Abbreviated Company Accounts - STRUTTON COURT (SW1) LIMITED

Abbreviated Company Accounts - STRUTTON COURT (SW1) LIMITED


Registered Number 01719128

STRUTTON COURT (SW1) LIMITED

Abbreviated Accounts

24 March 2015

STRUTTON COURT (SW1) LIMITED Registered Number 01719128

Abbreviated Balance Sheet as at 24 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 600 600
600 600
Current assets
Debtors 4,867 4,297
Cash at bank and in hand - 50,113
4,867 54,410
Creditors: amounts falling due within one year (971) (8,749)
Net current assets (liabilities) 3,896 45,661
Total assets less current liabilities 4,496 46,261
Total net assets (liabilities) 4,496 46,261
Capital and reserves
Called up share capital 3 12 12
Other reserves 4,484 46,249
Shareholders' funds 4,496 46,261
  • For the year ending 24 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 22 December 2015

And signed on their behalf by:
R.J. TARLING, Director

STRUTTON COURT (SW1) LIMITED Registered Number 01719128

Notes to the Abbreviated Accounts for the period ended 24 March 2015

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
Turnover in 2014 represented service charges receivable.

Tangible assets depreciation policy
No depreciation is provided on the head leasehold.

Other accounting policies
Service charge accounts

In previous years, service charge income and expenditure was reflected in the financial statements of Strutton Court (SW1) Limited, the service charges collected being held on trust for the purpose of section 42 of the Landlord and Tenant Act 1987.

In view of the changes being implemented in relation to the accounting of service charge trust monies, with effect from the 2015 financial year, these transactions are no longer being reflected in the financial statements of the company, but are being shown separately within the service charge accounts presenting to the lessees.

Comparative figures for the position as at 24th March 2014 are shown in these financial statements to reflect the transactions dealt with on the former basis, with no restatement thereof.

2Tangible fixed assets
£
Cost
At 25 March 2014 600
Additions -
Disposals -
Revaluations -
Transfers -
At 24 March 2015 600
Depreciation
At 25 March 2014 -
Charge for the year -
On disposals -
At 24 March 2015 -
Net book values
At 24 March 2015 600
At 24 March 2014 600

Tangible assets represents the valuation of the head lease on acquisition.

3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
12Ordinary shares of £1 each 12 12