Hanwell View Management Company Limited - Dormant company accounts 17.1

Report of the Directors and

Unaudited Financial Statements

for the Period 5 February 2016 to 28 February 2017

for

Hanwell View Management Company Limited

Page

Company Information

1

Report of the Directors

2

Balance Sheet and Income Statement

3

Notes to the Financial Statements

4

Chartered Accountants' Report

5

DIRECTORS:

J J Gilbert

N D Grainger

M Kelly

D Smith

D M Thomas

J S F Underwood

SECRETARY:

Crabtree PM Limited

REGISTERED OFFICE:

Crabtree PM Limited

Marlborough House

298 Regents Park Road

London

N3 2UU

REGISTERED NUMBER:

09991040 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

The directors present their report with the financial statements of the company for the period 5 February 2016 to 28 February 2017.

INCORPORATION

The company was incorporated on 5 February 2016 .

DIRECTORS

The directors who have held office during the period from 5 February 2016 to the date of this report are as follows:

J J Gilbert - appointed 12 September 2016

N D Grainger - appointed 5 February 2016

M Kelly - appointed 12 September 2016

D Smith - appointed 12 September 2016

D M Thomas - appointed 5 February 2016

J S F Underwood - appointed 5 February 2016

All the directors who are eligible offer themselves for election at the forthcoming first Annual General Meeting.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the management of Hanwell View Embankment,

Southam Road, Banbury, OX16 1ST. As part of the management of that property, service charges are collected from lessees to

meet the costs of managing and maintaining the property. Service charges are held in trust for the benefit of the lessees.

Accordingly the service charge income and expenditure is excluded from the company's accounts and separate service charge

accounts are prepared.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable

law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have

elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United

Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements

unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the

company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's

transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that

the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the

company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Crabtree PM Limited - Secretary

1 August 2017

TOTAL ASSETS LESS CURRENT
LIABILITIES

-

RESERVES

-

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the period ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2017 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 1 August 2017 and were signed on its behalf by:

D M Thomas - Director

Income Statement

for the Period 5 February 2016 to 28 February 2017

During the financial year the company has not traded and has received no income and incurred no expenditure. Consequently, the company has made neither a surplus nor a deficit.

1.	STATUTORY INFORMATION

Hanwell View Management Company Limited is a private company, limited by guarantee , registered in England and

Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

The company acts as trustee of a statutory trust imposed on the service charge monies collected for maintenance of the

building, by virtue of s.42 Landlord and Tenant Act 1987. Interest is not liable to corporation tax, but is subject to income

tax.

3.	ULTIMATE CONTROLLING PARTY

The controlling party is Bellway Homes Limited.

4.	SHARE CAPITAL

This company is limited by guarantee, with no share capital.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Hanwell View Management Company Limited for the period ended 28 February 2017 which comprise the Income

Statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hanwell View Management Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hanwell View Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Hanwell View Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hanwell View Management Company Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hanwell View Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hanwell View Management Company Limited. You consider that Hanwell View Management Company Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Hanwell View Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.