Fairview Court (Residents Association) Ltd - Period Ending 2016-08-31

Company registration number: 00896454

Fairview Court (Residents Association) Ltd
 
  (A company limited by guarantee)
 
  Annual Report and Unaudited Abbreviated Accounts
 
  Year Ended 31 August 2016
 

Beresfords
  Chartered Accountants
  Castle House
  Castle Hill Avenue
  Folkestone
  Kent
  CT20 2TQ

Fairview Court (Residents Association) Ltd
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3

Fairview Court (Residents Association) Ltd
(Company registration number: 00896454)
Abbreviated Balance Sheet
31 August 2016

		Note			2016 £			2015 £
Current assets
Debtors					5,816			5,614
Cash at bank and in hand					14,122			6,546
					19,938			12,160
Creditors: Amounts falling due within one year					(3,888)			(2,109)
Net assets					16,050			10,051
Capital and reserves
Income and expenditure account					16,050			10,051
Members' funds					16,050			10,051

The notes on page 3 form an integral part of these financial statements.
 
  Page 1

Fairview Court (Residents Association) Ltd
(Company registration number: 00896454)
Abbreviated Balance Sheet
31 August 2016......... continued

For the year ending 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 11 April 2017 and signed on its behalf by:

 
 
 
  .........................................
 Mrs S T Tibbetts
 Director

The notes on page 3 form an integral part of these financial statements.
 
  Page 2

Fairview Court (Residents Association) Ltd
Notes to the Abbreviated Accounts
Year Ended 31 August 2016......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Turnover

Turnover represents service charges receivable from the residential lessees.

2	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the company in the event of liquidation.

Page 3