Abbreviated Company Accounts - STRUTTON COURT (SW1) LIMITED

Abbreviated Company Accounts - STRUTTON COURT (SW1) LIMITED


Registered Number 01719128

STRUTTON COURT (SW1) LIMITED

Abbreviated Accounts

24 March 2014

STRUTTON COURT (SW1) LIMITED Registered Number 01719128

Abbreviated Balance Sheet as at 24 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 600 600
600 600
Current assets
Debtors 4,297 5,462
Cash at bank and in hand 50,113 31,180
54,410 36,642
Creditors: amounts falling due within one year (8,749) (3,784)
Net current assets (liabilities) 45,661 32,858
Total assets less current liabilities 46,261 33,458
Total net assets (liabilities) 46,261 33,458
Capital and reserves
Called up share capital 3 12 12
Other reserves 4,484 4,484
Profit and loss account 41,765 28,962
Shareholders' funds 46,261 33,458
  • For the year ending 24 March 2014 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 17 December 2014

And signed on their behalf by:
R.J. TARLING, Director

STRUTTON COURT (SW1) LIMITED Registered Number 01719128

Notes to the Abbreviated Accounts for the period ended 24 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents service charges receivable.

Tangible assets depreciation policy
No depreciation is provided on the head lease.

Other accounting policies
Income and Expenditure

The income and expenditure account reflects all transactions in the year being related to the maintenance of the common parts in accordance with the lease. Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of section 42 of the Landlord and Tenant Act 1987.

In addition, in 2013 the company received, in its own right, the net proceeds from lease extensions.

Capital Reserve

The Capital Reserve Fund represents retained surpluses and deficits arising from transactions undertaken by the company in its own right.

2Tangible fixed assets
£
Cost
At 25 March 2013 600
Additions -
Disposals -
Revaluations -
Transfers -
At 24 March 2014 600
Depreciation
At 25 March 2013 -
Charge for the year -
On disposals -
At 24 March 2014 -
Net book values
At 24 March 2014 600
At 24 March 2013 600

Fixed assets represent the head lease valuation on acquisition.

3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
12Ordinary shares of £1 each 12 12