|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report of the Directors and |
|
Unaudited Financial Statements for the Year Ended 31 August 2016 |
|
for |
|
8 Old Oak Road Management Co. |
Limited |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report of the Directors and |
|
Unaudited Financial Statements for the Year Ended 31 August 2016 |
|
for |
|
8 Old Oak Road Management Co. |
Limited |
8 Old Oak Road Management Co. |
Limited (Registered number: 04267779) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 August 2016 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Report of the Directors | 2 |
|
Balance Sheet and Income Statement | 3 |
|
Notes to the Financial Statements | 4 |
|
Chartered Accountants' Report | 5 |
8 Old Oak Road Management Co. |
Limited |
|
Company Information |
for the Year Ended 31 August 2016 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants and Business Advisors |
Regency House |
33 Wood Street |
Barnet |
Hertfordshire |
EN5 4BE |
8 Old Oak Road Management Co. |
Limited (Registered number: 04267779) |
|
Report of the Directors |
for the Year Ended 31 August 2016 |
|
The directors present their report with the financial statements of the company for the year ended 31 August 2016. |
|
DIRECTORS |
The directors shown below have held office during the whole of the period from 1 September 2015 to the date of this report. |
|
|
|
|
|
|
Other changes in directors holding office are as follows: |
|
|
|
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of the management of Flat A-D, 8 Old Oak Road, London, |
W3 7HL. As part of the management of that property, service charges are collected from lessees to meet the costs of managing and |
maintaining the property. Service charges are held in trust for the benefit of the lessees. Accordingly the service charge income and |
expenditure is excluded from the company's accounts and separate service charge accounts are prepared. |
|
STATEMENT OF DIRECTORS' RESPONSIBILITIES |
The directors are responsible for preparing the Report of the Directors 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 surplus or deficit 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; |
|
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 provisions of Part 15 of the Companies Act 2006 relating to small companies. |
|
ON BEHALF OF THE BOARD: |
|
|
|
|
|
|
|
|
|
8 Old Oak Road Management Co. |
Limited (Registered number: 04267779) |
|
Balance Sheet |
31 August 2016 |
|
2016 | 2015 |
£ | £ |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
|
RESERVES | - | - |
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006
and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
The financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
|
|
|
|
Income Statement |
for the Year Ended 31 August 2016 |
During the financial year and the preceding financial year the company has not traded and has received no income and incurred no expenditure. Consequently, during those periods the company has made neither a surplus nor a deficit. |
8 Old Oak Road Management Co. |
Limited (Registered number: 04267779) |
|
Notes to the Financial Statements |
for the Year Ended 31 August 2016 |
|
1. | STATUTORY INFORMATION |
|
8 Old Oak Road Management Co. Limited is a
|
The company's registered number and registered office address can be found on the Company Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Taxation |
The company acts as trustee of a statutory trust imposed on the service charge monies collected for maintenance of the |
building, by virtue of s.42 Landlord and Tenant Act 1987. Interest is not liable to corporation tax, but is subject to income |
tax at 20%. |
|
3. | ULTIMATE CONTROLLING PARTY |
|
The company has no ultimate controlling party. |
|
4. | SHARE CAPITAL |
|
This company is limited by guarantee, with no share capital. |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
8 Old Oak Road Management Co. |
Limited |
|
|
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial |
statements of 8 Old Oak Road Management Co. Limited for the year ended 31 August 2016 which comprise the Income Statement, |
Balance Sheet and the related notes 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
|
This report is made solely to the Board of Directors of 8 Old Oak Road Management Co. Limited, as a body, in accordance with the terms of our engagement letter dated 8 October 2014. Our work has been undertaken solely to prepare for your approval the financial statements of 8 Old Oak Road Management Co. Limited and state those matters that we have agreed to state to the Board of Directors of 8 Old Oak Road Management Co. Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 8 Old Oak Road Management Co. Limited Board of Directors, as a body, for our work or for this report. |
|
It is your duty to ensure that 8 Old Oak Road Management Co. 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 profit of 8 Old Oak Road Management Co. Limited. You consider that 8 Old Oak Road Management Co. 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 8 Old Oak Road Management Co. 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. |
|
|
|
|
|
|
|
Chartered Accountants and Business Advisors |
Regency House |
33 Wood Street |
Barnet |
Hertfordshire |
EN5 4BE |
|
|
|