Melrose Place Management Company (No.2) - Dormant company accounts 11.6

REGISTERED NUMBER: 02572670 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2014

for

Melrose Place Management Company (No.2)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

4

DIRECTORS:

K Hobbs

M Murray

SECRETARIES:

Crabtree PM Limited

K Hobbs

REGISTERED OFFICE:

Marlborough House

298 Regents Park Road

Finchley

London

N3 2UU

REGISTERED NUMBER:

02572670 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

CURRENT ASSETS

Debtors

8

TOTAL ASSETS LESS CURRENT
LIABILITIES

8

CAPITAL AND RESERVES

Called up share capital

2

8

SHAREHOLDERS' FUNDS

8

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

These financial statements 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 12 January 2015 and were signed on its behalf by:

K Hobbs - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

The company was dormant throughout the current year and previous year.

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).

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%.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

8

Ordinary shares

£1

8

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which these unaudited financial statements (set out on pages two to three)

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 Melrose Place Management Company (No.2) Limited for the year ended 31 December 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 Melrose Place Management Company (No.2) Limited, as a body, in accordance with the terms of our engagement letter dated 18 February 2013. Our work has been undertaken solely to prepare for your approval the financial statements of Melrose Place Management Company (No.2) Limited and state those matters that we have agreed to state to the Board of Directors of Melrose Place Management Company (No.2) Limited, 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 Melrose Place Management Company (No.2) 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 Melrose Place Management Company (No.2) Limited. You consider that Melrose Place Management Company (No.2) 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 Melrose Place Management

Company (No.2) 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.