ACCOUNTS - Final Accounts preparation

23 GLAZBURY ROAD (MANAGEMENT) LIMITED - Company Information

23 GLAZBURY ROAD (MANAGEMENT) LIMITED 2013-01-01 true false 2013-12-312013-12-31 04942512 c:EntityAccountantsOrAuditors 2013-12-31 04942512 2013-01-01 2013-12-31 04942512 2013-12-31 04942512 2012-12-31 04942512 c:OrdinaryShareClass1 2013-12-31 04942512 c:OrdinaryShareClass1 2012-12-31 04942512 c:OrdinaryShareClass1 2013-01-01 2013-12-31 04942512 c:Director1 2013-01-01 2013-12-31 04942512 c:Director2 2013-01-01 2013-12-31 04942512 c:Director3 2013-01-01 2013-12-31 04942512 c:Director4 2013-01-01 2013-12-31 04942512 d:LandBuildings d:OwnedOrFreeholdTangibleFixedAssets 2013-01-01 2013-12-31 04942512 d:LandBuildings d:OwnedOrFreeholdTangibleFixedAssets 2013-12-31 04942512 c:RegisteredOffice 2013-01-01 2013-12-31 04942512 c:EntityAccountantsOrAuditors 2013-01-01 2013-12-31 xbrli:shares iso4217:GBP

Registered number: 04942512

23 GLAZBURY ROAD (MANAGEMENT) LIMITED

UNAUDITED

DIRECTORS' REPORT AND
FINANCIAL STATEMENTS

FOR THE YEAR ENDED
31 DECEMBER 2013

23 GLAZBURY ROAD (MANAGEMENT) LIMITED

COMPANY INFORMATION

DIRECTORS	Mr C Brewerton
	Ms K Kher
	Mrs S Paling (appointed 22 August 2013 & resigned 13 May 2014)
	Mr M Dixon (resigned 23 August 2013)


REGISTERED NUMBER	04942512


REGISTERED OFFICE	23 Glazbury Road
	West Kensington
	London
	W14 9AS


ACCOUNTANTS	Wellden Turnbull LLP
	Chartered Accountants
	180 Piccadilly
	London
	W1J 9HF

23 GLAZBURY ROAD (MANAGEMENT) LIMITED

CONTENTS

	Page
Directors' report	1
Accountants' report	2
Profit and loss account	3
Balance sheet	3
Notes to the financial statements	4 - 5

23 GLAZBURY ROAD (MANAGEMENT) LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2013

The directors present their report and the financial statements for the year ended 31 December 2013.

DIRECTORS

The directors who served during the year were:

Mr C Brewerton

Ms K Kher

Mrs S Paling (appointed 22 August 2013 & resigned 13 May 2014)

Mr M Dixon (resigned 23 August 2013)

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 30 September 2014 and signed on its behalf.

Mr C Brewerton

Director

Page 1

23 GLAZBURY ROAD (MANAGEMENT) LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF 23 GLAZBURY ROAD (MANAGEMENT) LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2013

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 23 Glazbury Road (Management) Limited for the year ended 31 December 2013 which comprise the profit and loss account, the balance sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the board of directors of 23 Glazbury Road (Management) Limited, as a body, in accordance with the terms of our engagement as detailed at wtca.co.uk/company-terms-conditions. Our work has been undertaken solely to prepare for your approval the financial statements of 23 Glazbury Road (Management) Limited and state those matters that we have agreed to state to them in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 23 Glazbury Road (Management) Limited and its board of directors, as a body, for our work or for this report.

It is your duty to ensure that 23 Glazbury Road (Management) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit or loss. You consider that 23 Glazbury Road (Management) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of 23 Glazbury Road (Management) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wellden Turnbull LLP

Chartered Accountants

180 Piccadilly

London

W1J 9HF

30 September 2014

Page 2

23 GLAZBURY ROAD (MANAGEMENT) LIMITED

REGISTERED NUMBER: 04942512

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2013

The company has not traded during the year or the preceding financial year. During these periods, the company received no income and incurred no expenditure and therefore made neither profit or loss.

BALANCE SHEET

AS AT 31 DECEMBER 2013

						As restated
				2013		2012

	Note	£	£	£	£
FIXED ASSETS
Tangible assets	2		45,786		45,786


CREDITORS: amounts falling due within one year	3		(45,783)		(45,783)

NET ASSETS

CAPITAL AND RESERVES
Called up share capital	4		3		3

SHAREHOLDERS' FUNDS

For the year ending 31 December 2013 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 ("the Act") relating to small companies.

Directors' responsibilities:
 

·The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

·The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
 

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 September 2014.

Mr C Brewerton

Director

The notes on pages 4 to 5 form part of these financial statements.

Page 3

23 GLAZBURY ROAD (MANAGEMENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2013

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The company is classified as a residents' management company, and these accounts have been prepared with reference to the ICAEW technical guidance note TECH 03/11.

	1.2	Tangible fixed assets and depreciation
		Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property

not depreciated

	1.3	Bank and cash balances
		All balances held in cash or in bank accounts under the company's control are held in trust on behalf of the leaseholders in accordance with s42 of the Landlords and Tenants Act 1987.

2.TANGIBLE FIXED ASSETS

		Freehold property
		£
	Cost
	At 1 January 2013 and 31 December 2013	45,786

3.CREDITORS:
Amounts falling due within one year

		As restated
	2013	2012
	£	£
Other creditors	45,783	45,783

4.SHARE CAPITAL

		As restated
	2013	2012
	£	£
Allotted, called up and fully paid

3 ordinary shares of £1 each	3	3

Page 4

23 GLAZBURY ROAD (MANAGEMENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2013

5.PRIOR YEAR ADJUSTMENT

The accounts filed in the prior year included movement on the leaseholders' repairs and maintenance fund which is not relevant to the residents' management company accounts. The comparatives have been adjusted to correctly reflect the ongoing dormant state of the company.

Page 5