Printers Court Management Co (St Albans) - Accounts to registrar - small 16.3d
Printers Court Management Co (St Albans) - Accounts to registrar - small 16.3d
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 March 2016 |
| for |
| Printers Court Management Company |
| (St. Albans) Limited |
| Printers Court Management Company |
| (St. Albans) Limited (Registered number: 02719250) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Printers Court Management Company |
| (St. Albans) Limited |
| Company Information |
| for the Year Ended 31 March 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Printers Court Management Company |
| (St. Albans) Limited (Registered number: 02719250) |
| Balance Sheet |
| 31 March 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| CURRENT ASSETS |
| Debtors | 2 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Profit and loss account | 5 |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on behalf by: |
| Printers Court Management Company |
| (St. Albans) Limited (Registered number: 02719250) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company acts as a conduit through which contributions are collected from residents and applied to the |
| upkeep of common parts. As such the net assets reflected on the Balance Sheet do not belong to the |
| company, rather they are held on trust for the residents. Similarly the Profit and Loss account reflects |
| transactions undertaken on behalf of the residents, rather than by the company itself. |
| 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). |
| Turnover |
| Turnover represents service fees receivable from tenants |
| 2. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Due from Tenants | 1,200 | - |
| Prepayments | 846 | 799 |
| 3. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Tax |
| Directors' current accounts | - | 94 |
| Accrued expenses | 927 | 899 |
| 4. | CALLED UP SHARE CAPITAL |
| The company is limited by guarantee and does not have a share capital. |
| 5. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 April 2015 |
| Deficit for the year | ( |
) |
| At 31 March 2016 |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| All of the five tenants are directors of the company, and hence all of the company's service fees receivable |
| are derived from them. |