Abbreviated Company Accounts - 23-25 RUTLAND GATE FREEHOLD LIMITED
Abbreviated Company Accounts - 23-25 RUTLAND GATE FREEHOLD LIMITED
Registered Number 06840869
23-25 RUTLAND GATE FREEHOLD LIMITED
Abbreviated Accounts
31 March 2015
23-25 RUTLAND GATE FREEHOLD LIMITED Registered Number 06840869
Abbreviated Balance Sheet as at 31 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
For the year ending 31 March 2015 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
And signed on their behalf by:
23-25 RUTLAND GATE FREEHOLD LIMITED Registered Number 06840869
Notes to the Abbreviated Accounts for the period ended 31 March 2015
1Accounting Policies
Basis of measurement and preparation of accounts
The principal activity of the company continued to be that of the management and administration, on a non profit making basis, of the commercial areas relating to the development on behalf of the property owners, lessees, or tenants. The company has no income or expenditure in its own right. All transactions in the year relate to maintenance of the common parts in accordance with the lease. Income and expenditure arising from these transactions is shown in separate service charge accounts for the property that do not form part of the annual accounts of the company and are not filed at Companies House.
A statutory trust is imposed over all service charge monies received under Section 42 of the Landlord and Tenant Act 1987. The residential management company acts as a trustee in this capacity. The balance of funds held at the year end totals £94,684 with expenditure of £126,399 incurred for the period under review.
Tangible assets depreciation policy
Land and buildings Freehold
£ | |
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Cost | |
At 1 April 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2015 |
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Depreciation | |
At 1 April 2014 |
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Charge for the year |
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On disposals |
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At 31 March 2015 |
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Net book values | |
At 31 March 2015 | 111,411 |
At 31 March 2014 | 111,411 |