and expenditure account 0 0
Members' funds 0 0
  • For the year ending 31 December 2013 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 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.

Approved by the Board on 31 December 2013

And signed on their behalf by:
Stuart Philip Duff, Director

PRS72 MANAGEMENT COMPANY LIMITED Registered Number 07477269

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting 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.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 January 2013 54,000
Additions -
Disposals (54,000)
Revaluations -
Transfers -
At 31 December 2013 0
Depreciation
At 1 January 2013 -
Charge for the year -
On disposals -
At 31 December 2013 -
Net book values
At 31 December 2013 0
At 31 December 2012 54,000

Freehold of 72 Park Road South was purchased with £54,000 of Directors' Loans. The loans were repaid by means of the grant of leases for Flats 4 and 7, and the replacement of leases of Flats 1, 2, 3, 5 and 5a. Flat 5a was also renamed as Flat 6