ACCOUNTS - Final Accounts preparation

EGERTON CRESCENT GARDEN LIMITED - Company Information

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Registered number: 08010170

EGERTON CRESCENT GARDEN LIMITED

UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

EGERTON CRESCENT GARDEN LIMITED

REGISTERED NUMBER: 08010170

ABBREVIATED BALANCE SHEET

AS AT 31 MAY 2016

2016

2015

Note

CURRENT ASSETS
Debtors	512		14,099
Cash at bank	44,858		47,248

	45,370		61,347
CREDITORS: amounts falling due within one year	(45,342)		(61,319)
NET CURRENT ASSETS		28		28

TOTAL ASSETS LESS CURRENT LIABILITIES

CAPITAL AND RESERVES
Called up share capital	4		28		28

SHAREHOLDERS' FUNDS

The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 May 2016 and of its profit or loss for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 26 August 2016.

Mr Peter D Finlay

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

EGERTON CRESCENT GARDEN LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		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 January 2015).

	1.2	Income
		Income comprises revenue recognised by the company in respect of service charges demanded in the year.

2.TANGIBLE FIXED ASSETS

The Company owns the garden at Egerton Crescent, London, SW3 and pursuant to a Declaration of Trust it holds the garden on behalf of its shareholders.

Page 2

EGERTON CRESCENT GARDEN LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016


3.	RESERVE FUND
		2016 £		2015 £

	Balance brought forward	46,371		51,471
	Demanded/(Credited) in the year	(10,000)		(5,000)
	Overdraft charges	-		(100)

	Total reserves carried forward		36,371		46,371

4.SHARE CAPITAL

	2016	2015
	£	£
Allotted, called up and fully paid

28 Ordinary shares of £1 each	28	28

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