Westview & Westleigh Management Company Limited - Period Ending 2015-05-31

Registration number: 02453157

Westview & Westleigh Management Company Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 May 2015
 

Jon Ransom FCA
Chartered Accountants
Office 7, Unit 16
Dinan Way Trading Estate
Concorde Road
EXMOUTH
Devon
EX8 4RS

Westview & Westleigh Management Company Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Westview & Westleigh Management Company Limited
(Registration number: 02453157)
Abbreviated Balance Sheet at 31 May 2015

		Note			2015 £			2014 £
Current assets
Debtors					3,917			4,667
Cash at bank and in hand					3,433			2,431
					7,350			7,098
Creditors: Amounts falling due within one year					(3,172)			(3,036)
Net assets					4,178			4,062
Capital and reserves
Called up share capital		2			16			16
Share premium account					178			178
Profit and loss account					3,984			3,868
Shareholders' funds					4,178			4,062

For the year ending 31 May 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 February 2016 and signed on its behalf by:

.........................................
Mrs L Greenhead
Director

.........................................
Mrs J A Mills
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Westview & Westleigh Management Company Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 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).

Turnover

Turnover represents amounts chargeable to members in respect of expenditure plus a small amount of surplus

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

	2015						2014
		No.			£			No.			£
Ordinary Share capital of £1 each		16			16			16			16

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