Registration number:
Fairways (Christchurch) No.2 Management Company Limited
for the Year Ended 31 December 2016
Fairways (Christchurch) No.2 Management Company Limited
(Registration number: 02615820)
Balance Sheet as at 31 December 2016
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2016 |
2015 |
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Capital and reserves |
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Total equity |
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For the financial year ending 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime and the option not to file a profit and loss account has been taken.
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
• The members have not required the company to obtain an audit of its accounts for the year in accordance with section 476
• 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 delivered in accordance with the provisions applicable to companies subject to the small companies' regime of the Companies Act 2006
Approved and authorised by the
.........................................
D G Roberts
Director
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Fairways (Christchurch) No.2 Management Company Limited
Notes to the Financial Statements for the Year Ended 31 December 2016
General information |
The company is a company limited by guarantee incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Accounting policies |
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
The income and expenditure arising from the operation of Fairways (Christchurch) No.2 property service charge fund has been included in separately prepared residential property service charge accounts. We consider this treatment to be fair and reasonable on the grounds that Fairways (Christchurch) No.2 Management Company Limited has never traded and that any service charge monies collected from lessees should be treated as if they have been 'held on trust' of the lessees.
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