Company Registration No. 01461047 (England and Wales)
MARSHALL DRIVE RESIDENTS ASSOCIATION LIMITED
(A COMPANY LIMITED BY GUARANTEE)
DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 SEPTEMBER 2016
MARSHALL DRIVE RESIDENTS ASSOCIATION LIMITED
(A COMPANY LIMITED BY GUARANTEE)
COMPANY INFORMATION
Directors
R Cook
P Goddard
T Law
M Sebastian
Secretary
Mr Timothy Taylor
Company number
01461047
Registered office
c/o Wenlock and Taylor
97 Chamberlayne Road
Kensal Rise
London
NW10 3NN
Accountants
Myers Clark
Egale 1
80 St Albans Road
Watford
Hertfordshire
WD17 1DL
MARSHALL DRIVE RESIDENTS ASSOCIATION LIMITED
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3
MARSHALL DRIVE RESIDENTS ASSOCIATION LIMITED
(A COMPANY LIMITED BY GUARANTEE)
DIRECTORS' REPORT
FOR THE YEAR ENDED 28 SEPTEMBER 2016
- 1 -
The directors present their report and unaudited financial statements for the year ended 28 September 2016. The company is dormant and has not traded during the year.
Directors
The following directors have held office since 29 September 2015:
R Cook
P Goddard
T Law
M Sebastian
Legal Status
The company is limited by guarantee and has no share capital.
On behalf of the board
P Goddard
Director
6 March 2017
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 28 SEPTEMBER 2016
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
MARSHALL DRIVE RESIDENTS ASSOCIATION LIMITED
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT
28 SEPTEMBER 2016
28 September 2016
- 2 -
2016
2015
Notes
£
£
Total assets less current liabilities
-
-
Capital and reserves
Member's funds
-
-
Audit exemption statement
For the financial year ended 28 September 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 6 March 2017
P Goddard
Director
Company Registration No. 01461047
MARSHALL DRIVE RESIDENTS ASSOCIATION LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 SEPTEMBER 2016
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
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).
1.3
During the year the company has acted as agent for the lessees of the property at Marshall Drive. The funds in relation to the maintenance of the property are held in trust. As at 28 September 2016 the cash balance held on behalf of the lessees amounted to £2,449.
The Company therefore has no income or expenditure in its own right in relation to the maintenance of the common parts of the property held in accordance with the governing leases. Income and expenditure arising from these transactions is shown in separate service charge accounts for the property that do not form part of the annual accounts of the company and not filed at Companies House. The accounts can be obtained from Marshall Drive Residents Association Limited.