Abbreviated Company Accounts - FREELAND COURT MANAGEMENT COMPANY LIMITED

FREELAND COURT MANAGEMENT COMPANY LIMITED - Company Information

Registered Number 01525693

FREELAND COURT MANAGEMENT COMPANY LIMITED

Abbreviated Accounts

23 September 2014

FREELAND COURT MANAGEMENT COMPANY LIMITED Registered Number 01525693

Abbreviated Balance Sheet as at 23 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,845	1,845
		1,845	1,845
Current assets
Debtors		8,260	5,868
Cash at bank and in hand		555	555
		8,815	6,423
Creditors: amounts falling due within one year		(3,021)	(2,955)
Net current assets (liabilities)		5,794	3,468
Total assets less current liabilities		7,639	5,313
Total net assets (liabilities)		7,639	5,313
Capital and reserves
Called up share capital		110	110
Profit and loss account		7,529	5,203
Shareholders' funds		7,639	5,313

For the year ending 23 September 2014 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 23 July 2015

And signed on their behalf by:
M HOLME, Director

FREELAND COURT MANAGEMENT COMPANY LIMITED Registered Number 01525693

Notes to the Abbreviated Accounts for the period ended 23 September 2014

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.

Turnover policy
The turnover represents amounts recoverable from tenants for service charges for the year and is wholly carried out within the United Kingdom.

2Tangible fixed assets

	£
Cost
At 24 September 2013	1,845
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 23 September 2014	1,845
Depreciation
At 24 September 2013	-
Charge for the year	-
On disposals	-
At 23 September 2014	-
Net book values
At 23 September 2014	1,845
At 23 September 2013	1,845

The directors consider that there is no need to provide for depreciation of the Freehold Interest as they consider it to be an appreciating asset.