Company Registration No. 03089243 (England and Wales)
ENTON HALL ESTATE MANAGEMENT COMPANY LIMITED
COMPANY LIMITED BY GUARANTEE
DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
ENTON HALL ESTATE MANAGEMENT COMPANY LIMITED
COMPANY LIMITED BY GUARANTEE
CONTENTS
Page
Directors' report
1
Accountants' report
2
Profit and loss account
3
Balance sheet
4
Notes to the financial statements
5 - 6
ENTON HALL ESTATE MANAGEMENT COMPANY LIMITED
COMPANY LIMITED BY GUARANTEE
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 1 -
The directors present their report and financial statements for the year ended 30 September 2016.
Principal activities
The principal activity of the company continued to be that of the administration and maintenance of the amenities at Enton Hall.
Directors
The following directors have held office since 1 October 2015:
I C Cawkwell
C W Crawford
S Day
M Odgers
Statement of directors' responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have 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 directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are 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 them to ensure that the financial statements comply with the Companies Act 2006. They are 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 special provisions relating to small companies within Part 15 of the Companies Act 2006.
On behalf of the board
I C Cawkwell
Director
19 June 2017
ENTON HALL ESTATE MANAGEMENT COMPANY LIMITED
COMPANY LIMITED BY GUARANTEE
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ENTON HALL ESTATE MANAGEMENT COMPANY LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Enton Hall Estate Management Company Limited for the year ended 30 September 2016 set out on pages 3 to 6 from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Enton Hall Estate Management Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Enton Hall Estate Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Enton Hall Estate Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Enton Hall Estate Management Company Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Enton Hall Estate Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Enton Hall Estate Management Company Limited. You consider that Enton Hall Estate Management Company Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Enton Hall Estate Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
David Howard
19 June 2017
Chartered Accountants
1 Park Road
Hampton Wick
Kingston Upon Thames
Surrey
KT1 4AS
ENTON HALL ESTATE MANAGEMENT COMPANY LIMITED
COMPANY LIMITED BY GUARANTEE
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 3 -
2016
2015
Notes
£
£
Turnover
20,700
20,900
Cost of sales
(21,736)
(32,254)
Gross loss
(1,036)
(11,354)
Administrative expenses
(660)
(1,020)
Operating loss
(1,696)
(12,374)
Other interest receivable and similar income
2
-
25
Loss on ordinary activities before taxation
(1,696)
(12,349)
Tax on loss on ordinary activities
-
-
Loss for the year
5
(1,696)
(12,349)
ENTON HALL ESTATE MANAGEMENT COMPANY LIMITED
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 4 -
2016
2015
Notes
£
£
£
£
Current assets
Debtors
3
3,029
3,529
Cash at bank and in hand
38,459
23,410
41,488
26,939
Creditors: amounts falling due within one year
4
(67,685)
(51,440)
Total assets less current liabilities
(26,197)
(24,501)
Capital and reserves
Profit and loss account
5
(26,197)
(24,501)
Shareholders' funds
(26,197)
(24,501)
For the financial year ended 30 September 2016 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;
-
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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the Board for issue on 19 June 2017
I C Cawkwell
Director
Company Registration No. 03089243
ENTON HALL ESTATE MANAGEMENT COMPANY LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 5 -
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 April 2008). At the balance sheet date, the company's liabilities exceeded its assets. The directors confirm that adequate funding is in place to cover the company's working capital needs and forecast rental income is expected to return the company to surplus. The directors have therefore continued to adopt the going concern basis of preparing the financial statements.
At the balance sheet date, the company's liabilities exceeded its assets. The directors confirm that adequate funding is in place to cover the company's working capital needs and forecast rental income is expected to return the company to surplus. The directors have therefore continued to adopt the going concern basis of preparing the financial statements.
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
Turnover
Turnover represents property rental income receivable and ground rent receivable.
and ground rent receivable.
1.4
Every member of the Company undertakes to contribute to the assets of the Company, in the event of it being wound up within 1 year of ceasing to be a member, for payment of the debts and liabilities of the Company, contracted before ceasing to be a member, and winding up costs, an amount not exceeding £1.
2
Investment income
2016
2015
£
£
Bank interest
-
25
-
25
3
Debtors
2016
2015
£
£
Trade debtors
-
500
Other debtors
3,029
3,029
3,029
3,529
ENTON HALL ESTATE MANAGEMENT COMPANY LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 6 -
4
Creditors: amounts falling due within one year
2016
2015
£
£
Taxation and social security
2
2
Other creditors
67,683
51,438
67,685
51,440
5
Statement of movements on profit and loss account
Profit and loss
account
£
Balance at 1 October 2015
(24,501)
Loss for the year
(1,696)
Balance at 30 September 2016
(26,197)
ENTON HALL ESTATE MANAGEMENT COMPANY LIMITED
COMPANY LIMITED BY GUARANTEE
SCHEDULE OF ADMINISTRATIVE EXPENSES
FOR THE YEAR ENDED 30 SEPTEMBER 2016
2016
2015
£
£
Administrative expenses
Accountancy
660
1,020
660
1,020
2016-09-30
2015-10-01
false
true
true
true
true
true
tmp3F9C.html
2017-06-19
03089243
2015-10-01
2016-09-30
03089243
uk-bus:Director1
2015-10-01
2016-09-30
03089243
uk-bus:Director2
2015-10-01
2016-09-30
03089243
uk-bus:Director3
2015-10-01
2016-09-30
03089243
uk-bus:Director4
2015-10-01
2016-09-30
03089243
2016-09-30
03089243
uk-bus:EntityAccountantsOrAuditors
2016-09-30
03089243
uk-bus:EntityAccountantsOrAuditors
2015-10-01
2016-09-30
03089243
2014-10-01
2015-09-30
03089243
2015-09-30
03089243
2015-09-30
xbrli:pure
xbrli:shares
iso4217:GBP