Company Registration No. 09418480 (England and Wales)
SIGNATURE LIVING APARTMENTS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2016
SIGNATURE LIVING APARTMENTS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
SIGNATURE LIVING APARTMENTS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
Notes
£
£
Fixed assets
Tangible assets
2
2,355
Current assets
Debtors
1,662,974
Cash at bank and in hand
38
1,663,012
Creditors: amounts falling due within one year
(993,548)
Net current assets
669,464
Total assets less current liabilities
671,819
Capital and reserves
Called up share capital
3
1
Profit and loss account
671,818
Shareholders' funds
671,819
For the financial Period ended 31 March 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 Period 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 abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 6 January 2017
Mrs K C Kenwright
Director
Company Registration No. 09418480
SIGNATURE LIVING APARTMENTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 MARCH 2016
- 2 -
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 January 2015).
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 amounts receivable for rent and provision of property management services net of VAT and trade discounts. Turnover is recognised as services are delivered.
rent and
provision of
property management
services net of VAT and trade discounts.
Turnover is recognised as services are delivered.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
2
Fixed assets
Tangible assets
£
Cost
At 3 February 2015
-
Additions
2,355
At 31 March 2016
2,355
3
Share capital
2016
£
Allotted, called up and fully paid
1 Ordinary of £1 each
1