REGISTERED NUMBER: |
Report of the Director and |
Unaudited Financial Statements for the Year Ended 30 April 2017 |
for |
Abbeyvale Property Limited |
REGISTERED NUMBER: |
Report of the Director and |
Unaudited Financial Statements for the Year Ended 30 April 2017 |
for |
Abbeyvale Property Limited |
Abbeyvale Property Limited (Registered number: 05484748) |
Contents of the Financial Statements |
for the Year Ended 30 April 2017 |
Page |
Company Information | 1 |
Report of the Director | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
Abbeyvale Property Limited |
Company Information |
for the Year Ended 30 April 2017 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants and Business Advisors |
Regency House |
33 Wood Street |
Barnet |
Hertfordshire |
EN5 4BE |
Abbeyvale Property Limited (Registered number: 05484748) |
Report of the Director |
for the Year Ended 30 April 2017 |
The director presents her report with the financial statements of the company for the year ended 30 April 2017. |
DIRECTOR |
STATEMENT OF DIRECTOR'S RESPONSIBILITIES |
The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law |
and regulations. |
Company law requires the director to prepare financial statements for each financial year. Under that law the director has 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 director must not approve the financial statements unless she is |
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 director is required to: |
- | select suitable accounting policies and then apply them consistently; |
- | make judgements and accounting estimates that are reasonable and prudent; |
The director is 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 her to ensure that |
the financial statements comply with the Companies Act 2006. She is 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: |
Abbeyvale Property Limited (Registered number: 05484748) |
Income Statement |
for the Year Ended 30 April 2017 |
2017 | 2016 |
Notes | £ | £ |
TURNOVER |
Administrative expenses | ( |
) | ( |
) |
OPERATING SURPLUS and |
SURPLUS BEFORE TAXATION |
Tax on surplus |
SURPLUS FOR THE FINANCIAL YEAR |
Abbeyvale Property Limited (Registered number: 05484748) |
Balance Sheet |
30 April 2017 |
2017 | 2016 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES | - | - |
The director acknowledges her 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 were approved by the director on |
Abbeyvale Property Limited (Registered number: 05484748) |
Notes to the Financial Statements |
for the Year Ended 30 April 2017 |
1. | STATUTORY INFORMATION |
Abbeyvale Property Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the total value of ground rents contributed by residents in respect of ground rent expenditure incurred |
during the year. |
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. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Ground rent accrued |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Other creditors |
5. | ULTIMATE CONTROLLING PARTY |
The company has no ultimate controlling party. |
6. | SHARE CAPITAL |
This company is limited by guarantee, with no share capital. |