Abbreviated Company Accounts - TAYLOR CLOSE RESIDENTS ASSOCIATION LIMITED

Abbreviated Company Accounts - TAYLOR CLOSE RESIDENTS ASSOCIATION LIMITED

TAYLOR CLOSE RESIDENTS ASSOCIATION LIMITED - Company Information

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Registered Number 01156858

TAYLOR CLOSE RESIDENTS ASSOCIATION LIMITED

Abbreviated Accounts

30 June 2015

TAYLOR CLOSE RESIDENTS ASSOCIATION LIMITED Registered Number 01156858

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1 1
1 1
Current assets
Debtors 13,616 22,228
Cash at bank and in hand 40,989 6,584
54,605 28,812
Creditors: amounts falling due within one year (20,238) (6,945)
Net current assets (liabilities) 34,367 21,867
Total assets less current liabilities 34,368 21,868
Total net assets (liabilities) 34,368 21,868
Capital and reserves
Called up share capital 1,442 1,442
Other reserves 26,508 14,008
Profit and loss account 6,418 6,418
Shareholders' funds 34,368 21,868
  • For the year ending 30 June 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 12 January 2016

And signed on their behalf by:
C Blake, Director

TAYLOR CLOSE RESIDENTS ASSOCIATION LIMITED Registered Number 01156858

Notes to the Abbreviated Accounts for the period ended 30 June 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 represents service charges invoiced to lessees during the year

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows

Fixtures fittings and equipment – 25 % reducing balance

Other accounting policies
Basis of preparation

The accounts are prepared on the accruals basis

2Tangible fixed assets
£
Cost
At 1 July 2014 400
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2015 400
Depreciation
At 1 July 2014 399
Charge for the year -
On disposals -
At 30 June 2015 399
Net book values
At 30 June 2015 1
At 30 June 2014 1