Oaklands Estate Management Co. Limited - Accounts to registrar (filleted) - small 17.3

Oaklands Estate Management Co. Limited - Accounts to registrar (filleted) - small 17.3

OAKLANDS ESTATE MANAGEMENT CO. LIMITED - Company Information

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REGISTERED NUMBER: 03373238















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2017

FOR

OAKLANDS ESTATE MANAGEMENT CO. LIMITED
OAKLANDS ESTATE MANAGEMENT CO. LIMITED (REGISTERED NUMBER: 03373238)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OAKLANDS ESTATE MANAGEMENT CO. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2017







DIRECTORS: Ms C Ball
M Carmody
Ms C E Harrison
A D Jones
N Rnjak





REGISTERED OFFICE: c/o Whitford Estates
45 Penfold Way
Steyning
West Sussex
BN44 3PG





REGISTERED NUMBER: 03373238





ACCOUNTANTS: D A CLARK & CO. LTD.
Bailey House
4-10 Barttelot Road
Horsham
West Sussex
RH12 1DQ
Page 1
OAKLANDS ESTATE MANAGEMENT CO. LIMITED (REGISTERED NUMBER: 03373238)

BALANCE SHEET
31 MAY 2017

31.5.17 31.5.16
Notes £    £   
CURRENT ASSETS
Cash at bank 66,607 62,986

CREDITORS
Amounts falling due within one year 3 1,072 1,076
NET CURRENT ASSETS 65,535 61,910
TOTAL ASSETS LESS CURRENT
LIABILITIES
65,535
61,910

CAPITAL AND RESERVES
Called up share capital 15 15
Retained earnings 65,520 61,895
SHAREHOLDERS' FUNDS 65,535 61,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 29 November 2017 and were signed on its behalf
by:





A D Jones - Director


The notes form part of these financial statements

Page 2
OAKLANDS ESTATE MANAGEMENT CO. LIMITED (REGISTERED NUMBER: 03373238)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017

1. STATUTORY INFORMATION

Oaklands Estate Management Co. Limited is a private company, limited by shares , registered in Not
specified/Other. The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared as the financial statements for the resident management company acting as
principal for all transactions during the year. Because of this, transactions entered into have been recognised in
the profit and loss report, as per guidance from ICAEW under UITF 92 and previous legislation. The cash
balance held by the company is being held on trust for the lessees in accordance with the Landlords and Tenants
Act 1987, and is not an asset of the company.

Turnover
Turnover represents service charges payable towards the management of property known as Oaklands, Oakhill
Road, Horsham, West Sussex

3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.17 31.5.16
£    £   
Trade creditors 262 131
Accrued expenses 810 945
1,072 1,076

4. RESERVES

Profit and Major works TOTALS
loss account reserve fund


At 31 May 2016 4,395 57,500 61,895
Profit for the year 3,625 - 3,625
Transfer to cyclical maintenance (3,500 ) 3,500 -
Balance at 31 May 2017 4,520 61,000 65,520

5. REPAIRS TO PROPERTY

£
Decorating stairs, railings and walls 1,795
Repairs to roof at back of property 650
Scaffolding 550
Quote for roofing work 385
3,380

Page 3