Beach Court Management (Walmer) Limited - Limited company accounts 11.6

REGISTERED NUMBER: 01578372 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

BEACH COURT MANAGEMENT (WALMER) LIMITED

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

Ms J D Leeming

D P S Dickinson

Ms R K Wallace

M J Hesse

SECRETARY:

Mrs D Thomas

REGISTERED OFFICE:

Flat 4, Beach Court

35 The Beach

Walmer

DEAL

Kent

CT14 7HN

REGISTERED NUMBER:

01578372 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

The directors present their report with the financial statements of the company for the year ended 31 March 2014.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of managing and maintaining the freehold

property and flats comprising Beach Court, 35 The Beach, Walmer, Deal, Kent, CT14 7HN.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2013 to the date of this report.

Ms J D Leeming

D P S Dickinson

Ms R K Wallace

Other changes in directors holding office are as follows:

Mrs J A Hills - resigned 17 January 2014

M J Hesse - appointed 4 March 2014

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

D P S Dickinson - Director

29 December 2014

TURNOVER

250

Administrative expenses

250

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

-

Tax on profit on ordinary activities

3

-

PROFIT FOR THE FINANCIAL YEAR

-

FIXED ASSETS

Tangible assets

4

1,666

CURRENT ASSETS

Debtors

5

-

5,005

Cash at bank

11,325

6,059

11,325

11,064

CREDITORS

Amounts falling due within one year

6

261

-

NET CURRENT ASSETS

11,064

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,730

CREDITORS

Amounts falling due after more than one
year

7

1,666

NET ASSETS

11,064

CAPITAL AND RESERVES

Called up share capital

8

4

Profit and loss account

9

11,060

SHAREHOLDERS' FUNDS

11,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 17 December 2014 and were signed on its behalf
by:

D P S Dickinson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

All transactions during the year in respect of service charge income and related expenditure were entered into on

behalf of the leaseholders and income and expenditure arising from these transactions are shown in a separate

service charge statement which does not form part of the annual accounts of the company and is not filed at

Companies House.

Turnover

Turnover represents ground rents receivable during the year from the flats' leaseholders and premiums received

for granting extensions to leases.

The company accounts for monies directly related to its ownership of the freehold (such as ground rent and

receipts in respect of the renewal/extension of leases) and makes a contribution to the service charge account in

respect of the company's running costs. All remaining monies held in the bank account in the company name are

held on trust for the leaseholders of Beach Court and all other transactions were entered into on behalf of the

leaseholders.

Contractual commitments

The company contracts with third parties in its own name for the supply of services to the property for the

maintenance of the common parts in accordance with the terms of the leases. At the year end the company had

not entered into any non-cancellable contractual commitments.

2.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.14

31.3.13

£

Directors' remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 March 2014 nor for the year

ended 31 March 2013.

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2013

and 31 March 2014

1,666

NET BOOK VALUE

At 31 March 2014

1,666

At 31 March 2013

1,666

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.14

31.3.13

£

Amounts due from leaseholders

-

5,005

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.14

31.3.13

£

Amounts held on behalf of

leaseholders

261

-

261

-

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.14

31.3.13

£

Amounts due to members

1,666

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

4

Ordinary shares

£1

4

9.

RESERVES

Profit

and loss

account

£

At 1 April 2013

11,060

Profit for the year

-

At 31 March 2014

11,060