| North Staffordshire Landlords Association Limited |
| Accountants' Report |
|
|
| Chartered Management Accountants' report to the directors of |
| North Staffordshire Landlords Association Limited |
|
| You consider that the company is exempt from an audit for the year ended 31 March 2015. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. |
| In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. |
| We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. |
|
| AP Accountancy Ltd |
| Chartered Management Accountants |
|
| 34 Birch Valley Road |
| Kidsgrove |
| Stoke-on-Trent |
| Staffordshire |
| ST7 4GN |
|
| 16 June 2015 |
|
| North Staffordshire Landlords Association Limited |
| Registered number: |
04451831 |
| Abbreviated Balance Sheet |
| as at 31 March 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Current assets |
| Debtors |
|
|
928 |
|
|
1,210 |
| Cash at bank and in hand |
|
|
44,897 |
|
|
48,867 |
|
|
|
45,825 |
|
|
50,077 |
|
| Creditors: amounts falling due within one year |
|
|
(1,315) |
|
|
(4,762) |
|
| Net current assets |
|
|
|
44,510 |
|
|
45,315 |
|
| Net assets |
|
|
|
44,510 |
|
|
45,315 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
44,510 |
|
|
45,315 |
|
| Member's funds |
|
|
|
44,510 |
|
|
45,315 |
|
|
|
|
|
|
|
|
| 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 member has 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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| E J Palmer |
| Director |
| Approved by the board on 16 June 2015 |
|
| North Staffordshire Landlords Association Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to memebers and work carried out in respect of services provided to members. |
|
|
Leasing and hire purchase commitments |
|
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.
The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.
Rentals paid under operating leases are charged to income on a straight line basis over the lease term. |
