Restmore Gardens (Magnolia House) Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00635583 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 25 MARCH 2014

FOR

RESTMORE GARDENS (MAGNOLIA HOUSE)

LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

Chartered Accountants' Report

3

FIXED ASSETS

Tangible assets

2

1

1

CURRENT ASSETS

Cash at bank

55

33

NET CURRENT ASSETS

55

33

TOTAL ASSETS LESS CURRENT LIABILITIES

56

34

RESERVES

Profit and loss account

56

34

56

34

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 March 2014 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 14 October 2014 and were signed on its behalf by:

W McNabb - 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 April 2008).

Turnover

Turnover represents ground rent and interest demanded in the year.

Tangible fixed assets

All fixed assets are initially recorded at cost

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 26 March 2013

and 25 March 2014

1

NET BOOK VALUE

At 25 March 2014

1

At 25 March 2013

1

3.	LIMITED BY GUARANTEE

The company is limited by guarantee without a share capital. Each member is liable to contribute an

amount not exceeding £1 towards the assets of the company in the event of liquidation.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages one to two) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Restmore Gardens (Magnolia House) Limited for the year ended

25 March 2014 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 us.

As a practising 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/membershandbook.

This report is made solely to the Board of Directors of Restmore Gardens (Magnolia House) Limited, as a

body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your

approval the financial statements of Restmore Gardens (Magnolia House) Limited and state those matters

that we have agreed to state to the Board of Directors of Restmore Gardens (Magnolia House) Limited, as a

body, 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 the company and its Board

of Directors, as a body, for our work or for this report.

It is your duty to ensure that Restmore Gardens (Magnolia House) Limited has kept adequate accounting

records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities,

financial position and profit of Restmore Gardens (Magnolia House) Limited. You consider that Restmore

Gardens (Magnolia House) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Restmore

Gardens (Magnolia House) 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.

Carter & Coley

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

14 October 2014