Gatehampton Management Company Limited - Limited company accounts 11.7

REGISTERED NUMBER: 02684276 (England and Wales)

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

GATEHAMPTON MANAGEMENT COMPANY LIMITED

Page

Company Information

1

Report of the Directors

2

Report of the Accountants

3

Profit and Loss Account

4

Balance Sheet

5

Notes to the Financial Statements

6

DIRECTORS:

M A Winch

Mr R D G Lomas

Mr L H Pyke

SECRETARY:

Mortimer Secretaries Limited

REGISTERED OFFICE:

John Mortimer Property Management Ltd

Bagshot Road

Bracknell

Berkshire

RG12 9SE

REGISTERED NUMBER:

02684276 (England and Wales)

ACCOUNTANTS:

Kirk Rice LLP

The Courtyard

High Street

Ascot

Berkshire

SL5 7HP

The directors present their report with the financial statements of the company for the year ended 31 March 2015.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the administration of variable service charges

as agents of the statutory trust for the residents of Queens Court, Gatehampton Road, Goring On Thames, Reading, RG8

0EW.

The company has no income or expenditure in its own right, all transactions in the year being related to the maintenance

of the common parts in accordance with the lease. Service charges collected are held on trust for the purpose of meeting

the relevant costs in relation to the property in accordance with the provision of section 42 of the Landlord and Tenant

Act 1987.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2014 to the date of this report.

M A Winch

Mr R D G Lomas

Mr L H Pyke

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:

Mortimer Secretaries Limited - Secretary

1 June 2015

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2015 set out on pages four to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Kirk Rice LLP

The Courtyard

High Street

Ascot

Berkshire

SL5 7HP

16 June 2015

TURNOVER

-

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

-

Tax on profit on ordinary activities

3

-

PROFIT FOR THE FINANCIAL YEAR

-

CURRENT ASSETS

Debtors

4

16

TOTAL ASSETS LESS CURRENT
LIABILITIES

16

CAPITAL AND RESERVES

Called up share capital

5

16

SHAREHOLDERS' FUNDS

16

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 9 June 2015 and were signed on its behalf by:

Mr R D G Lomas - 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).

The company was dormant throughout the current year and previous year.

Service charges

The company is responsible for the management of Queens Court and collects service charges from lessees in

order to fund expenditure incurred in the management of the property. These service charge funds are held in

trust for the lessees as required by the Landlord and Tenant Act 1987. Transactions relating to the management

of the property are reported separately to the lessees and are excluded from the company's financial statements.

2.	OPERATING PROFIT

The operating profit is stated after charging:

2015

2014

£

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 2015 nor for the year

ended 31 March 2014.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2015

2014

£

Other debtors

16

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

16

Ordinary Shares

£1

16

6.

RESERVES

Profit

and loss

account

£

Profit for the year

-

At 31 March 2015

-