M3 Properties (Manchester) Ltd - Limited company - abbreviated - 11.6

M3 Properties (Manchester) Ltd - Limited company - abbreviated - 11.6

M3 CONSTRUCTION LTD - Company Information

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REGISTERED NUMBER: 05519055 (England and Wales)









ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST JULY 2014

FOR

M3 PROPERTIES (MANCHESTER) LTD

M3 PROPERTIES (MANCHESTER) LTD (REGISTERED NUMBER: 05519055)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST JULY 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 5

M3 PROPERTIES (MANCHESTER) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2014







DIRECTORS: S Majid
I A Majid





SECRETARY: S Majid





REGISTERED OFFICE: Hillbit House
New Street
Miles Platting
Manchester
M40 8AW





REGISTERED NUMBER: 05519055 (England and Wales)





ACCOUNTANTS: DBF Associates
Chartered Accountants
South Cheetham B C
10 Park Place
Manchester
Lancashire
M4 4EY
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M3 PROPERTIES (MANCHESTER) LTD (REGISTERED NUMBER: 05519055)

ABBREVIATED BALANCE SHEET
31ST JULY 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 26,948 6,837

CURRENT ASSETS
Debtors 3,314,850 2,002,016
Cash at bank 11,514 23,639
3,326,364 2,025,655
CREDITORS
Amounts falling due within one year 2,983,255 1,809,211
NET CURRENT ASSETS 343,109 216,444
TOTAL ASSETS LESS CURRENT
LIABILITIES
370,057
223,281

CAPITAL AND RESERVES
Called up share capital 3 30,003 30,003
Profit and loss account 340,054 193,278
SHAREHOLDERS' FUNDS 370,057 223,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2014 in accordance with Section 476 of the Companies Act 2006.

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 profit or loss 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 29th April 2015 and were signed on its behalf
by:





S Majid - Director


The notes form part of these abbreviated accounts

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M3 PROPERTIES (MANCHESTER) LTD (REGISTERED NUMBER: 05519055)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST JULY 2014

1. ACCOUNTING POLICIES

Accounting convention
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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st August 2013 8,043
Additions 24,867
At 31st July 2014 32,910
DEPRECIATION
At 1st August 2013 1,206
Charge for year 4,756
At 31st July 2014 5,962
NET BOOK VALUE
At 31st July 2014 26,948
At 31st July 2013 6,837

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
30,003 Ordinary £1 30,003 30,003

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M3 PROPERTIES (MANCHESTER) LTD (REGISTERED NUMBER: 05519055)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST JULY 2014

4. RELATED PARTY DISCLOSURES

In other debtors: Following relating parties owes money to M3 Properties (manchester) Limited.
2014 2013
£ £
Pin Property consultancy Limited 18,331.96 14,931.96
The Zip Partnership 13,070.50 107,000
NAP (UK) Limited 9,100 14,950
Manchester Storage UK Ltd - 43,537.90
IPS (NW) Limited - 4,046
Cantt Pak Limited 64,000
Chadderton Properties 120

In Other Creditors Includes the following related party transactions :

North west properties Limited 1,104,200 235,000
Bell View Properties (NW) Ltd 53,300.10 56,676.10
IPS (NW) Limited 17,954

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CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
M3 PROPERTIES (MANCHESTER) LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of M3 Properties (Manchester) Ltd for the year ended 31st July 2014 which comprise the Profit
and Loss Account, the 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 at icaew.com/membershandbook.

This report is made solely to the Board of Directors of M3 Properties (Manchester) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M3 Properties (Manchester) Ltd and state those matters that we have agreed to state to the Board of Directors of M3 Properties (Manchester) Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M3 Properties (Manchester) Ltd 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 M3 Properties (Manchester) Ltd. You consider that M3 Properties (Manchester) Ltd 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 M3 Properties
(Manchester) Ltd. 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.






DBF Associates
Chartered Accountants
South Cheetham B C
10 Park Place
Manchester
Lancashire
M4 4EY


29th April 2015

This page does not form part of the abbreviated accounts

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