Abbreviated Company Accounts - SECTORHAVEN RESIDENTS MANAGEMENT LIMITED
Abbreviated Company Accounts - SECTORHAVEN RESIDENTS MANAGEMENT LIMITED
Registered Number 02115094
SECTORHAVEN RESIDENTS MANAGEMENT LIMITED
Abbreviated Accounts
30 September 2016
SECTORHAVEN RESIDENTS MANAGEMENT LIMITED Registered Number 02115094
Abbreviated Balance Sheet as at 30 September 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Other reserves |
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Profit and loss account |
( |
( |
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Shareholders' funds |
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For the year ending 30 September 2016 the company was entitled to exemption 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
And signed on their behalf by:
SECTORHAVEN RESIDENTS MANAGEMENT LIMITED Registered Number 02115094
Notes to the Abbreviated Accounts for the period ended 30 September 2016
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Land and buildings Freehold Nil depreciation
Other accounting policies
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
Cyclical maintenance fund
The cyclical maintenance fund has been established to provide adequate funds to meet the costs of the scheduled redecoration of the development.
Sinking fund
The sinking fund has been established to provide funds in order to pay for major repairs which are expected to arise in the future. The present level of the fund may prove insufficient, given the uncertainty as to when such costs may arise. Any shortfall in the fund resulting from expenditure incurred will be charged to the revenue account in the year.
£ | |
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Cost | |
At 1 October 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 September 2016 |
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Depreciation | |
At 1 October 2015 |
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Charge for the year |
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On disposals |
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At 30 September 2016 |
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Net book values | |
At 30 September 2016 | 9,000 |
At 30 September 2015 | 9,000 |