Company registration number
02767288
GREYSTOKE PARK MAINTENANCE (NO. 1) LIMITED
COMPANY LIMITED BY GUARANTEE
UNAUDITED ABBREVIATED ACCOUNTS
30 June 2015
JOSEPH MILLER & CO
Chartered Accountants
Milburn House
Dean Street
Newcastle upon Tyne
NE1 1LE
GREYSTOKE PARK MAINTENANCE (NO. 1) LIMITED
COMPANY LIMITED BY GUARANTEE
ABBREVIATED BALANCE SHEET
30 June 2015
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2015
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2014
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|
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(restated)
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Note
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£
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£
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£
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£
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|
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|
|
|
Current assets
Creditors: Amounts falling due within one year
|
(
5,812)
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|
(
4,942)
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|
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-------------
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-------------
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Net current assets
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|
-
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-
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-------------
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-------------
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Total assets less current liabilities
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-
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-
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-------------
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-------------
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|
|
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Reserves
|
2
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|
|
|
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-------------
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-------------
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Members' funds
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|
-
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|
-
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|
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-------------
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-------------
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|
|
|
|
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For the year ended 30 June 2015 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 financial statements for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved by the directors and authorised for issue on
14 March 2016
, and are signed on their behalf by:
G C Williams
Company Registration Number:
02767288
GREYSTOKE PARK MAINTENANCE (NO. 1) LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 30 JUNE 2015
1.
Accounting policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents expenditure recoverable from service charge monies.
Service charge monies
The cash balance and other net assets representing service charge monies received by the management company in accordance with the terms of the lease are held in a statutory trust under Section 42 of the Landlord and Tenant Act 1987. The cash balance and other net assets are not assets of the management company and are therefore not recognised in the management company's balance sheet.
The management company recognises service charge expenditure arising from the management and arrangement of maintenance of the property in its income and expenditure account and also recognises the corresponding income drawn from the service charge monies.
2.
Company limited by guarantee
The company is limited by guarantee and does not have a share capital. The liability of each member is limited to £1 to be contributed towards the payment of debts in the event of the company being wound up.