16 Oxford Road Exeter Management Co. Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 01667177 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

16 Oxford Road, Exeter, Management, Co.

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Moss

Ms J Compton

M Eastman

R Gillham

S Davies

SECRETARY:

M Eastman

REGISTERED OFFICE:

105b High Street

Honiton

Devon

EX1 1PE

REGISTERED NUMBER:

01667177 (England and Wales)

ACCOUNTANTS:

Tosh & Co

Chartered Accountants

105b High Street

Honiton

Devon

EX14 1PE

CURRENT ASSETS

Debtors

375

368

Cash at bank

2,468

3,046

2,843

3,414

CREDITORS

Amounts falling due within one year

253

NET CURRENT ASSETS

2,590

3,161

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,590

3,161

CAPITAL AND RESERVES

Called up share capital

2

5

Profit and loss account

2,585

3,156

SHAREHOLDERS' FUNDS

2,590

3,161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 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 have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 September 2016 and were signed on its behalf
by:

M Eastman - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover comprises amounts charged to tenants for their contribution to expenses.

Repairs and maintenance

Provision is made for the companys contractual obligation to repair and maintain the property and in the opinion

of the directors is fairly included at the amount set aside for the purpose and unspent at the balance sheet date.

Freehold property

The company owns the freehold of 16 Oxford Road, Exeter. After taking account of the rights of the

leaseholders, who are also required to be the members of the company, no residual value remains in the

freehold, which is accordingly included at a valuation of £NIL.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

5

Ordinary

£1

5

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

This company is a management company for 5 flats, all of which are owned by the directors and shareholders.

Consequently all turnover is derived from transactions with the directors and shareholders.