Blue Granary Wharf (Leeds) Management Co - Abbreviated accounts 16.1

BLUE GRANARY WHARF (LEEDS)

MANAGEMENT COMPANY LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr D Pearson

Mr D Oldham

Mr B A Azoor

SECRETARY:

Winn & Co (Yorkshire) Limited

REGISTERED OFFICE:

c/o Adair Paxton

First Floor, Sanderson House

22 Station Road

Horsforth

West Yorkshire

LS18 5NT

REGISTERED NUMBER:

05182988 (England and Wales)

ACCOUNTANTS:

Winn & Co

Chartered Accountants

62/63 Westborough

Scarborough

North Yorkshire

YO11 1TS

FIXED ASSETS

Tangible assets

2

359

399

CURRENT ASSETS

Debtors

31,469

16,874

Cash at bank

14,774

21,806

46,243

38,680

CREDITORS

Amounts falling due within one year

32,874

24,955

NET CURRENT ASSETS

13,369

13,725

TOTAL ASSETS LESS CURRENT LIABILITIES

13,728

14,124

RESERVES

Income and expenditure account

13,728

14,124

13,728

14,124

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 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 surplus or deficit 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 31 October 2016 and were signed on its behalf by:

Mr B A Azoor - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The principal accounting policies adopted in the preparation of the financial statements are set out below and

have remained unchanged from the previous period and also have been consistently applied within the same

accounts.

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).

The effect of events relating to the year ended 31 July 2016, which occurred before the date of approval of the

financial statements by the Board of Directors, have been included to the extent required to show a true and fair

view of the state of affairs at 31 July 2016 and its results for the year ended on that date.

Turnover

Turnover represents service charges invoiced during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

1,145

DEPRECIATION

At 1 August 2015

746

Charge for year

40

At 31 July 2016

786

NET BOOK VALUE

At 31 July 2016

359

At 31 July 2015

399