| 113 Blackheath Park Limited |
| Registered number: |
05847820 |
| Directors' Report |
|
| The directors present their report and accounts for the year ended 30 June 2016. |
|
| Principal Activity |
| The company's principal activity which is the management of the property at 113 Blackheath Park, London, SE3 0HA, is now dealt with through the service charge accounts. |
|
| Directors |
| The following persons served as directors during the year: |
|
|
Margaret Boden - appointed 01/11/2015 |
|
Nicholas Palmer - appointed 01/11/2015 |
|
Jason Yates - resigned 01/11/2015 |
|
Colin Cook - resigned 01/11/2015 |
|
| Small Company Provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
| This report was approved by the board on 22 March 2017 and signed by its order. |
|
|
|
|
|
| ____________________________ |
| Michelle Metcalf |
| Secretary |
|
| 113 Blackheath Park Limited |
|
| Report to the directors on the preparation of the unaudited statutory accounts of 113 Blackheath Park Limited for the year ended 30 June 2016 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 113 Blackheath Park Limited for the year ended 30 June 2016 which comprise of 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| N J Ruse & Associates |
| Chartered Certified Accountants |
| Eagle House, Cranleigh Close |
| Sanderstead |
| South Croydon |
| CR2 9LH |
|
| 23 March 2017 |
|
| 113 Blackheath Park Limited |
| Balance Sheet |
| as at 30 June 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Current Assets |
| Debtors |
3 |
|
7 |
|
|
3,775 |
| Bank and Cash |
|
|
- |
|
|
16,105 |
|
|
|
7 |
|
|
19,880 |
|
| Creditors: Due Within One Year |
4 |
|
- |
|
|
(4,881) |
|
| Net Current Assets |
|
|
|
7 |
|
|
14,999 |
|
| Net Assets |
|
|
|
7 |
|
|
14,999 |
|
|
|
|
|
|
|
|
| Capital and Reserves |
| Called up Share Capital |
5 |
|
|
7 |
|
|
7 |
| Maintenance Reserve |
6 |
|
|
- |
|
|
14,992 |
|
| Shareholders' Funds |
|
|
|
7 |
|
|
14,999 |
|
|
|
|
|
|
|
|
| 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. |
| 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. |
|
|
|
| ________________________ |
| Nicholas Palmer |
| Director |
| Approved by the board on 22 March 2017 |
|
| 113 Blackheath Park Limited |
| Notes to the 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 2016). |
|
|
Turnover |
|
Turnover represents maintenance income, ground rent and other income received from the residents at 113 Blackheath Park, London, SE3, together with bank interest received by the company during the year. |
|
|
Taxation |
|
The company is a mutual company and only liable to tax on the ground rent and bank interest received. |
|
|
Service Charges |
|
These are charged to the residents on an annual basis and any surplus is retained in the company to provide for future cyclical maintenance. |
|
|
| 2 |
Taxation |
2016 |
|
2015 |
| £ |
£ |
|
UK Income Tax |
- |
|
92 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2016 |
|
2015 |
| £ |
£ |
|
Trade Debtors |
- |
|
2,479 |
|
Other Debtors |
7 |
|
1,296 |
|
|
|
|
|
|
7 |
|
3,775 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: Due Within One Year |
2016 |
|
2015 |
| £ |
£ |
|
Trade Creditors |
- |
|
1,993 |
|
Income Tax |
- |
|
115 |
|
Other Creditors |
- |
|
2,773 |
|
|
|
|
|
|
- |
|
4,881 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Share Capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, Called Up and Fully Paid: |
|
Ordinary Shares |
£1 each |
|
7 |
|
7 |
|
7 |
|
|
|
|
|
|
|
|
|
|
| 6 |
General Maintenance Reserve |
2016 |
| £ |
|
At 1 July 2015 |
14,992 |
|
Transfer to Service Charge Accounts |
(14,992) |
|
At 30 June 2016 |
- |
|
|
|
|
|
|
|
|
| 7 |
Related Party Transactions |
2016 |
|
2015 |
| £ |
£ |
|
The directors |
|
Service Charges due for the year |
- |
|
3,596 |
|
Ground Rent |
- |
|
200 |
|
Michelle Metcalf |
|
Company Secretary |
|
Book-keeping and company administration fees |
|
|
|
|
|
|
- |
|
600 |
|
| 8 |
Service Charge Accounts |
|
|
The income and expenditure that relates to the service charges has now been included in a separate set of Service Charge accounts in line with rules set out in technical factsheet 172 published by the ACCA and in accordance with the ICAEW, ARMA and the RICS. |
