Albion Mill (Worcester) Management Co - Abbreviated accounts 16.3

REGISTERED NUMBER: 05606333 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2016

FOR

ALBION MILL (WORCESTER) MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Wilson

E Marshall

Worcester Community Housing Association

REGISTERED OFFICE:

C/O Gem Estates

Gem House

1 Dunhams Lane

Letchworth

Hertfordshire

SG6 1GL

REGISTERED NUMBER:

05606333 (England and Wales)

ACCOUNTANTS:

Hayward Wright Ltd

4 Clews Road

Redditch

Worcestershire

B98 7ST

CURRENT ASSETS

Debtors

3,587

4,309

Cash at bank

52,433

25,090

56,020

29,399

CREDITORS

Amounts falling due within one year

1,594

1,718

NET CURRENT ASSETS

54,426

27,681

TOTAL ASSETS LESS CURRENT LIABILITIES

54,426

27,681

RESERVES

Redecoration reserve

47,317

30,596

General reserve

5,989

4,589

Unadopted hard surfaces repair

10,307

9,607

Income and expenditure account

(9,187

)

(17,111

)

54,426

27,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 surplus or deficit 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 27th March 2017 and were signed on its behalf by:

M Wilson - 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).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.