Registered Number 02533171
CRICKETFIELDS (PHASE 2) MANAGEMENT COMPANY LIMITED
31 March 2016
Notes to the Abbreviated Accounts for the period ended 31 March 2016
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 January 2015).
Turnover represents the value of service charges collected from tenants.
Other accounting policies
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.