| CASTLEMANS RESIDENTS COMPANY LIMITED |
| Registered number: |
02415205 |
| Abbreviated Balance Sheet |
| as at 30 June 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Current assets |
| Debtors |
|
|
2,171 |
|
|
2,645 |
| Cash at bank and in hand |
|
|
29,796 |
|
|
15,247 |
|
|
|
31,967 |
|
|
17,892 |
|
| Creditors: amounts falling due within one year |
|
|
(24,127) |
|
|
(9,811) |
|
| Net current assets |
|
|
|
7,840 |
|
|
8,081 |
|
| Net assets |
|
|
|
7,840 |
|
|
8,081 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
2 |
|
|
190 |
|
|
190 |
| Share premium |
|
|
|
950 |
|
|
950 |
| Sinking Fund |
|
|
|
8,002 |
|
|
- |
| Profit and loss account |
|
|
|
(1,302) |
|
|
6,941 |
|
| Shareholders' funds |
|
|
|
7,840 |
|
|
8,081 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| M.FAIN |
| Director |
| Approved by the board on 9 February 2017 |
|
| CASTLEMANS RESIDENTS COMPANY LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the amounts (excluding value added tax) derived from the provision of services to customers during the year. |
|
|
Service Charges |
|
The residents' company is currently administered by Playfield Management Limited. Service charges are charged to the tenants each year based on the budgeted expenditure. |
|
|
Taxation |
|
The company is a non-profit making enterprise. Surpluses and deficits arising as a result of differences between service charges levied (based on estimated costs) and actual costs incurred do not fall within the scope of corporation tax. Tax is payable on investment income only. |
|
|
| 2 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£5 each |
|
38 |
|
190 |
|
190 |
|
|
|
|
|
|
|
|
|
