Registered Number 02656340
31 REGENCY SQUARE RESIDENTS' ASSOCIATION LIMITED
Abbreviated Accounts
28 February 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Other reserves |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Tangible assets depreciation policy
Land and buildings Freehold Nil Depreciation
No depreciation is provided on the freehold cost as it does not include any expenditure on buildings.
Other accounting policies
The company has no income or expenditure in its own right, service charges collected are held on trust for the purposes 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. Accordingly, the transactions and balances relating to the service charges are dealt with in a separate statement.
Bank Account
At the balance sheet date, the company bank account also contained £678 (2015 - £259) which is held on trust for the leaseholders under section 42 of the Landlords and Tenant Act 1987.
£ | |
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Cost | |
At 1 March 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 28 February 2016 |
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Depreciation | |
At 1 March 2015 |
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Charge for the year |
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On disposals |
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At 28 February 2016 |
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Net book values | |
At 28 February 2016 | 131,717 |
At 28 February 2015 | 131,717 |