11 Park Road Management Company Limited - Period Ending 2015-03-31

Company registration number: 01102374

11 Park Road Management Company Limited
 
  Annual Report and Unaudited Abbreviated Accounts
 
  Year Ended 31 March 2015
 

Beresfords
  Chartered Accountants
  Castle House
  Castle Hill Avenue
  Folkestone
  Kent
  CT20 2TQ

11 Park Road Management Company Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3

11 Park Road Management Company Limited
(Company registration number: 01102374)
Abbreviated Balance Sheet
31 March 2015

		Note			31 March 2015 £			31 March 2014 £
Current assets
Debtors					406			192
Cash at bank and in hand					5,015			4,819
					5,421			5,011
Creditors: Amounts falling due within one year					(467)			(738)
Net assets					4,954			4,273
Capital and reserves
Called up share capital		2			60			60
Income and expenditure account					4,894			4,213
Members' funds					4,954			4,273

The notes on page 3 form an integral part of these financial statements.
 
  Page 1

11 Park Road Management Company Limited
(Company registration number: 01102374)
Abbreviated Balance Sheet
31 March 2015......... continued

For the year ending 31 March 2015 the company was entitled to exemption from audit 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 19 October 2015 and signed on its behalf by:

 
 
 
  .........................................
 Mr E Rex
 Director

The notes on page 3 form an integral part of these financial statements.
 
  Page 2

11 Park Road Management Company Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2015......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Turnover

Income represents service charges receivable from the residential lessees

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	31 March 2015						31 March 2014
		No.			£			No.			£
Ordinary shares of £1 each		60			60			60			60

3

Control

The company is controlled by the residential lessees.

Page 3