79 Church Road Residents Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04176160 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

79 Church Road Residents Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C Hamlyn

Dr

E L Hamlyn

SECRETARY:

Belgarum Property Management Limited

REGISTERED OFFICE:

Old Manor Nursery

Kilham Lane

Winchester

Hampshire

S022 5QD

REGISTERED NUMBER:

04176160 (England and Wales)

ACCOUNTANTS:

Haines Watts Southampton Limited

Chartered Accountants

130 Bournemouth Road

Chandler's Ford

Eastleigh

Hampshire

SO53 3AL

FIXED ASSETS

Investment property

2

9,524

9,524

CREDITORS

Amounts falling due within one year

9,520

9,520

NET CURRENT LIABILITIES

(9,520

)

(9,520

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4

4

CAPITAL AND RESERVES

Called up share capital

3

4

4

SHAREHOLDERS' FUNDS

4

4

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 13 December 2016 and were signed on its behalf by:

C Hamlyn - 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).

The company was dormant throughout the current year and previous year.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the

company qualifies as a small company.

Investment property

In accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015) no depreciation is provided in respect of freehold properties held as investments. This

is a departure from the requirements of the Companies Act 2006 which requires all properties

to be depreciated. Such properties are held for investment and not consumption and the

directors consider that to depreciate them would not give a true and fair view. Depreciation is

only one of the many elements reflected in the annual valuation of properties and accordingly

the amount of depreciation which otherwise would have been charged cannot be separately

identified or quantified. The directors consider that this policy results in the accounts giving a

true and fair view.

Service charges

The company is responsible for the management of the property at 79 Church Street,

Richmond, Surrey, TW10 6LX. The company collects service charges from lessees in order to

fund expenditure incurred in the management of the property. These service charge funds are

held in trust for the lessees as required by the Landlord and Tenant Act 1987.

Transactions relating to the management of the property are reported separately to the lessees

and are excluded from the company's financial statements.

2.	INVESTMENT PROPERTY

The value of the investment property which has been stated at cost has been considered by the

directors. The directors believe this to be an appropriate value given the current market

conditions for the property.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

as restated

£

£

4

Ordinary shares

£1

4

4