EMPIRE PROPERTY MANCHESTER LIMITED

EMPIRE PROPERTY MANCHESTER LIMITED

EMPIRE PROPERTY MANCHESTER LIMITED - Company Information

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EMPIRE PROPERTY MANCHESTER LIMITED

Company Registration Number:
08968728 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

EMPIRE PROPERTY MANCHESTER LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

EMPIRE PROPERTY MANCHESTER LIMITED

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 2,480,084 3,006,423
Total fixed assets: 2,480,084 3,006,423
Current assets
Cash at bank and in hand: 237,441 455,901
Total current assets: 237,441 455,901
Creditors: amounts falling due within one year: 4 (19,011) (40,269)
Net current assets (liabilities): 218,430 415,632
Total assets less current liabilities: 2,698,514 3,422,055
Creditors: amounts falling due after more than one year: 5 (2,215,318) (3,020,395)
Total net assets (liabilities): 483,196 401,660
Capital and reserves
Called up share capital: 1 1
Revaluation reserve:6281,929281,929
Profit and loss account: 201,266 119,730
Shareholders funds: 483,196 401,660

The notes form part of these financial statements

EMPIRE PROPERTY MANCHESTER LIMITED

Balance sheet statements

For the year ending 31 March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 November 2021
and signed on behalf of the board by:

Name: Muhammad Shahid
Status: Director

The notes form part of these financial statements

EMPIRE PROPERTY MANCHESTER LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EMPIRE PROPERTY MANCHESTER LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 1 1

EMPIRE PROPERTY MANCHESTER LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Tangible Assets

Total
Cost £
At 01 April 2020 3,006,423
Disposals (526,339)
At 31 March 2021 2,480,084
Net book value
At 31 March 2021 2,480,084
At 31 March 2020 3,006,423

EMPIRE PROPERTY MANCHESTER LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Creditors: amounts falling due within one year note

Corporation Tax £18,169 Taxation and social security £(285) Other Creditors £961 Wages & Salaries Control Account £166

EMPIRE PROPERTY MANCHESTER LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

5. Creditors: amounts falling due after more than one year note

Bank Loans & Overdrafts £1,645,947Directors' Loan Accounts £569,371

EMPIRE PROPERTY MANCHESTER LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

6. Revaluation reserve

2021
£
Balance at 01 April 2020 281,929
Surplus or deficit after revaluation 0
Balance at 31 March 2021 281,929